A/HRC/RES/58/12
6.
Calls for reform of the international financial architecture as an important step
to address the debt problem and debt sustainability and to mobilize additional financing for
sustainable development, particularly in developing countries, reducing inequalities and
allowing States to prioritize the mobilization and allocation of resources for the
implementation of economic, social and cultural rights;
7.
Stresses that the economic programmes arising from foreign debt relief and
cancellation must not reproduce past structural adjustment policies that have produced a
negative impact on the realization of human rights, including the right to development, such
as dogmatic demands for privatization and reduced public services;
8.
Urges States, international financial institutions and the private sector to take
urgent measures to alleviate the debt problem and to address the debt sustainability of
developing countries, so that more financial resources may be released and used for health,
education, sanitation, public services, social protection and the realization of other economic
and social rights in the countries affected;
9.
Reiterates its view that, in order to find a durable solution to the debt problem
and for the consideration of any new debt resolution mechanism, there is a need for a broad
political dialogue between creditor and debtor countries and multilateral financial
institutions, within the United Nations system, based on the principle of shared interests and
responsibilities, as well as the political willingness of all relevant parties;
10.
Requests the United Nations High Commissioner for Human Rights to pay
more attention to the problem of the debt burden of developing countries, in particular of
least developed countries, and especially the social and human rights-related impact of the
measures arising from foreign debt, and to provide global analytical and policy strategies in
the context of reforms of the international financial architecture;
11.
Encourages the Independent Expert to cooperate, in accordance with her
mandate, with the Committee on Economic, Social and Cultural Rights, the special
procedures of the Human Rights Council and the Advisory Committee of the Council on
issues relating to economic, social and cultural rights and the right to development in her
work;
12.
Requests the Independent Expert to continue to report regularly to the Human
Rights Council and the General Assembly in accordance with their programmes of work;
13.
Requests the Secretary-General to provide the Independent Expert with all
necessary assistance, in particular all the staff and resources required to carry out her
functions;
14.
Urges Governments, international organizations, international financial
institutions, non-governmental organizations and the private sector to cooperate fully with
the Independent Expert in the discharge of the mandate;
15.
Decides to continue its consideration of this matter under the same agenda item
in accordance with its programme of work.
56th meeting
3 April 2025
[Adopted by a recorded vote of 29 to 12, with 6 abstentions. The voting was as follows:
In favour:
Algeria, Bangladesh, Benin, Bolivia (Plurinational State of), Brazil, Burundi,
Chile, China, Colombia, Costa Rica, Côte d’Ivoire, Cuba, Democratic
Republic of the Congo, Dominican Republic, Ethiopia, Gambia, Ghana,
Indonesia, Kenya, Kuwait, Kyrgyzstan, Malawi, Maldives, Marshall Islands,
Qatar, South Africa, Sudan, Thailand, Viet Nam
Against:
Albania, Bulgaria, Czechia, France, Germany, Japan, Morocco, Netherlands
(Kingdom of the), North Macedonia, Republic of Korea, Romania,
Switzerland
4