External debt sustainability and development A/RES/73/221 monitor the uptake of the clauses and explore options for resolving the issue w ith the outstanding stock of debt without such clauses; 27. Recalls that the United Nations, as a universal intergovernmental body, has provided a platform for both creditors and debtors to discuss ways to improve external debt sustainability, requests the annual Economic and Social Council forum on financing for development follow-up to organize a substantive expert debate among the major institutional stakeholders on how to improve debt sustainability and debt restructuring, and in this regard invites co ntinued ongoing cooperation among the international financial institutions, including the Bretton Woods institutions, in particular the International Monetary Fund, relevant United Nations system entities, including the United Nations Conference on Trade and Development, and other relevant forums, in accordance with their respective mandates, pursuant to the relevant resolutions on this matter; 28. Also recalls the establishment of the Intergovernmental Group of Experts on Financing for Development of the United Nations Conference on Trade and Development, notes its meeting held in Geneva in November 2018, at which the issue of debt sustainability was an item for deliberation, and recalls the request that the work of the Intergovernmental Group of Experts be presented as a regular input to the forum on financing for development follow-up; 29. Reiterates the invitation to the President of the General Assembly and the Secretary-General to give appropriate consideration to the central role of maintaining and facilitating the financial and macroeconomic stability of developing countries, including debt sustainability, and of supporting an appropriately enabling domestic and international economic, financial and regulatory environment for the means of implementation of the 2030 Agenda for Sustainable Development, and in this regard invites all major institutional stakeholders, including the International Monetary Fund, the World Bank and the United Nations Conference on Trade and Development, to support these efforts, in accordance with their respective mandates; 30. Invites donor countries, taking into account country-specific debt sustainability analyses, to continue their provision of concessional and grant -based financing to developing countries, which could contribute to debt sustainability in the medium to long term, and notes the provision by the International Monetary Fund of interest relief to eligible developing countries in the form of zero -interest loans; 31. Invites the international community to continue efforts to increase support, including financial and technical assistance, for institutional capacity-building in developing countries to enhance sustainable upstream and downstream debt management as an integral part of national development strategies, including by promoting transparent and accountable debt management systems and negotiation and renegotiation capacities and through supporting legal advice in relation to tackling external debt litigation and debt data reconciliation between credito rs and debtors so that debt sustainability may be achieved and maintained; 32. Requests the United Nations Conference on Trade and Development, and invites the International Monetary Fund and the World Bank, in cooperation with the regional commissions, regional development banks and other relevant multilateral financial institutions and stakeholders, to continue and intensify cooperation in respect of activities relating to capacity-building and to early warning monitoring systems in developing countries in the area of debt management and debt sustainability, with a view to contributing to the implementation of the 2030 Agenda for Sustainable Development; 33. Calls upon all Member States and the United Nations system to take appropriate measures and actions for the implementation of the commitments, 18-22542 7/8

Select target paragraph3