text: among statesmen and those engaged in the field of disarmament, however, to awaken the spirit of internationalism. This spirit would be particularly prone to opposing any overestimation of national defence expenditure on the grounds that the decrease in international tension should lead to a reallocation of defence expenditure for international development. My delegation was greatly interested by the proposal of President Richard von Weizsacker and former Chancellor Willy Brandt envisaging the reallocation for economic growth in developing countries of one third of the resources saved from military cuts as a consequence of a unified Germany. Likewise, my delegation was also attracted by the proposal of the President of the World Bank in his speech recently suggesting that developed nations should ideally reduce their military expenditure by 10-15 per cent, thereby enabling themselves to redouble their assistance to the developing nations in carrying out their development programmes. Such moves should enjoy world-wide support. This present decade will be a decade of change, challenges and hope. I believe, therefore, that the unprecedented opportunities that are opening up at the end of this century should not be squandered. The PRESIDENT: I thank the representative of Indonesia for his statement and for the kind words he addressed to the Chair. I have no other speakers inscribed for today. Does any other delegation wish to take the floor? This is not the case. CD/PV.568 15 (The President) The secretariat has circulated today the timetable of meetings of the Conference and its subsidiary bodies during the coming week. As usual, the timetable has been prepared in consultation with the chairmen of the Ad hoc Committees. It is merely indicative and subject to change, if the need arises. If there is no objection, I shall take it that the Conference adopts the timetable as proposed.
analysis: The text discusses the reallocation of resources saved from military cuts towards international development, specifically in developing countries. It highlights the importance of reducing national defence expenditure and reallocating those resources towards economic growth and development. The text also mentions the reduction of military expenditure by developed nations to enable them to provide more assistance to developing nations.