The World - News from Dec. 1, 1985
Latin American countries were so far behind in their payments to the Organization of American States last summer that the United States was carrying 94% of the organization’s budget, according to U.S. officials. Now, however, some of the least economically depressed Latin countries, including Mexico and Venezuela, have made payments, reducing the U.S. share and helping overcome an OAS financial crisis. Under a formula based on ability to pay, Washington for many years has been contributing 66% of the budget, now running at $60 million.
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