The 2024 budget is higher than 2023, which stood at 3.4 billion USD. The regular budget covers UN activities across a range of areas, including political affairs, international justice and law, regional cooperation for development, human rights and humanitarian affairs, and public information.

The world body has a separate peacekeeping budget, which has a fiscal cycle ending on June 30. The regular budget covers the calendar year.

The UN is trying to address urgent global challenges such as international conflicts, climate change, poverty, and inequality.

The budget approval is an important step in ensuring the body has the resources to carry out its important tasks.