A/RES/53/175 Page 7 and multilateral financial institutions to continue to extend concessional financial assistance, particularly to the least developed countries, in order to support the implementation of economic reforms and stabilization and structural adjustment programmes by the developing countries that will enable them to extricate themselves from the debt overhang and attract new investment and to assist them in achieving sustained economic growth and sustainable development, in accordance with the relevant General Assembly resolutions and recent United Nations conferences, and the eradication of poverty; 33. Also stresses the importance of providing adequate resources for debt relief in the light of the adverse effects of the current international financial crisis on the mobilization of both domestic and external resources for the development of the least developed countries and Africa, and welcomes unilateral debt relief measures from creditor countries on top of the multilaterally agreed debt relief under the Heavily Indebted Poor Countries Debt Initiative, bearing in mind that such unilateral actions strengthen the impact of the Initiative as a credible exit solution; 34. Further stresses the need to strengthen the institutional capacity of developing countries in debt management, and calls upon the international community to support their efforts towards that end; 35. Calls upon the international community, including the United Nations system, and invites the Bretton Woods institutions, as well as 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 organized since the beginning of the 1990s on development related to the question of the external debt problem of developing countries; 36. Notes the various proposals contained in the Trade and Development Report, 1998,7 concerning the issue of the external debt of African countries, and requests the Secretary-General to report pertinent developments relating thereto to the General Assembly at its fifty-fourth session; 37. Requests the Secretary-General to report to the General Assembly at its fifty-fourth session on the implementation of the present resolution. 91st plenary meeting 15 December 1998 7 United Nations publication, Sales No. E.98.II.D.6.