Where does the UN gets its money?

One would not be wrong to say that the United Nations looks after the world. Such an organisation needs a lot of money for smooth and efficient functioning. You might have membership in some club. As club members, you would have to contribute money for the functioning of the club. Similarly, the UN draws funds through membership.

The UN receives annual funding from the governments of its 193 members. Each member contributes according to its ability to pay. Factors like national income, level of debt and population are taken into consideration to decide a country’s annual contribution.

So naturally, wealthier nations contribute more than the poor nations. For instance, in 2006, Liberia had to contribute 0.001 per cent of the regular budget while France had to pay 6 per cent.

 

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