The United Nations General Assembly Second Committee (also known as the Economic and Financial Committee or ECOFIN) is one of the six main committees of the United Nations General Assembly. It deals with global finance and economic matters.There are a total of 193 nations that are members of the ECOFIN like any other GA Committee. Each member has equal representation and voting rights, regardless of size or dependency. Over the course of time, ECOFIN has helped developing countries thrive economically through financial assistance and the opportunity to prosper. ECOFIN has set goals in lowering poverty and decreasing economic strain on nations facing large amounts of debt.
-Prevention of money laundering among nations.
- Eradication of poverty and other development issues; particulary in Africa.