Budget
UNOPS is self-financing, prompting efficiency and financial discipline. It covers administration costs by charging a small fee on each project supported. UNOPS is not-for-profit, and meets the highest international standards of accountability and transparency in all its transactions.
In 2010, UNOPS implemented $1.27 billion worth of projects for partners, up 16 percent from 2009. Over the same period, administration costs dropped by $200,000 to $64.2 million.
Read more about this topic: United Nations Office For Project Services
Famous quotes containing the word budget:
“The United States is the only great nation whose government is operated without a budget. The fact is to be the more striking when it is considered that budgets and budget procedures are the outgrowth of democratic doctrines and have an important part in developing the modern constitutional rights.... The constitutional purpose of a budget is to make government responsive to public opinion and responsible for its acts.”
—William Howard Taft (1857–1930)
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)
“You can fool all the people all the time if the advertising is right and the budget is big enough.”
—Joseph E. Levine (b. 1905)