AG/RES. 1692 (XXIX-O/99)

THE FINANCIAL AND BUDGETARY SITUATION OF THE ORGANIZATION

(Resolution adopted at the fourth plenary session, held on June 8, 1999)

THE GENERAL ASSEMBLY,

HAVING SEEN the difficult financial and budgetary situation facing the Organization;

CONSIDERING that urgent thought must be given to finding effective solutions to that situation;

BEARING IN MIND the need for the Organization to comply effectively with the mandates from its political organs as well as from the Summits of the Americas; and

NOTING that one of the principal responsibilities of the General Assembly, as the supreme organ of the Organization, is to approve the program-budget of the Organization and set the quotas of the member states, in line with Article 54.e of the Charter,

RESOLVES:

1. To request the Permanent Council to analyze, with the help of the Special Joint Working Group of the Permanent Council and the Inter-American Council for Integral Development on Strengthening and Modernization of the OAS, all factors affecting the Organization’s financial and budgetary situation, with a view to proposing measures, and to draw up and adopt the corresponding recommendations.

2. To ask the Permanent Council to report to the thirtieth regular session of the General Assembly on implementation of this resolution.