U.N. Aims For Major Cut in Peacekeeping Bill -- Defense News/AFPUNITED NATIONS — The United Nations hopes to cut $1 billion off its peacekeeping budget this year as it seeks to close or shrink many missions, a top U.N. official said Feb. 8.
With major powers pressing for spending cuts, the East Timor peacekeeping mission is expected to close by the end of 2012 and Haiti, Liberia and possibly Darfur could face reductions, said Herve Ladsous, the head of U.N. peacekeeping.
He told reporters he hopes to cut the department’s budget, which dominates U.N. spending around the world, from $8 billion last year to about $7 billion in 2012.
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Update: UN to cut peacekeeping bill -- IOL News
My Comment: These cuts are huge .... but such is the state of the world finances.
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