The World - News from Dec. 1, 1985
- Share via
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.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.