A/RES/55/184 resources freed through debt relief, in particular through debt cancellation and reduction, towards these objectives; 22. Notes that debt relief alone will not lead to poverty reduction and economic growth, and, in this regard, emphasizes the need for an enabling environment, including sound economic management as well as an efficient, transparent and accountable public service and administration, and stresses the need to mobilize financial resources from all sources, in addition to debt-relief measures and continued concessional financial assistance, in particular to the least developed countries, in order to support their efforts for achieving economic growth and sustainable development; 23. Underlines the absolute importance of implementing the resolve expressed in the United Nations Millennium Declaration to create an environment, at the national and global levels alike, that is conducive to development and to the elimination of poverty, inter alia, through good governance within each country as well as good governance at the international level and transparency in the financial, monetary and trading systems; 24. Stresses the need to strengthen the institutional capacity of developing countries in debt management, calls upon the international community to support the efforts made towards this end, and, in this regard, stresses the importance of initiatives such as the Debt Management and Financial Analysis System 3 and the debt-management capacity-building programme; 25. Notes the importance of providing adequate resources for debt-relief measures in the light of the difficulties that many developing countries, especially those in Africa and the least developed countries, are facing with respect to mobilizing both domestic and external resources for their development, and, in accordance with the United Nations Millennium Declaration, calls for special measures to address the challenges of poverty eradication and sustainable development in Africa, including debt cancellation; 26. Stresses the importance for developing countries to continue their efforts to promote a favourable environment for attracting foreign investment, thereby promoting economic growth and sustainable development, so as to favour their exit from debt and debt-servicing problems, and also stresses the need for the international community to promote a conducive external environment through, inter alia, improved market access, efforts aimed at the stabilization of exchange rates and the effective stewardship of interest rates, increased resource flows, access to international financial markets, flow of financial resources and improved access to technology for developing countries; 27. 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 on development organized since the beginning of the 1990s, as well as of the results of 3 The Debt Management and Financial Analysis System is a computerized system developed by the United Nations Conference on Trade and Development to assist developing countries and countries with economies in transition in developing appropriate administrative, institutional and legal structures for effective foreign and domestic public debt management. By June 1999, the system had been installed in the debt offices of fifty countries in Africa, Asia, Europe and Latin America and the Caribbean. 6

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