UN General Assembly
2007

While it is incumbent on Member States to fulfil their obligations that come with membership, the Organization must put in place effective management tools and create a system that would eliminate overspending and waste and create more fiscal accountability and proper oversight. The Bahamas values the role of the United Nations as the custodian of the interests of the world’s people, in particular the poor and the vulnerable. The Bahamas continues to believe that the United Nations Charter constitutes a viable and firm foundation on which the Organization can balance and achieve its objectives: to maintain international peace and security and, equally important, to promote development and economic and social progress.