IMF Pushes World’s Poorest Countries into “Starvation Diet” as Debt Burdens Spiral
IMF Pushes World’s Poorest Countries into “Starvation Diet” as Debt Burdens Spiral
peoplesdispatch.org IMF pushes world’s poorest countries into “starvation diet” as debt burdens spiral : Peoples Dispatch
As the IMF and World Bank commence their annual meetings, an Oxfam report shows how their failed policies of austerity will force the world’s poorest countries to cut USD 229 billion in public spending while hemorrhaging billions in debt payments.
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What's a bigger problem than the IMF? Corruption.
The article itself links to another Oxfam report that details how correctly taxing the wealthy in these poorer countries would provide all of the critical social services that these regions are lacking.
https://policy-practice.oxfam.org/resources/the-middle-east-and-north-africa-gap-prosperity-for-the-rich-austerity-for-the-621549/2 0 Reply
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