A/RES/49/94 Page 5 developing countries, particularly those of the least developed countries, in the elaboration of an agenda for development in order to further promote effective, equitable and durable solutions to these problems; 15. Invites creditor countries, private banks and multilateral financial institutions, within their prerogatives, to consider the extension of appropriate new financial support to the low-income countries with substantial debt burdens that continue, at great cost, to service the debt and meet their international obligations; 16. Recognizes the need to assist developing countries to mobilize the resources needed for their development efforts, and recognizes also that debt relief could contribute towards releasing domestic resources and to sustaining their development efforts, in particular their social development efforts; 17. Requests the Secretary-General to report to the General Assembly at its fiftieth session on the implementation of the present resolution. 92nd plenary meeting 19 December 1994