Recognizes the importance of scaling up microcredit and other microfinance instruments; reiterates its invitation to Member States, relevant organization of the UN system, non-governmental organizations, the private sector and civil society to contribute, including through making voluntary contributions, in observing the International Year of Microcredit, to raise public awareness and knowledge about microcredit and microfinance; decides to devote one plenary meeting at its 61st session to the consideration of the outcome of and follow-up to the International Year of Microcredit; requests the Secretary-General to prepare a report on the observance of the Year and on the implementation of the present resolution and to submit it to the Assembly at its 61st session.

Adopted without vote, 75th plenary meeting

3 p.

Issued in GAOR, 59th sess., Suppl. no. 49.