UN General Assembly
1978

210. Finally, should we not endeavour to improve the quality of development aid? Should not one endeavour also to diminish the percentage of the management and operating costs of projects assigned to multilateral bodies and rectify a situation in which 30 to 45 per cent of the funds they manage do- not reach the developing countries? 211. Belgium welcomes the fact that the UNCTAD Trade and Development.. Board has reached agreement on the agenda of the fifth session which will take place in Manila in May 1979. That agenda is ambitious and covers all our concerns. At that session we could take into account the considerations I have just expressed. So far as we are concerned, we will go there conscious of the convergence of our long-term interests in an interdependent world. 212. The North-South dialogue is the concern of all countries. Since our interests are common we must all make efforts Jo create a just economic order. Belgium does not intend to side-step that obligation.