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