UN labour agency approves reforms following aid cuts
Summary
The UN's International Labour Organization has approved structural reforms in response to a severe financial crisis caused by significant international aid cuts, including unpaid contributions from the United States.
Key Points
- The UN's International Labour Organization (ILO) has agreed to structural reforms amid a severe financial crisis due to international aid cuts.
- The United States owes the ILO $173 million, accounting for 22 percent of its budget, and has not paid fees for two years.
- Overall aid shortfall totals around 250 million Swiss francs, approximately a third of ILO's budget.
- The ILO may face budget cuts of 15-20% in 2026 and 2027, with potential layoffs or relocating staff to cheaper locations being considered.
