A/RES/67/198
External debt sustainability and development
building in developing countries to enhance sustainable debt management as an
integral part of national development strategies, including by promoting transparent
and accountable debt management systems and negotiation and renegotiation
capacities and through supporting legal advice in relation to tackling external debt
litigation and debt data reconciliation between creditors and debtors so that debt
sustainability may be achieved and maintained;
33. Invites the United Nations Conference on Trade and Development, the
International Monetary Fund and the World Bank, in cooperation with the regional
commissions, regional development banks and other relevant multilateral financial
institutions and stakeholders, to continue and intensify cooperation in respect of
capacity-building activities in developing countries in the area of debt management
and debt sustainability;
34. Encourages further improvement of the mutual exchange of information,
on a voluntary basis, on borrowing and lending among all creditors and borrowers;
35. Acknowledges that timely and comprehensive data on the level and
composition of debt are a condition necessary for, inter alia, building early warning
systems aimed at limiting the impact of debt crises, calls for debtor and creditor
countries to intensify their efforts to collect data, and calls for donors to consider
increasing their support for technical cooperation programmes aimed at increasing
the statistical capacity of developing countries in that regard;
36. Calls upon all Member States and the United Nations system, and invites
the Bretton Woods institutions and the private sector, to take appropriate measures
and actions for the implementation of the commitments, agreements and decisions
of the major United Nations conferences and summits, in particular those related to
the question of the external debt sustainability of developing countries;
37. Requests the Secretary-General to submit to the General Assembly at its
sixty-eighth session a report on the implementation of the present resolution and to
include in the report a comprehensive and substantive analysis of the external debt
situation of developing countries and, as an annex, the summary of the one-day
meeting organized by the Economic and Social Council;
38. Decides to include in the provisional agenda of its sixty-eighth session,
under the item entitled “Macroeconomic policy questions”, the sub-item entitled
“External debt sustainability and development”.
61st plenary meeting
21 December 2012
8/8