Friday, September 10, 2010

U.S. Financial Contributions to UNESCO

U.S. funds to UNESCO
are allocated by the Congress

There is a formula used by the United Nations and other agencies of the UN system to determine the portion of the assessed contributions to be paid by each member nation. According to this computation, the United States contributes 22 percent to the regular budget of UNESCO; the approved regular budget for the two years 2010 and 2011 is $653 million. In addition to the assessed budgetary contributions, UNESCO received voluntary extrabudgetary contributions. These are an important part of the Organization's financial resources amounting to an estimated $463 million for the same two years.

The U.S. contributes close to $3.7 million dollars in extra-budgetary funds to UNESCO each year in addition to its assessed dues. Those funds are devoted to specific projects:

Read more about:

No comments: