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General Assembly Adopts $3.16 Billion 2004-2005 Budget and Concludes Main Part of 58th Session

12/23/2003 11:22:37

Unique ID UN7777303

General Assembly Adopts $3.16 Billion 2004-2005 Budget and Concludes Main Part of 58th Session

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General Assembly Adopts Nine Budget Committee Texts

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President of General Assembly Meets with Minister for Foreign Affairs of Spain

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President of General Assembly Meets Permanent Representative of Argentina

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President of 58th Session of General Assembly Meets with Prime Minister of Republic of Mauritius

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President of General Assembly Meets President of Uganda

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Headline General Assembly Adopts $3.16 Billion 2004-2005 Budget and Concludes Main Part of 58th Session

Caption Description Acting on the recommendations of its Fifth Committee (Administrative and Budgetary), the General Assembly this evening adopted the programme budget for 2004 - 2005 of $3.16 billion. Presented in a shorter-than-usual results-oriented format, the budget draft envisions a range of measures to realize more efficient utilization of resources, including structural reorganization, redeployment of funds, streamlining and improving project design. In particular, it includes the first practical steps to implement a long-awaited reform of the budgetary cycle and entrusts the Secretary-General with wider power of redeploying staff on an experimental basis. "I believe we have thus earned the right to be highly satisfied with our accomplishments," said Julian Robert Hunte (Saint Lucia), President of the fifty-eighth session of the General Assembly, after the Assembly acted on such important issues as the scale of assessments, financing peacekeeping missions, and financing the two International Tribunals. And while many other important issues had also been addressed - including HIV/AIDS, financing for development and humanitarian assistance - he reminded delegations that they had laid out for themselves a demanding agenda for the remainder of the session.
Julian Robert Hunte (Saint Lucia) (left), President of the fifty-eighth session of the General Assembly, with Yasemin Heinbecker, Legal Advisor to the President of the General Assembly.

Unique Identifier UN7777356

NICA ID 29953

Production Date 12/23/2003 11:22:02 AM

City/Location New York

Country United States of America

Credit UN Photo/Eskinder Debebe

File size 2.28 MB