On December 26th, the 79th session of the United Nations General Assembly concluded its main agenda on December 24th local time, and approved an increase in the UN’s regular budget for 2025 to $3.72 billion. The regular budget will be used to support United Nations projects in core areas such as political affairs, international justice and law, regional development cooperation, human rights and humanitarian affairs, and public information. In addition, the United Nations also has a dedicated budget for peacekeeping operations, with a fiscal cycle from July 1 to June of the following year, while the regular budget cycle is consistent with the calendar year. In addition, the United Nations has also adopted the “Ten Year Action Plan for Land locked Developing Countries 2024-2034”, aimed at addressing the unique challenges faced by these countries without direct access to the sea. (CCTV News)
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