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What is Bosmun OPEC 2 about?

Indonesia advocates for economic diversification among oil-dependent nations within OPEC, emphasizing that reliance on oil revenues poses significant risks. The country proposes the establishment of an Economic Diversification Facility to support projects focused on industrialization and renewable energy, while also suggesting fiscal rules to mitigate budget exposure to oil price fluctuations. Indonesia aims to shift OPEC

Author

bnaclanguys1

Language

EN