Reaffirms its resolution 1527 (XV) of IS-Decem- 1. ber 1960, particularly paragraphs 3 and 4 thereof;
2
Urgesthe establishment, within the Economic Commission for Africa, of a programming institution to complement the work of the Economic Projections and Programming Centre envisaged under General Assembly resolution 1708 (XVI) of 19 December 1961;
3
Requeststhe Secretary-General:
a
To lend. his full support to the establishment, under the auspices of the Economic Commission for Africa and, at the request of the Governments concerned, with the assistance of the Special Fund, of an African institute of economic development and planning- which will provide advisory services and train qualified personnel in the field of economic develop-
ment, especially in the techniques of economic planning and development;
( b) To provide, on request, through the Economic Commission for Africa and its institute of economic development and planning when it is established, the advisory services and other technical assistance required for the preparation of national and regional development plans ;
4
Requeststhe Economic Commission for Africa, acting through its Executive Secretary and with the fullest assistance of the Secretary-General :
a
To convene as soon as possible, in consultation with the appropriate institutions and organs and under the auspices of the Standing Committee on Trade of the Economic Commission for Africa, a meeting of African countries to examine their policies on international trade and to work out immediate and common solutions regarding the disposal of their principal products on external markets;
( b) To prepare a further and up-to-date study of the impacts, on a short-term basis as well as in the long run, of the European economic groupings on the trade and economic development of the associated as well as the non-associated African countries;
( c) To study further, in consultation with the Governments of African countries and appropriate institutions:
i
The measures required for increasing the volume of domestic savings in the African countries;
ii
The measures necessary for accelerating the flow of foreign public and private capital to African countries and to report on these meaures to the Economic and Social Council at its thirty-fourth session;
5
Urgesthe importance of establishing regional economic development banks for Africa taking into account the study called for in resolution 27 (III) of the Economic Commission for Africa, and requests the Secretary-General to consult with the appropriate institutions, particularly the International Bank for Reconstruction and Development, on the immediate steps necessary for the early establishment of these regional development banks ;
6
Further requeststhe Secretary-General to strengthen the authority and increase the substantive and operational functions of the Economic Commission for Africa and to provide it with the requisite personnel and other resources in keeping with the policy of decentralization, as reaffirmed in General Assembly resolution 1709 (XVI) of 19 December 1961;
7
Invitesthe Economic and Social Council at its thirty-fourth session to examine the progress achieved in the implementation of the present resolution and to report thereon to the General Assembly at its seventeenth session.
19 December 1961.
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