Topic A: IMF conditionality on loans and its role in the global and economic financial system

Topic B: Session: On the granting of economic and financial aid to Egypt

Language: English

Level: Intermediate


The IMF’s 24-member Executive Board takes care of the daily business of the IMF. Together, these 24 board members represent all 189 countries. Large economies, such as the United States and China, have their own seat at the table but most countries are grouped in constituencies representing 4 or more countries. The largest constituency includes 24 countries.

The Board discusses everything, from the IMF annual health checks of member countries’ economies to economic policy issues relevant to the global economy. For the duration of the Conference it shall be assumed that the Executive Board is authorized by the IMF Board of Governors to exercise all the powers of the Board of Governors except those conferred directly by the IMF Articles of Agreement on the Board of Governors

Héctor Guarro


Héctor Guarro Marzoa is a Bachelor’s Degree student of Spanish Law, Public administration and Political Science (Double Bachelor Programme) at Universidad Pontificia de Comillas-ICAI-ICADE. His first contact with the “Model of United Nations experience” occurred when he was just 15 years old, when he was convinced of participating in a MUN on the other side of the world (MINUBA), being hooked from that moment forward. He highlights out of his MUN experience the following: being chosen best delegation in the Security Council in SEKMUN 2010; Co-Chair in SEKMUN 2011, honourable mentions in MEU Granada 2012, UC3MUN 2013 and URJCMUN 2016; best delegation in the Historical Security Council of URJCMUN 2015, Co.-Chair in UC3MUN 2016, Organizer of the 1st edition of MiMUN (2015-2016) and participant of the MMXVI edition of WORLDMUN, being very fond of all the MUNs he has been part of.
He is, as well, a runner-up and winner of the 2011 and 2012 editions of the UNIJES debating tournament respectively. He hopes that, through his participation, he can contribute to make the present edition of UC3MUN an enriching and fun experience for everyone involved.
A Quote: “Diplomacy is the art of telling people to go to hell in such a way that they look forward to the trip” Winston Churchill.

Rustam Baratov


Rustam is a final year undergraduate student in Management and currently doing his exchange program at Rennes School of Business in France. He’s originally from Almaty, Kazakhstan, although he has lived in Belgium for over fifteen years and at present in Brussels. He always took pleasure to travel, meet people from around the world and learn more about different cultures, thus participated and represented Belgium at many international conferences such as Asia-Europe Meeting (ASEM), Model UN and Warsaw Negotiation Round. Previously, he held an internship at Dow Jones, leadership roles at Startup Weekend and organized events with Startup Europe and the European Commission. In addition, Rustam shares a large interest in contemporary arts, architecture, and specialty coffee.