Category: ECOFIN
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October 21th 2024
— ECOFINThe third day of the MUNOG conference began with all delegates present, highlighting the importance of the upcoming votes. A central issue of the day was the vote on China’s amendment. After extensive debate, almost all countries voted in favor, except Ghana, the only country to vote against, while the Russian Federation and India abstained…
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October 20th 2024
— ECOFINOn October 20th 2024, the delegates in the ECOFIN committee had to deal with the topic „Measures to prevent hyperinflation by international cooperation“. Hyperinflation poses a severe challenge for many nations, each adopting distinct strategies to address it. Mexico has successfully avoided hyperinflation by implementing preventive measures, maintaining a strong financial policy to keep inflation…
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October 19th 2024
— ECOFINAt the recent Global Debt Conference, all nations were present, except for Saudi Arabia. The event began with a series of opening speeches addressing the world’s most pressing economic challenges. Several countries expressed their commitment to support weaker economies, while others made clear demands for debt relief and financial stability. South Africa and Spain, however,…