A.Extent, rateofincrease andcomposition oftheshort-term deficit 3.Thebasicdefinition oftheshort-term deficit oftheUnitedNations wasestablished bytheNegotiating Committee ontheFinancial Emergency of theUnitedNations, initsreporttotheGeneral Assembly atits thirty-first session. 2/Sincethattime,ithasbeentraditional to provide ananalysis of-theshort-term deficit eachyearinthereportofthe secretary-General onthefinancial emergency. 4.AsshCMninannexI,theshort-term deficit oftheUnitedNations is composed of:(a)amounts outstanding asaresultofwithholdings bysome MemberStatesoftheirsharesofassessed contributions inresPeCt of certain itemsintheregular bUdget~ (b)unpaidassessments whichwere transferred toaspecial account pursuant toGeneral Assembly resolutions 3049C(XXVII)of19December 1972and36/116Aof10December 1981~ (c)withholdings ofassessments inrespect oftheUnitedNations Emergency Force(UNEF)(1973), theUnitedNations Disengagement Observer Force(UNDOF) andtheUnitedNations Interim ForceinLebanon (UNIFIL) bycertain r-Eniber States~ (d)netobligations incurred inexcessofavailable fundsinrespect ofUNEF(1956)andtheUnitedNations Operation intheCongo(CNUC) ~(e)the repayment dueto~erStatesforcredits insurplus accounts forUNEF (1956)and <::NtX::~less(f)voluntary contributions totheUnitedNations Special Account. 5.Anyunpaidassessments pertaining totheregular budgetandto peace-keeping operations whichhavenotbeencharacteriZed by~niberStates aswithholdings onthebasisofpositions ofprinciple aretherefore excluded fromtheestinate oftheshort-term deficit (seepara.8below). 6.Thecombined short-term deficit, sodefined andprojected to 31December 1990,iscurrently estinated at$260.7million, compared withan estinated $315.0million for1989.Thedecrease ofanestinated $54.3 million between 1989and1990results from:(a)thepayment infullbyfour MemberStatesandpartial payment byoneMeniberStateofamounts previously withheld fromtheirassessed contributions totheregular budget; (b)the partial payment byeightMemberstatesofamounts previously withheld from theirassessed contributions topeace-keeping operations~ and(c)an increase intheleveloftheSpecial Account resulting frominterest earned onthebalance available intheAccount. 7.AnnexIItracestheevolution oftheshort-term deficit since1974. /...A/C.5/45/17 English Page2 1.CURRENT ANDFORESEEN DEFICIT ANDTHECASH-FILW SITUATION OFTHEORGANIZATICN 2.Everyyearsince1965theGeneral Assembly hasincluded anitem entitled "Financial emergency oftheUnitedNations" initsagenda. Despite theappeals andexpressions ofcommitment contained intherelated resolutions adopted bytheGeneral Assembly, solutions havenotbeen found~ thusthefinancial situation oftheOrganization continues tobeas precarious asever. A.Extent, rateofincrease andcomposition oftheshort-term deficit 3.Thebasicdefinition oftheshort-term deficit oftheUnitedNations wasestablished bytheNegotiating Committee ontheFinancial Emergency of theUnitedNations, initsreporttotheGeneral Assembly atits thirty-first session. 2/Sincethattime,ithasbeentraditional to provide ananalysis of-theshort-term deficit eachyearinthereportofthe secretary-General onthefinancial emergency. 4.AsshCMninannexI,theshort-term deficit oftheUnitedNations is composed of:(a)amounts outstanding asaresultofwithholdings bysome MemberStatesoftheirsharesofassessed contributions inresPeCt of certain itemsintheregular bUdget~ (b)unpaidassessments whichwere transferred toaspecial account pursuant toGeneral Assembly resolutions 3049C(XXVII)of19December 1972and36/116Aof10December 1981~ (c)withholdings ofassessments inrespect oftheUnitedNations Emergency Force(UNEF)(1973), theUnitedNations Disengagement Observer Force(UNDOF) andtheUnitedNations Interim ForceinLebanon (UNIFIL) bycertain r-Eniber States~ (d)netobligations incurred inexcessofavailable fundsinrespect ofUNEF(1956)andtheUnitedNations Operation intheCongo(CNUC) ~(e)the repayment dueto~erStatesforcredits insurplus accounts forUNEF (1956)and <::NtX::~less(f)voluntary contributions totheUnitedNations Special Account.