A/RES/49/98 Page 2 Taking note of the Declaration adopted at the Ministerial Meeting of the Least Developed Countries, 2/ held at United Nations Headquarters on 4 October 1994, in pursuance of the decision taken at the Ministerial Meeting held at Dhaka in February 1990, Recalling further that the prime objective of the Programme of Action is to arrest the further deterioration in the socio-economic situation of the least developed countries, to reactivate and accelerate their growth and development and to set them on the path of sustained economic growth and sustainable development, Expressing serious concern about the continued deterioration of the economic and social situation of the least developed countries as a whole, Also expressing concern about the limited progress achieved so far in the implementation of the Programme of Action, Recognizing that the mid-term global review of the implementation of the Programme of Action is of particular significance as it will provide an opportunity to the international community to set out new and corrective policies and measures, including strengthened external support to the least developed countries in all areas, to support their efforts so as to ensure the timely, effective and full implementation of the Programme of Action during the remainder of the decade, Stressing the importance of timely and adequate preparations for the mid-term global review of the implementation of the Programme of Action, Also stressing that adequate resources should be provided to ensure the full and effective participation of the least developed countries in the Highlevel Intergovernmental Meeting on the Mid-term Global Review of the Implementation of the Programme of Action for the Least Developed Countries for the 1990s, Recalling decision 412 (XL) of 29 April 1994 of the Trade and Development Board on the High-level Intergovernmental Meeting on the Mid-term Global Review of the Implementation of the Programme of Action, 3/ Taking note of agreed conclusions 413 (XL) of 29 April 1994 of the Trade and Development Board on the review of progress in the implementation of the Programme of Action for the Least Developed Countries for the 1990s, 3/ which were underpinned, inter alia, by The Least Developed Countries 1993-1994 Report, 4/ 1. Reaffirms the commitment of the international community to the Paris Declaration and the Programme of Action for the Least Developed Countries for the 1990s, and calls upon all Governments, international 2/ A/49/506, annex. 3/ See Official Records of the General Assembly, Forty-ninth Session, Supplement No. 15 (A/49/15), vol. I, chap. I, sect. A. 4/ United Nations publication, Sales No. E.94.II.D.4. /...