Welcomes the efforts by developing countries to adopt and implement national development strategies to achieve their national development priorities as well as the internationally agreed development goals and objectives; decides in accordance with paragraph 73 of the Monterrey Consensus to hold a follow-up international conference on financing for development to review the implementation of the Consensus at a time between 2008 and 2009; decides that the review conference should assess progress made; reaffirm goals and commitments; share best practices and lessons learned; and identify obstacles and constraints encountered, actions and initiatives to overcome them and important measures for further implementation, as well as new challenges and emerging issues; also decides to commence the preparatory process, including a decision on the exact date of the conference, at its 61st session; resolves to continue to make full use of the existing institutional arrangements for reviewing the implementation of the Monterrey Consensus.

Adopted without vote, 68th plenary meeting

6 p.

Issued in GAOR, 60th sess., Suppl. no. 49.