§ Mr. A. Hendersonasked the Lord Privy Seal whether he will make a statement on the present budget position of the United Nations Organisation, in view of the failure of a number of member States to pay their contribution, stating which member States are in default.
§ Mr. HeathThe United Nations faces bankruptcy early in 1962. By then its cash deficit will be over 42 million dollars and this is the limit which can be covered by borrowing from all sources at present available to the Secretary-General. There are also outstanding obligations of over 50 million dollars. This situation is a result of the failure of many member Governments to pay their assessed contributions to the cost of peace and security operations in the Middle East and the Congo and to the regular budget. The list of defaulters is long and I would therefore draw the attention of the right hon. and learned Gentleman to the full monthly tables published by the United Nations Secretariat. The latest of these is dated 11th July and gives the position as at 30th June. A copy is in the Library of the House.