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PRESIDENT of the 64th Session
United Nations General Assembly

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Ad Hoc Open-ended Working Group of the General Assembly to Follow up on the Issues Contained in the Outcome of the Conference on the World Financial and Economic Crisis and Its Impact on Development

The Conference on the Financial and Economic Crisis and its Impact on Development of June 2009 established an Ad Hoc Open-ended Working Group to follow up on the Outcome from the Conference. After extensive consultations with Member States, the facilitators of this Working Group, the Permanent Representatives of Norway and Zambia are organising a series of six meetings this spring.

The first three of these meetings will focus on the evolution of the impact on development of the financial and economic crisis and the policy response following the June Conference last year. These meetings will address key challenges in mitigating the effects of the crisis on development.

The subsequent three meetings will focus on monitoring and regulation, reform of the international financial architecture and strengthening the role of the United Nations in global economic governance. Each meeting will be based on paragraphs from the Outcome Document of the Conference last June.

Panelists will be invited to provide expert input at these meetings. Following these expert presentations, forward looking and action oriented deliberations between Member States will be encouraged.

These proceedings will provide the basis for the preparation of the progress report as required in General Assembly Resolution - A/RES/63/305.

Upcoming Meetings

  • 30 April 2010, 15:00-18:00 - New lending facilities of international financial institutions, concessionary finance, conditionalities, reserve system, fiscal space, countercyclical policies
  • 3 May 2010, 15:00-18:00 - Improved monitoring and regulation of financial markets and institutions
  • 26 May 2010 - Reform of the international financial system, including voice and participation of developing countries in the Bretton Woods institutions.
  • 2 June 2010 - Strengthening the role of the UN in global economic governance
  • 28 July 2010 -