OAS urges greater transparency in political financing
BRIDGETOWN, Barbados, May 12, CMC – Secretary General of the Organization of American States (OAS), Jose Miguel Inzulsa, has called for greater equity and transparency in the systems of political financing in the Caribbean.
Addressing the regional forum, “Strengthening Regulation of Political Parties and Political Financing Systems in the Caribbean,” the OAS chief said these are necessary “not only for the consolidation of free and fair elections but for the strengthening of democracy.
“This is not only our duty but our obligation so that the peoples of the Americas may realize their aspiration for a fair, democratic system, and benefit from the certainty of liberty and equality, which are intrinsic to democracy and indispensable for greater freedom and justice,” he said.
Insulza warned that it is “undeniable that money can introduce important distortions to the democratic process.”
The leader of the hemispheric organization said there is need for greater regulation of political parties and political financing systems in most countries of the Caribbean, where the OAS has deployed Electoral Observation Missions.
Forty-two delegates from 14 OAS-member states attended the regional meeting in Barbados which discussed the “underlying complex relationship between money and democracy.”
The forum built upon a 2010 regional consultation on model campaign finance legislation was aimed at engaging high-level stakeholders in the development of laws and regulations on political financing in order to ensure transparent and equitable electoral processes in the region.