A/RES/62/186. Resolution of the United Nations General Assembly, 2007

• Year: 2007
• Resolution Number: A/RES/62/186
• Session: 62nd
• Issuer: General Assembly of the United Nation

United Nations A/RES/62/186

General Assembly Distr.: General

31 January 2008

Sixty-second session

Agenda item 52 (c)

07-47493

Resolution adopted by the General Assembly on 19 December 2007

[on the report of the Second Committee (A/62/417/Add.3)]

62/186. External debt and development: towards a durable

solution to the debt problems of developing countries

The General Assembly

,

Recalling

its resolutions 58/203 of 23 December 2003, 59/223 of 22 December

2004, 60/187 of 22 December 2005 and 61/188 of 20 December 2006 on external

debt crisis and development,

Recalling also

the International Conference on Financing for Development and

its outcome,

0F

1

which recognizes sustainable debt financing as an important element

for mobilizing resources for public and private investment,

Recalling further

the United Nations Millennium Declaration adopted on

8 September 2000,

1F

2

Recalling

the 2005 World Summit Outcome,

2F

3

Recalling also

its resolution 60/265 of 30 June 2006 on follow-up to the

development outcome of the 2005 World Summit, including the Millennium

Development Goals and other internationally agreed development goals,

Recalling further

its resolution 57/270 B of 23 June 2003,

Reaffirming

that each country must take primary responsibility for its own

development and that the role of national policies and development strategies,

including in the area of debt management, cannot be overemphasized in the

achievement of sustainable development, and recognizing that national efforts

should be complemented by supportive global programmes, measures and policies

aimed at expanding the development opportunities of developing countries, while

taking into account national conditions and ensuring respect for national ownership,

strategies and sovereignty,

Emphasizing

that debt sustainability is essential for underpinning growth, and

underlining the importance of debt sustainability and effective debt management to

_______________

1 Report of the International Conference on Financing for Development, Monterrey, Mexico, 18-22 March

2002 (United Nations publication, Sales No. E.02.II.A.7), chap. I, resolution 1, annex.

2 See resolution 55/2.

3 See resolution 60/1.