The preceding governments have also mortgaged roads, buildings and institutions and procured loans through the issuance of bonds, both national and international.
The UN's cash crisis is mainly due to member nations not paying their annual assessment bills.
With $230 million deficit, United Nations could run out of money by October end, warns UN chief Antonio Guterres
The UN Secretary-General Guterres said member states of the international body have only paid 70 per cent of the total amount needed for regular budget operations in 2019.
Sanjeev Sanyal on cash crush : Unusual increase in demand, about Rs 45,000 crores withdrawn recently
He assured that the matter will be resolved soon
The best-laid plans of mice and men often go awry