Abstract
According to the financial regulations, “the appropriations voted by the General Assembly shall constitute an authorization to the Secretary-General to incur obligations and make payments for the purposes for which the appropriations were voted and up to the amounts so voted.” But before such obligations can be incurred or such payments made, a large number of decisions within a complex administrative framework must be taken. This chapter will treat the origins and nature of these decisions, and will commence with a discussion of the Working Capital Fund, a source upon which the Secretary-General must frequently draw in his execution of the United Nations budget.
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© 1960 Martinus Nijhoff, The Hague, Netherlands
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Singer, J.D. (1960). Budget Execution. In: Financing International Organization: The United Nations Budget Process. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-9082-4_7
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DOI: https://doi.org/10.1007/978-94-011-9082-4_7
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-011-8386-4
Online ISBN: 978-94-011-9082-4
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