United Nations A/RES/55/186 General Assembly Distr.: General 25 January 2001 Fifty-fifth session Agenda item 92 (e) Resolution adopted by the General Assembly [on the report of the Second Committee (A/55/579/Add.5)] 55/186. Towards a strengthened and stable international financial architecture responsive to the priorities of growth and development, especially in developing countries, and to the promotion of economic and social equity The General Assembly, Recalling its resolution 54/197 of 22 December 1999, entitled “Towards a stable international financial system, responsive to the challenges of development, especially in the developing countries”, Recalling also the United Nations Millennium Declaration adopted by the heads of State and Government on 8 September 2000, 1 Taking note of the high-level regional meetings on financing for development held at Jakarta from 2 to 5 August 2000, Bogotá on 9 and 10 November 2000, Addis Ababa from 15 to 22 November 2000, Beirut on 23 and 24 November 2000 and Geneva on 6 and 7 December 2000, which addressed issues of, inter alia, domestic resources mobilization, external private flows, reform of the international financial architecture, regional cooperation and collaboration, innovative sources of financing and issues relating to the external sector, including official development assistance and trade, from the regional perspective, in order to contribute to the preparatory process for the high-level international intergovernmental event on financing for development, Emphasizing the importance of mobilizing in a coherent manner all sources available for the provision of financing for development, inter alia, domestic resources, international private capital flows, official development assistance, market access for goods and services from developing countries and external debt relief, and emphasizing also the importance of utilizing those resources in an efficient way, Expressing concern that net financial flows to developing countries continued in 1999 the contraction that had begun with the onset of the financial crisis in 1997, 1 00 57049 See resolution 55/2.