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November 17, 2011 - Image 50

Resource type:
Text
Publication:
The Detroit Jewish News, 2011-11-17

Disclaimer: Computer generated plain text may have errors. Read more about this.

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Financially
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Programs

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1704120

42

November 17 • 2011

U

NESCO will post-
pone some of its
programs and has
called for emergency dona-
tions following the pullout of
U.S. support, said the organi-
zation's head.
Irina Bokova, the general
director of the United Nations
Educational, Scientific and
Cultural Organization, said
Nov. 11 that the organization
was going through "difficul-
ties" following the loss of
millions of dollars in U.S.
funding. The United States
withdrew its backing under
the provisions of U.S. law
after UNESCO voted to extend
full membership to the
Palestinians in late October.
Faced with the loss of 22
percent of its budget, or some
$65 million, following the
removal of U.S. funds, and to
a smaller extent Israeli rev-
enue, Bokova called on mem-
ber states to urgently consider
making additional loans to
the group's working capital
fund, and also called for pri-
vate and institutional parties
to contribute to UNESCO's
"core priorities" in a newly
created Emergency Multi-
Donor fund.
The decision to suspend
programs until 2012 should
save $35 million, and another
$30 million of UNESCO's
operational funds will be
used to help make up for the
$65 million loss for 2011. The
U.S. normally would have
made its annual deposit to
the organization in December.
UNESCO is facing an esti-
mated deficit of $143 mil-
lion over the years 2012 and
2013, according to French
reports. ❑

See related editorial on page 47.

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