UN General Assembly
1958

45. In this connexion we cannot delay much longer the help that they need and it is up to us in the United Nations to do everything possible to help. The underdeveloped countries have many handicaps, but the most important of them Is the lack of adequate technical skill and financial resources. A great deal has already been done through the United Nations technical assistance scheme, the Colombo Plan and the technical aid programmes of the United States, the USSR and other countries. Regarding the former — that is, technical skill — grants and loans by many countries under bilateral arrangements, loans by the International Bank for Reconstruction and Development and the limited financial resources of under-developed countries themselves have been of some help, but the sum total of all these efforts has been far below the need. Some good has been done, but a great deal more remains to be done.