A/RES/49/94 Page 4 6. Calls upon the donor countries and multilateral financial institutions, within their prerogatives, to consider appropriate new measures for substantially alleviating the debt burden of low-income countries, taking into account the specific situation of each country; 7. Encourages private creditors and, in particular, commercial banks to continue their initiatives and efforts to address the commercial debt problems of the least developed countries and of low- and middle-income developing countries; 8. Notes with concern the continuing existence of the debt and debtservice obligations of middle-income countries, including, in particular, those in Africa, and invites creditors, including multilateral financial institutions and commercial banks, to continue to address these obligations effectively; 9. Stresses the need, in addition to debt-relief measures that include debt and debt-service reduction, for new financial flows to debtor developing countries, and urges the creditor countries and multilateral financial institutions to continue to extend concessional financial assistance, particularly to the least developed countries, in order to support the implementation of economic reforms, stabilization and structural adjustment programmes and the eradication of poverty by the developing countries so as to enable them to extricate themselves from the debt overhang and to assist them in achieving sustained economic growth and sustainable development; 10. Also stresses the urgent need to continue to provide social safety nets to vulnerable groups most adversely affected by the implementation of economic reform programmes in the debtor countries, in particular low-income groups; 11. Notes the high proportion of multilateral debt of a number of developing countries, and invites the international financial institutions to examine proposals to tackle the problems of those countries with regard to multilateral debt, taking into account the specific situation of each country, while preserving the preferred creditor status of the multilateral financial institutions, in order to ensure that they can continue to provide concessional financing to those developing countries to assist their development; 12. Urges the international community to consider wider application of innovative measures, such as debt-for-equity and debt-for-nature swaps, without prejudice to more durable solutions such as debt reduction and/or cancellation; 13. Invites the international community, including the international financial institutions, to continue to explore ways of implementing additional and innovative measures to alleviate substantially the debt burdens of developing countries, in particular of the highly indebted low-income countries, in order to help them to achieve sustained economic growth and sustainable development without falling into a new debt crisis; 14. Calls upon the international community, including the relevant international institutions, to build upon the momentum gained from various recent meetings that addressed debt issues and to address the debt problems of /...