Article: South Africa: UN seeks over $5bn.

Byline: Mamta03

The United Nations (UN) secretary-general Ban Ki-moon has proposed a budget of just over $5 billion to cover the work of the UN Secretariat for the next two years, states Xinhua Net.

Ban highlighted the continuing costs of implementing a new ICT system to help the world body better plan and manage its resources, personnel needs and reporting process. He also drew attention to the expense of training related to International Public Sector Accounting Standards.

Ban says: "Without this kind of capital budgeting arrangement for ICT, it will be impossible to overcome systemic under-investment in ICT, which has seen the Secretariat ...

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