A/RES/48/214 Page 4 implementation of structural adjustment policies in Africa, to pay special attention to eradicating poverty and addressing the social impact of these policies, while focusing on public investment, fiscal reform, reform of public enterprises, export expansion and efficient public administration; 9. Invites the preparatory bodies of all forthcoming conferences of the United Nations system to take into account the specific needs, requirements and priorities of the African countries, as outlined in the New Agenda; 10. Invites the Secretary-General to strengthen the capacity and capability of the Secretariat to raise international awareness of the urgent international and African actions needed to overcome the economic crisis in Africa, and to reinforce the capabilities of the Office of the Special Coordinator for Africa and the least developed countries to follow up, monitor and evaluate implementation of the New Agenda and, in the process, provide an effective framework for the Economic and Social Council to consider the implementation of the New Agenda in 1995 as part of its high-level segment, as well as for the General Assembly to conduct a mid-term review of the implementation of the New Agenda in 1996, in accordance with paragraph 43 (b and c) thereof; 11. Calls upon the Secretary-General of the United Nations to work in close coordination and cooperation with the Secretary-General of the Organization of African Unity, in particular, on the follow-up to and review and evaluation of the implementation of the New Agenda; 12. Welcomes the report prepared by the Food and Agriculture Organization of the United Nations and transmitted by the Secretary-General entitled "Need for and feasibility of the establishment of a diversification fund for Africa’s commodities"; 5/ 13. Affirms the need for further efforts to promote the diversification of African economies; 14. Stresses the importance that the Secretary-General, Africa and an increasing number of countries attach to the necessity of the proposed establishment and operationalization of a diversification fund for Africa’s commodities; 15. Stresses also the need, in developing diversification projects and programmes, to make full and effective use of existing funding mechanisms; 16. Stresses further the need to fill gaps that may exist in the funding available for diversification of related activities in Africa; 17. Decides to address rigorously the full range of issues related to the diversification of African economies, with particular attention to the issues outlined in paragraphs 14, 15 and 16 of the present resolution, and for this purpose to convene in the first quarter of 1994, on the basis of background documents to be prepared by the Secretary-General, intensive consultations involving concerned and interested States, together with relevant financial institutions and United Nations organizations, including, inter alia, the African Development Bank, the World Bank, the United Nations Conference on Trade and Development, the Economic Commission for Africa, the /...

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