The United Nations General Assembly approved a 7% budget reduction for 2026, setting it at $3.45 billion, down from $3.72 billion this year. This decision, which includes cutting 2,900 positions, is a response to a financial crisis largely attributed to the United States' arrears. UN Secretary-General Antonio Guterres had proposed a larger cut and job reduction, citing persistent liquidity challenges due to unpaid contributions, primarily from the US.