theOrganization, apurpose forwhichitwasnotintended. Thestatusof thisaccountisshowninannexVItothepresent report. H.Cash-flCM situation 30.AnnexVIIsrowstheGeneral FundcashflawfromJanuary 1986totheend ofDecember 1990.Thefigures provided onincaneareactualthrough September 1990,andestimated forthenextthreenonths. Thefigures on disbursements areactualthrough August1990andestimated fromSeptember to December 1990.Further infornation onthissubjectwillbeprovided inthe 8ecretary-Genera 1,srep:>rtonthecurrent financial crisisoftheUnited N:l.tionslaterintheforty-fifth session. I.Increase inthe\\brking CapitalFund 31.The\\brking Capital Fundwasestablished in1946forthepurpose of providing sufficient liquidity toenablethe8ecretary-General toadvance fromitsuchsumsasmightbenecessary tofinance budgetary appropriations, pending thereceipt ofcontributions. Itwasalsomeanttocover canmitments whichmightbedulyauthorized undertheprovisions ofthe resolutions adopted bytheGeneral Assembly tomeetunforeseen and extraordinary expenses oftheorganization. Theestablishment ofthe \'brking Capital Fundwasbasedonareca:nmendation ofthePreparatory Commission oftheUnitedNations, whichstated, interalia,that"a\'brking CapitalFundsoouldformanessential feature ofthePermanent financial arrangements oftheOrganization inordertoensuremeansforfinancing various contingencies." Y 32.Inviewofthechronic cash-flow difficulties relatedtoregular budget requirements, aswellastheincreased demandforcashtofinance the start-up costsofnewpeace-keeping operations, thesecretary-General continues tobelieve thatitisessential toincrease thevorking Capital Fundfromitspresent levelof$100milliontoalevelofnotlessthan $200million. 33.In,:paragraphs 28to39ofhisreporttotheforty-fourth session ofthe General Assembly onthefinancial emergency oftheUnitedNaticns, 1/the secretary-General described theconsiderations which,inthepast,'Fadbeen deemedrelevant inestablishing theleveloftheWJrking Capital Fundand provided thereasons forhisproposal thattheWJrking Capital Fundshould beincreased tonotlessthan$200million. Healsooutlined anumberof options forfinancing theincrease. /... Digitized by Dag Hammarskjöld LibraryA/C.5/45/17 English Page11 34.TheAdvisory Committee onAdministrative andBudgetary Questions, in paragraph 12ofitsrelated reporttotheGeneral Assembly atits forty-fourth session, 4/reccmmended thatconsideration ofthe Secretary-Genera 1Isproposal onthismatterbedeferred totheforty-fifth session. Inthisconnection, theAdvisory camnittee indicated thatit\'oOuld returntothematteronapriority be.sisatitssessiontobeheldinthe springof1990withaviewtopreparing aconprehensive reportthat\'oOuld attenpt toaddressallmajoraSPects oftheissueandsUbmitdefinitive recamnendations onthesubject. 35.Asdetailed insection Iofthepresent report, thefinancial position oftheorganization continues tobeprecarious. Theprimary meansof resolving thesefinancial difficulties, andtheonewhich\'oOuldresultin thelowestcosttoMemberStates, remains thatoftheprompt payment by every ~rnberState,within 30daysofreceipt ofanassessment letter, of allitsassessed contributions inaccordance withfinancial regulation 5.4. Unlessthisisdone,theOrganization willcontinue tofacetheveryreal riskofdefaulting onitsday-to-day financial commitments. 36.Otheroptions, suchastheauthority tororrowconunercially when required andtheissuance ofcertificates ofindebtedness against the arrears of~mberStates, o:::>uldbeconsidered toalleviate thefinancial difficulties. Bothoftheseproposals havereceived negative reactions from MemberStatesinthepastandaretherefore notbeingputforwardatthis time.Voluntary contributions, thoughwelcome whenfreelyand unconditionally provided, areunlikely tobeadequate toresolve the situation. 37.TheSecretary-General therefore remains convinced thattheonlywayto restore andrcaintain thefinancial viability oftheUnitedNationsisfor themembership toassumeitscollective responsibility andtoauthorize an increase inthew:>rking capital Fundthrough assessments onallM=mber States. Notes !IA/C.5/44/27. 2/Official Records oftheGeneral Assembly, Thirty-first session, Supplanent No.37(A!3l!37), para.46. ~ReportofthePreparatory Canunission oftheUnitedNations (PC/20). YA/44/873. I...A/C.5/45/17
**Analysis**
The text appears to be discussing the financial situation of the United Nations, specifically the organization's cash flow difficulties and the need to increase the Working Capital Fund. It also touches on the importance of prompt payment of contributions by member states to alleviate these financial difficulties. Given the focus on the financial management of the organization, it is likely that the text is related to the management of the organization's resources, rather than a specific sector such as health or education.

**Category**
International trade, Finance