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OAS Member States Approve Organization’s Budget for 2011

  September 30, 2010

The Member States of the Organization of American States (OAS) approved by acclamation the budget for the Organization’s regular fund for 2011, in a special session of the General Assembly held today in Washington, DC.

The budget agreed upon reached $85.3 million, which is $4.8 million less than the 2010 budget. The reductions were divided between $3.1 million displaced from personnel expenses, and $1.7 million which were deducted from non-personnel expenditures.

The Secretary General of the OAS, José Miguel Insulza, thanked all of the representatives of the Member States for what he defined as, “a difficult effort to make in a difficult juncture,” especially regarding the budget cut and he assured that, given the strenuous circumstances, they arrived at, “a good compromise.”

Secretary General Insulza as well as the Permanent Representatives pointed out the need to “rationalize spending” and establish a system of priorities for mandates which the organization is in charge of executing. According to the OAS Secretary General, the Organization has altogether more than 1,700 mandates to fulfill.

For more information, please visit the OAS Website at www.oas.org.

Reference: E-356/10