UN General Assembly
1977

188. The year 1976 was a critical one for both UNDP and its partners in the sense that, apart from being the last year of the first programming cycle, it was also the year in which UNDP, as the financing agency of the United Nations on a broad range of developmental activities, was beset with severe financial and administrative problems. There were some extremely difficult decisions which the Administrator had to make to restore confidence in this regard, and he took the necessary steps with dispatch, courage and farsightedness. Therefore, my delegation wishes to express its appreciation to him and to his colleagues in UNDP for the useful efforts they have so far made to overcome the difficulties facing them and to put UNDP once again on the right track.