UN General Assembly
1988

While recognizing the outstanding role the United Nations is playing in bringing about solutions to international problems, it is impossible for this Organization to continue its efforts at the same level with its existing financial situation. Consequently it behoves Member States to contribute to its support on a reliable and permanent basis, we say this even though it is most apparent that many countries are experiencing severe financial difficulties. Well we know that the international community has to harness itself to tackle the difficulties posed by debt, by trade and commodity problems and by human resources development. The debt crisis can, however, be properly addressed only if debtor and creditor countries fully realize that our mutual interest lies in breaking the deadlock. We call for an environment that gives impetus to progress within developing countries and for a more vigorous and healthy growth in international trade.