UN General Assembly
2001

more sustained fashion in order to bring about a more equitable distribution of growth and economic prosperity. The developing countries, for their part, 28 must put their house in order by adopting sound economic policies. The issue of financing for development is particularly relevant and vitally important in solving the problems of development faced by many countries. The International Conference on Financing for Development, in Mexico early next year, will provide the opportunity for us to achieve international consensus on issues pertaining to financing for development in all its aspects. We thank the Government of Mexico for its willingness to host that important Conference and look forward to participating constructively in Monterrey. We hope that the Conference will be able to address the core problems relating to financing for development, including other systemic issues such as the reform of the international financial architecture, on which, in spite of a general recognition of the need for reform, there has been no progress thus far. As an innovative source of financing for development, the Conference in Monterrey could also