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UN reports positive financial situation, warns of cash flow

UN reports positive financial situation, warns of cash flow

May 07, 2014, at 04:54 pm

New York, May 7 (IBNS): The top United Nations management official reported on Tuesday that at the end of 2013, the Organization's financial situation was "generally sound", but cautioned that the cash flow would get tighter in the final months of 2014, as several major contributors would pay their assessments between October and December.