Stresses the importance of strong domestic institutions to promote business activities and financial stability for the achievement of growth and development; stresses also the special importance of creating an enabling international economic environment through strong cooperative efforts by all countries and institutions to promote equitable economic development in a world economy that benefits all people; stresses the need for multilateral financial institutions to work on the basis of sound, nationally-owned paths of reform that take into account the needs of the poor and efforts to reduce poverty, and to pay due regard to the special needs and implementing capacities of developing countries and countries with economies in transition; stresses the need for structural reforms to strengthen corporate governance, accounting and auditing; stresses, in the consideration of any new debt resolution mechanism, the importance of a broad discussion in the appropriate forums, with the participation of all interested actors.

Adopted without vote, 78th plenary meeting

4 p.