b'Reiterates that debtors and creditors, including both public and private, must work together in a transparent manner to prevent and resolve unsustainable debt situations and that maintaining sustainable debt levels is the responsibility of the borrowing countries, acknowledging, however, that lenders also have a responsibility to lend in a way that does not undermine a country s debt sustainability, and in this regard takes note of the United Nations Conference on Trade and Development principles on responsible sovereign lending and borrowing and recognizes the applicable requirements of the International Monetary Fund Ddebt Llimits Ppolicy and/or the World Bank non-concessional borrowing policySustainable Development Policy, as well as the safeguards of the Development Assistance Committee of the Organisation for Economic Co-operation and Development in its statistical system to enhance the debt sustainability of recipient countries, and will work towards a global consensus on guidelines for debtor and creditor responsibilities in borrowing by and lending to sovereigns, building on existing initiatives;'