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Economic and Financial

Second Committee

The Economic and Financial Committee (Second Committee), is chaired by H.E. Mr. George Wilfred Talbot of Guyana. During this session, it will deal with issues relating to economic growth and development such as macroeconomic policy questions (including international trade, international financial system, and external debt sustainability), financing for development, sustainable development, human settlements, poverty eradication, globalization and interdependence, operational activities for development, and information and communication technologies for development.

The Second Committee will also consider issues relating to Groups of Countries in special situations - such as the Least Developed Countries (LDCs) and Landlocked Developing Countries (LLDCs). It will also consider the item on permanent sovereignty of the Palestinian people in the Occupied Palestinian Territory, including East Jerusalem, and of the Arab population in the occupied Syrian Golan over their natural resources.

At the sixty-sixth session, the Second Committee took action on 43 draft proposals. The Committee is expected to act on a similar number of proposals during this year’s session.

In accordance with the on-going process of revitalization of the General Assembly, the Second Committee is engaged in updating its working methods and practices in order to improve the quality of debates and the impact of their deliberations and decisions, as well as to further streamline the Committee’s agenda and programme of work, biennialize agenda items, cluster the consideration of agenda items thematically, hold interactive “question time” sessions with secretariat officials after the presentation of substantive reports, and actively work to reduce the number and length of draft resolutions adopted during its sessions.

In line with General Assembly resolution 66/246, the formal meetings of the Second Committee will be webcast live at the UN Web TV website.  Past meetings of the session will also be available from the video archives.

As in previous sessions, the Committee will hold a dialogue with the Executive Secretaries of the Regional Commissions as well as schedule a number of side events as part of its programme of work.

 

[1 October 2012 ]