A/HRC/RES/25/16
Emphasizing that the World Conference on Human Rights agreed to call upon the
international community to make all efforts to help to alleviate the external debt burden of
developing countries in order to supplement the efforts of the Governments of such
countries to attain the full realization of the economic, social and cultural rights of their
people,
Stressing the determination expressed in the United Nations Millennium Declaration
to deal comprehensively and effectively with the debt problems of low- and middle-income
developing countries through various national and international measures designed to make
their debt sustainable in the long term,
Mindful of the role, mandate and activities of other United Nations agencies, funds
and programmes in dealing with the issues of foreign debt and international financial
obligations,
Acknowledging that there is greater acceptance that the increasing debt burden faced
by the most indebted developing countries, in particular the least developed countries, is
unsustainable and constitutes one of the principal obstacles to achieving progress in peoplecentred sustainable development and poverty eradication and that, for many developing
countries and countries with economies in transition, excessive debt servicing has severely
constrained their capacity to promote social development and provide basic services to
create the conditions for the realization of economic, social and cultural rights,
Expressing its concern that, despite repeated rescheduling of debt, developing
countries continue to pay out more each year than the actual amount they receive in official
development assistance,
Affirming that debt burden further complicates the numerous problems facing
developing countries, contributes to extreme poverty and is an obstacle to sustainable
human development, and is thus a serious impediment to the realization of all human rights,
1.
Recalls that every State has the primary responsibility to promote the
economic, social and cultural development of its people and, to that end, has the right and
responsibility to choose its means and goals of development and should not be subject to
external specific prescriptions for economic policy;
2.
Recognizes that structural adjustment reform programmes and policy
conditionalities limit public expenditure, impose fixed expenditure ceilings and give
inadequate attention to the provision of social services, and that only a few countries
manage to achieve sustainable higher growth under these programmes;
3.
Also recognizes that debt relief can play a key role in liberating resources that
should be directed towards activities consistent with attaining sustainable growth and
development, including poverty reduction and the achievement of development goals,
including those set out in the United Nations Millennium Declaration, and therefore that
debt relief measures, where appropriate, should be pursued vigorously and expeditiously,
ensuring that they do not replace alternative sources of financing and that they are
accompanied by an increase in official development assistance;
4.
Recalls once again the call on industrialized countries, as expressed in the
Millennium Declaration, to implement the enhanced programme of debt relief for heavily
indebted poor countries without further delay and to agree to cancel all official bilateral
debts of those countries in return for their making demonstrable commitments to poverty
reduction;
5.
Urges the international community, including the United Nations system, the
Bretton Woods institutions and the private sector, to take appropriate measures and actions
for the implementation of the pledges, commitments, agreements and decisions of major
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