text: have to continue our endeavours to ensure that our wealth addresses and ameliorates many parts of our vast areas of poverty. Our institutional infrastructure should continue to evolve in order to ensure both its adaptability to change and its operative role as the instrument for change. In this respect, the various Arab developnent funds are geared for this purpose - assistance for development. JSM/bg A/S-18/PV. 9 67 (Mr. Maksoud, League of Arab States ) Secondly, It is incumbent upon the Arab States to consider that the vertical social stratification and the horizontal issues emerging invariably in pluralistic societies have to be addressed from the optic of a coherent overall developmental plan. Thirdly, this in turn renders regional devices for developmental purposes vital and essential. This task is being undertaken by the League of Arab States and further enhanced by the sub-national regional groups and councils, such as the Gulf Co-operation Council, the Arab States Corporation Council and the Maghreb Corporation. Fourthly, as in the case of all developing countries, the northern industrial nations can assist in resolving some of our most pressing problems in the following ways: industrial nations should allocate more funds for official development assistance; along with the proposed increases in the official development assistance of industrial and other wealthy countries, there must be a new criterion for its distribution among countries; it will undoubtedly be fruitful to provide technical assistance for those Arab countries and developing countries with unbearable debt burdens to identify investment projects which could help increase the volume of exports; furthermore, transfer of technology could help such countries reduce costs of production and expand their industrial and agricultural bases - with an expanding economy the Arab countries with large external debts would not only help them meet their foreign financial obligations but also increase 
analysis: The text discusses the importance of addressing poverty, economic development, and debt in Arab countries, with a focus on the role of international organizations and wealthy nations in providing assistance. It highlights the need for a coherent overall developmental plan, regional cooperation, and technical assistance to achieve economic growth and development.