A/RES/55/186 23. Emphasizes the important supportive role that stronger regional and subregional financial institutions and arrangements can play in the reform of the international financial system and the enhancement of financing for development; 24. Encourages the deepening of the dialogue between the Economic and Social Council and the Bretton Woods institutions, and in this regard recommends that at their next high-level meeting they consider the modalities needed to consolidate further a broader global agenda for a strengthened and stable international financial system that is responsive to the priorities of growth and development, in particular of developing countries, and to the promotion of economic and social equity in the global economy; 25. Requests the Secretary-General to make the present resolution available to the Preparatory Committee for the High-level International Intergovernmental Event on Financing for Development, at its second substantive session, as an input for its work on the systemic issues contained in its preliminary substantive agenda; 26. Also requests the Secretary-General, in close cooperation with all relevant entities of the United Nations, including the United Nations Conference on Trade and Development and the regional commissions, within their respective mandates, and in consultation with the Bretton Woods institutions, and taking into account the progress made at the high-level international intergovernmental event on financing for development, to report to the General Assembly at its fifty-sixth session on the implementation of the present resolution under a sub-item entitled “International financial system and development”, with an analysis of the current trend in global financial flows, including net transfer of resources between developed and developing countries, and recommendations to consolidate further a broader global agenda for a strengthened and stable international financial system that is responsive to the priorities of growth and development, in particular of developing countries, and to the promotion of economic and social equity in the global economy; 27. Requests the President of the General Assembly to present this resolution to the Board of Executive Directors of the World Bank and the Executive Board of the International Monetary Fund, before their joint annual spring meeting, in order to bring it to their attention as an input to their discussions on the matters addressed herein. 87th plenary meeting 20 December 2000 6

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