UN General Assembly
1956

75. In emphasizing the importance of external aid we are not unaware — indeed it has always been a cardinal principle of our economic and social policies — that the initiative must always come from within, and that the desire to develop must be matched by a will to do so and a ready willingness to save and sacrifice some immediate interests and benefits in order to increase the productive capacity of the country, which is an essential basis for raising the standards of living. 76. External help, if given on a multilateral basis, will help to dispel some of the apprehensions of small Powers that it has its price. It is for this reason that we welcome the establishment of the Special United Nations Fund for Economic Development to supplement the efforts of the International Bank for Reconstruction and Development, the International Monetary Fund, and the International Finance Corporation.