Cornelius Smith, Bahamas ambassador and permanent representative to the Organization of American States, pushed for the retention of FEMCIDI, an OAS fund that targets regional cooperation and sustainable development. Smith said he was “deeply concerned that the future of FEMCIDI is in jeopardy,” as budget gaps are prompting member states to evaluate their level of financial support to the fund, according to Thebahamasweekly.com.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.