Decision concerning the payment mechanism and the priority of payment of outstanding claims (S AC.26 Dec.256 (2005))

To adopt a decision on the payment mechanism and the priority of payment of outstanding claims (S AC.26 Dec.256 (2005)).

As indicated above, a decision was taken at this session to modify the payment mechanism and the priority of payment of outstanding claims.

However, a lump sum payment of 65,200 was received this year, reducing the outstanding amount to 1,807.

Other Member States in arrears are encouraged to consider submitting payment plans to steadily reduce their outstanding assessed contributions.

Noting also that following the last round of payment made on 27 October 2005, there remain 85 claims with payments outstanding,

Table 4 shows, in summary form, the current status of those Member States that have entered into payment plan arrangements to settle outstanding assessed contributions.

Belarus has paid its third and last instalment due and has thus successfully settled all its outstanding assessed contributions.

It is noted that the Secretariat has maintained its efforts to collect outstanding assessed contributions and negotiated four new payment plans with member states during 2004.

Both Georgia and the Niger had payments and credits applied to their outstanding assessed contributions in 2004 that exceeded the amounts foreseen in their payment plans.

Distribution of the unpaid assessed contributions of the former Yugoslavia outstanding due and payable at 27 April 1992 (United States dollars)

The government of Afghanistan is ready to settle its outstanding contributions to the UNIO budget as stipulated in the payment plan that my government signed on 21 May 2004.

Ongoing process improvements include the regular reconciliation of amounts due to from United Nations accounts (para. 52), the prompt clearance of outstanding inter agency reconciling items (para. 150) and the regular monitoring of long outstanding advances (para.

And, Law No. 10.710 2003 re establishes the payment by enterprises of maternity salary due to insured employees and temporary workers.

The vendor relied expressly on article 71 CISG to justify its suspension of delivery due to the buyer's failure regarding payment.

(c) Urges Member States to pay their outstanding assessed contributions as soon as possible to minimize the need to withdraw sums to meet shortfalls in the payment of assessed contributions.

The Committee also encouraged the Comoros and Iraq to consider presenting a multi year payment plan as a way of gradually reducing their outstanding assessed contributions to the United Nations.7

5. Urges once again those Member States which have outstanding balances on foreign tax accounts receivable to provide the reimbursement due to the Fund

The same day, Puerto Rico's Governor Alejandro García Padilla announced he had blocked a 422 million debt payment that was due on Monday, May 2.

The Committee recalls that as at 30 June 2004, there were seven missions with cash deficits totalling some 93.2 million due to outstanding payments of assessed contributions.

Outstanding problems

(c) Urged Member States to pay their outstanding assessed contributions as soon as possible to minimize the need to withdraw sums from the Working Capital Fund to meet shortfalls in the payment of assessed contributions.

The Committee noted Guinea Bissau's intention to establish a multi year payment plan and encouraged it to submit such a plan as soon as possible, so as once again to reduce its outstanding assessed contributions.

Payment

National payment systems operate electronic based payment products and services.

At that time, the former Yugoslavia had outstanding assessed contributions that had become due and payable both before and after the dissolution of the Socialist Federal Republic of Yugoslavia.

Outstanding contribution pledges

Following Ireland, Greece is now the second euro zone member to have gotten into massive payment difficulties due to the crisis, almost to the point of national bankruptcy.

52. Invites those organizations of the United Nations system which are currently in arrears with their contributions to the United Nations under the present cost sharing arrangements to take steps to ensure prompt payment of the outstanding sums

Nevertheless, Member States should authorize the Secretariat to apply outstanding credits to outstanding assessed contributions.

Outstanding problems and solutions

After the last payment of approximately 655 million on 27 October 2005, there are only 85 approved claims (in categories D, E and F), with an outstanding award balance of 32.4 billion, that have not been paid in full.

As the six partners made the initial sale payment but not the final payment, the four partners successfully sued them for final payment.

Right to payment

(2) Payment order

(3) Payment request

Payment of contributions

In a judgement dated 5 July 2001, the Barcelona Provincial Court upheld the earlier ruling, albeit limiting the payment to the amounts outstanding for the period from August 1994 to 27 October 1995, the date of submission of the complaint.

Such balances arise mainly from the non payment or delayed payment of assessed contributions

Write offs of outstanding contribution

2.3 Outstanding problems and solutions

Some outstanding issues and solutions

Outstanding issues include the following

Late payment or non payment of contributions has a negative impact on the completion strategy.

In recent years, the rate of women receiving this payment has decreased moderately, mostly due to changes in the rate of women's participation in the labor market whilst in their fertility phase.