Topic 2: Reforming the International Monetary Fund (IMF) and World Bank to Reflect the Growing Influence of BRICS Countries

The Security Council is tasked with addressing the dominance of developed nations over the International Monetary Fund (IMF) and the World Bank, which has already neglected the needs of emerging economies. This topic aims to implement reforms that will strengthen the influence and representation of BRICS nations within these financial institutions. Delegates in focusing on increasing BRICS voting power, creating diversity leadership throughout the council, and fostering important collaboration based on the priorities of improving developing countries, with the ultimate goal revolving around establishing a more equal generative force to accommodate more of the growing world. This topic aims to implement reforms that will strengthen the influence and representation of BRICS nations within these financial institutions.