what is G-77 and it's work
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The Group of 77 at the United Nations is a coalition of 134 developing nations, designed to promote its members' collective economic interests and create an enhanced joint negotiating capacity in the United Nations.
It was Founded in the Year 1964 and is Headquartered in Geneva , Switzerland.The Chairmanship for the Year 2018 was given to Egypt.
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Explanation:
1) G 77 it's a group of 77countries which were in a developing period and they were afraid of IMF and World bank because it is under colonial power.
2) So hence most of the new nation had the risk of being exploited again
3) The organised themselves into Group called G -77
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