The United Nations Refugee Agency (UNHCR) is facing a critical $300 million shortfall in its 2025 budget — a funding gap that could trigger further devastating cuts to life-saving programmes for refugees and displaced persons worldwide. UN High Commissioner for Refugees Filippo Grandi issued the stark warning during his opening address to the UNHCR Executive Committee’s 76th annual session in Geneva, marking the final year of his decade-long tenure at the helm of the agency.

A Deepening Humanitarian Funding Crisis

According to Grandi, UNHCR expects to end 2025 with just $3.9 billion in available funds , a staggering 25 percent decrease from 2024 levels . The last time the agency’s operational budget fell below $4 billion was in 2015 , when the global forcibly displaced popula

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