UN budget spending cap underlines reform agenda

UN members agreed last night on a two-year budget with a €950m (€800m) spending cap next year to step up pressure for speedy UN management reforms that are a top priority for the US and the European Union.

US Ambassador John Bolton called it a victory for the US. Britain’s UN Ambassador Emyr Jones Parry, whose country holds the EU presidency, said he wouldn’t claim victory for its 25 members but for the United Nations.