Declaration on the Granting of Inaepenaence to Colonial Countries and Peoples in accordance with General Assembly resolutions 1514 (XV) of 19 December 1960 and 3116 (XXVIII) of 12 December 1973, in order to finance humanitarian assistance projects of national liberation movements recognised by the Organisation of African Unity, 30. he shown in statement VI, there was no income or expenditure auring the year enaea 31 December 1989. Pursuant to General Assembly aecision 431446 of 20 Deaember 1988, this trust fund was alosea ana all resouraes transferred to the miscellaneous inoome of UNDP. mted Nations Cauital Development Fun@ 31. This Fund was established by the General Assembly by its resolution 2186 (XXI) of 13 December 1066 and, placea under the authority of the Administrator of UNDP and the Governing Counoil by resolution 2321 (XXXr) of 15 Deoember 1967, The Fund provides aapital finanaing for projects that directly and immediately benefit .’ low-income groups in the least developed countries. 32. As shown in statement VII, the total income of the Fund in 1989 amounted to $52.7 million and expenditure to $50.3 million. At its twenty-sixth session, the Governing Council decided that the Fund should establish and maintain an operational reserve of no less than 20 per aent of the Fund’s project commitments. 81 As at 31 December 1989, the balance of the operational reserve amounted to $45.5 million, which includrs a guarantee reserve equivalent to 20 per cant of the total contingent liabilities for guarantees antared into by the Fund in respect of bank loans granted by Governments. At the end of 1989, the Fund had a balance of S99.8 million exclusive of its operational reserve. R/ xl2M.N t979. (E/1979/40), decision 79121, para. 4. -9- 33. At 31 December 1959, the unspent allocations amounted to $231.4 million, inclusive of an amount of $7.2 million in respect of loan aommitments. Unspent 
**Analysis**
The text appears to be discussing the financial activities of a trust fund established by the United Nations Development Programme (UNDP) to provide capital financing for projects that benefit low-income groups in least developed countries. The fund's income and expenditure are reported, as well as its operational reserve and balance. The text does not mention specific projects or sectors, but rather focuses on the financial management of the fund. Based on this, it seems likely that the text is related to economic development.

**Category**
Economic development, Humanitarian aid and relief