A/RES/55/177 Having considered the report of the Secretary-General on the work of the Mission, 7 1. Welcomes the tenth 2 and eleventh 3 reports of the United Nations Verification Mission in Guatemala on human rights; 2. Also welcomes the fourth 4 and fifth5 reports of the Secretary-General on the verification of compliance with the peace agreements; 3. Recalls the report of the Commission for Historical Clarification and the recommendations contained therein;6 4. Welcomes the commitment made by the new Government of Guatemala in January 2000 to the implementation of the peace agreements and to reinvigorating the peace process through the adoption of social policies anchored to the agreements; 5. Takes note of the agreement reached by the parties regarding the importance of the continuing presence of the Mission in Guatemala until 2003; 6. Also takes note of the recommendations contained in the report of the Secretary-General 7 which are aimed at ensuring that the Mission can respond adequately to the demands of the peace process until 31 December 2001, as well as of his proposals relating to the changes in the structure and staffing of the Mission for the period 2001–2003; 7. Notes with satisfaction the progress made in the implementation of the peace agreements, in particular the process towards the finalization of the Fiscal Pact for a Future with Peace and Development which establishes the basis for increased public spending on the peace agenda and paves the way for the modernization of the economic system, the reinforcement of the operational capacities and training of the National Civil Police and the establishment by decree of the Women’s Secretariat; 8. Welcomes the rescheduling of pending commitments by the Commission to Follow Up the Implementation of the Peace Agreements and the inclusion of commitments not initially scheduled in a revised calendar for implementation, and urges the rapid approval of the new timetable; 9. Notes that the consolidation of the peace-building process remains a significant challenge that requires the strengthening of achievements to date and the completion of the outstanding agenda; 10. Underlines with concern that key reforms envisaged in the peace agreements remain outstanding, including the fiscal, judicial, military, electoral and land reforms, as well as decentralization and rural development, and therefore urges the finalization of the Fiscal Pact, notes the need to strengthen the institutions established under the agreements, and stresses the importance of continued compliance with the peace agreements; 11. Notes that the present Government has assigned priority to national and international human rights obligations; 12. Encourages the Government to implement the recommendations contained in the reports of the Mission on human rights, in particular in view of the 7 2 A/55/389.