To presentation On Universal Finance Organization

Background
Why Universal Finance Organization?

Limitation of Multiple international organization:
World Bank IMF ADB IDB etc.

Logo of UFO

Universal Finance Organization

Universal Finance Organization
Vision
Mission

Free from • Poverty • Inequality • Domination as far as possible.

To work for poverty reduction with promoting living standard of human being increasing cooperation amongst member countries.

Objectives
        
To eradicate poverty

Establish a International Anti-corruption organization
Gender equality & stop violence against women Environmental sustainability

Protecting civilians & reducing vulnerabilities
Emergency help Ensure universal education

Develop mutual understanding
To conduct research

Conditions For Membership
Must be independent Obligated to maintain rules and
regulations

 Accepted by a majority Must pay specific amount of subscription.

Advisory Body
Term 4 years Elected by member country Not eligible to get nomination within 3 terms. Comprised of 16 members  To conduct election. Supreme authority in absence of board of Governors. Advise board of Governors submit a transparency report

Structure of UFO
Board of Governors
Governor

Deputy Governor

Deputy Governor

Assistant Governor

Assistant Governor

Assistant Governor

Assistant Governor

Power of Board of Governors
 Overall execution of BOD  Appointment of board of directors  Grants of final issues  Execution of annual report  Policy formulation  Removal of member countries

Board of Directors
Board of Directors
Director (Research) Assistant Director (loan) Director (Finance) Assistant Director (others) Director (Anti-corruption) Director (Environment) Director (Development)

Director (Information & Communication)

Director (Consultancy)

Director (Emergency)

Source of fund
Subscription of member countries
Annual subscriptions of member
countries

Interest of loans provided by UFO

Function of UFO
Provides loans Technical assistance and training. Taking policies to eradicate poverty and
corruption

Research, statistics, forecasts, and analysis
based on tracking of global, regional, and individual economies and markets.

Emergency assistance Raises climate related funds Technical support to utilize domestic resources

Process of Loan Approval

Board of Governors
Respective Division

Re-examine
Research Division

Final Approval (power Rating)

Member Countries

Power Rating System
Developed Countries Developing Countries Non-developed Countries
3.0

2.0

1.5

Limitations of Study
Rising fund Voting power Annual subscription rate Interest rate Distribution of regional office

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