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V Committee

Administrative and Budgetary Matters
Expert: Carmen Ávila, Second Secretary 

 

The V Committee is the only General Assembly Committee that meets year round. Its mandate is to examine the budget and administration of the United Nations.

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All V Committee resolutions are adopted by consensus, with the exception of those related to the financing of the United Nations Interim Force in Lebanon (UNIFIL), which are adopted by registered voting, and some exceptional cases regarding the United Nations budget and the scale of assessments for the assessment of contributions to the United Nations.

 

Due to the expansion of the United Nations’ international agenda has increased the its global budget for administrative and budgetary costs, as well as the increasing demand for peacekeeping operations and special political missions, has increased the relevance and importance of the V Committee  in the last few years, since 2005.

The Advisory Committee on Administrative and Budgetary Questions (ACABQ), which is comprised of 16 members that are elected by the General Assembly for 3-year terms, provides consulting services to the V Committee and recommends Members States in the need to increase or decrease the figures in the Secretary General’s proposals.

The Committee deals with over 160 thematic subjects, among which the following can be highlighted:

  • The scale of assessments for the assessment of contributions to the United Nations
  • The budget for peacekeeping operations
  • The United Nations budget (approved biannually)
    • The financial status of the United Nations (reviewed biannually)
    • Reforms to the administration of justice
    • Reforms concerning human resources
    • Reforms to acquisitions
    • The Capital Master Plan
    • Programme budget implications of other Committees’ resolutions

Issues of Key Importance for Panama

  • The scale of assessments for the assessment of contributions to the United Nations. This is negotiated every 3 years. Its elements are calculated on the basis of a country’s economic growth, population, per capita income, etc.
  • The scale of assessments for peacekeeping operations.  Panama pays an annual contribution to the 28 peacekeeping operations that are active around the globe.
  • The Capital Master Plan. This is an ongoing infrastructure project that will revamp and modernize the United Nations headquarters installations in New York. Panama pays a yearly fee  for a period that will last 5 consecutive years. The project is expected to conclude in 2014.
© 2010 Permanent Mission of Panama to the United Nations