A/RES/53/198
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15. Emphasizes the importance of increasing the control of the poor over resources, including land,
skills, knowledge, capital and social connections;
16. Emphasizes also the role of microcredit as an important anti-poverty tool that promotes the
generation of productive self-employment and empowers people living in poverty, especially women, and
therefore encourages Governments to adopt policies that support the development of microcredit
institutions and their capacities, and calls upon the international community, in particular the relevant
organs, organizations and bodies of the United Nations system and international and regional financial
institutions involved in the eradication of poverty, to support and to explore the incorporation of the
microcredit approach in their programmes and the further development, as appropriate, of other
microfinance instruments;
17. Welcomes the initiative taken by the Economic and Social Council to strengthen coordination
for an integrated implementation of the outcome of the major United Nations conferences and summit
conferences in the 1990s, where the eradication of poverty had been a cross-cutting theme;
18. Notes with appreciation the efforts made within the United Nations system to enhance interagency coordination among relevant organizations, funds and programmes and the Bretton Woods
institutions for the integrated follow-up to the United Nations major conferences and summit conferences,
including the adoption by the Administrative Committee on Coordination of the statement of commitment
for action to eradicate poverty,3 and encourages those agencies to take more effective action in support
of Member States in their efforts to achieve the objectives of the Decade;
19. Reiterates its call to all donors to give high priority to the eradication of poverty in their
development assistance programmes, on both a bilateral and a multilateral basis, and invites the relevant
funds, programmes and agencies of the United Nations system to support developing countries, in
particular African countries and the least developed countries, in their efforts to achieve the overall goal
of eradicating absolute poverty, to reduce substantially overall poverty and to ensure basic social services,
by supporting national efforts to formulate, coordinate, implement, monitor and assess integrated poverty
strategies, including capacity-building, and by supporting efforts to empower people living in poverty;
20. Notes with appreciation all initiatives aimed at or contributing to the eradication of poverty that
have been undertaken by countries and international organizations, and encourages continuous action and
further cooperation among the various initiatives;
21. Reaffirms the importance of agreeing on a mutual commitment between interested developed and
developing country partners to allocate, on average, 20 per cent of official development assistance and 20
per cent of the national budget, respectively, to basic social programmes, and welcomes the efforts made
to implement the 20/20 initiative, which emphasizes that promoting access for all to basic social services
is essential for sustainable and equitable development and is an integral part of the strategy for the
eradication of poverty;4
3
See TD/B/EX(18)/INF.1.
4
See Report of the World Summit for Social Development, Copenhagen, 6–12 March 1995 (United
Nations publication, Sales No. E.96.IV.8), chap. I.
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