AHG/Res. 132 (XX) RESOLUTION ON ECONOMIC PROBLEMS OF AFRICA The Assembly of Heads of State and Government of the Organization of African Unity, meeting in its Twentieth Ordinary Session in Addis Ababa, Ethiopia, from 12 – 15 November, 1984, Recalling the Lagos Plan of Action and the Final Act of Lagos, Having considered the report of the Secretary General and interim on the economic situation prevailing in Africa (Doc. AHG/118 (XX) and the special memorandum adopted by the ECA Conference of Ministers at its Tenth Ordinary Session on the Socio-economic crisis in Africa (Doc. E/ECA/CM.10/37/Rev.2), Expressing its deep concern about the deterioration of the social and economic situation of Africa, Noting with concern that the efforts for economic recovery and development of most African countries have been seriously jeopardized by the continuous fall in their export revenues, the rising of costs of their basic imports, the regular decrease of net flow of capital, the increasingly heavy burden of debt servicing and the chronic balance of payment deficit, Further noting with concern that the protracted drought and advancing desertification have had serious repercussions on the socio-economic infrastructure of many African countries, Deploring the inadequate progress at the level of international fora towards a solution to the serious economic and social problems facing Africa, Stressing that the extent of the short and long term needs requires the adoption of emergency economic measures,