Furthering international co-operation regarding the external debt problems : resolution / adopted by the General Assembly.
1987
Files
Details
SymbolA/RES/42/198
TitleFurthering international co-operation regarding the external debt problems : resolution / adopted by the General Assembly.
AccessEnglish: A_RES_42_198-EN - PDF ; Español: A_RES_42_198-ES - PDF ; Français: A_RES_42_198-FR - PDF ; Русский: A_RES_42_198-RU - PDF ; العربية: A_RES_42_198-AR - PDF ; 中文: A_RES_42_198-ZH - PDF ;
Summary
Expresses concern that external debt problems can pose a threat to economic, social and political stability in indebted countries; calls upon the international community to continue its efforts, in the context of official debt restructuring exercises, to take appropriate and realistic measures to reduce the burden of official debt, adapted to the specific needs and circumstances of individual countries, inter alia, so as to allow an adequate planning horizon and long-term adjustment; consideration should be given to unforeseen changes in a country's external payments; urges the international community to give serious consideration to mutually agreed ways and means of assisting debtor developing countries faced with large and bunched debts to the multilateral financial institutions, taking into account the need for increased capital flows on terms adapted to their payment situation and the specific economic circumstances of individual countries; calls upon the international community to intensify its efforts to provide the necessary resource flows to African countries, including increasing its efforts to grant adequate terms of rescheduling and other effective debt relief measures, as appropriate, to alleviate the debt burden; stresses that urgent specific actions in respect of the indebtedness of the least developed and poorest developing countries are required, as contained in the relevant provisions of the Final Act adopted by UNCTAD at its 7th session, including substantial increases of concessional finance, essentially in grant form.
Action note1987-12-11
Vote summary
Adopted 154-1-0, 96th meeting
Meeting record
A/42/PV.96
Agenda information
A/42/251 85 External debt crisis and development. EXTERNAL DEBT
Date[New York] : UN, 10 Feb. 1988.
Description
5 p.
Notes
Adopted at the 96th plenary meeting, 11 Dec. 1987.
In: Resolutions and decisions adopted by the General Assembly during its 42nd session, Volume 1, 15 September-21 December 1987. - A/42/49. - 1988. - p. 167-168. - (GAOR, 42nd sess., Suppl. no. 49).
In: Resolutions and decisions adopted by the General Assembly during its 42nd session, Volume 1, 15 September-21 December 1987. - A/42/49. - 1988. - p. 167-168. - (GAOR, 42nd sess., Suppl. no. 49).