United Nations
A/RES/58/202
General Assembly
Distr.: General
4 February 2004
Fifty-eighth session
Agenda item 91 (d)
Resolution adopted by the General Assembly on 23 December 2003
[on the report of the Second Committee (A/58/481/Add.4)]
58/202. International financial system and development
The General Assembly,
Recalling its resolutions 55/186 of 20 December 2000 and 56/181 of
21 December 2001, both entitled “Towards a strengthened and stable international
financial architecture responsive to the priorities of growth and development,
especially in developing countries, and to the promotion of economic and social
equity”, as well as its resolution 57/241 of 20 December 2002,
Recalling also the United Nations Millennium Declaration adopted by the
heads of State and Government on 8 September 2000, 1 its resolution 56/210 B of
9 July 2002, in which it endorsed the Monterrey Consensus of the International
Conference on Financing for Development, 2 and the Plan of Implementation of the
World Summit on Sustainable Development (“Johannesburg Plan of
Implementation”), adopted on 4 September 2002, 3
Emphasizing that the international financial system should support sustainable
development, sustained economic growth and poverty reduction while allowing for
the coherent mobilization of all sources of financing for development, including the
mobilization of domestic resources, international investment flows, official
development assistance, external debt relief and an open, equitable, rule-based,
predictable and non-discriminatory global trading system,
Reiterating that success in meeting the objectives of development and poverty
eradication depends on good governance within each country and at the
international level, and stressing that sound economic policies, solid democratic
institutions responsive to the needs of the people and improved infrastructure are the
basis for sustained economic growth, poverty eradication and employment creation,
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1
See resolution 55/2.
Report of the International Conference on Financing for Development, Monterrey, Mexico, 18-22 March
2002 (United Nations publication, Sales No. E.02.II.A.7), chap. I, resolution 1, annex.
3
Report of the World Summit on Sustainable Development, Johannesburg, South Africa,
26 August-4 September 2002 (United Nations publication, Sales No. E.03.II.A.1 and corrigendum), chap. I,
resolution 2, annex.
2
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