tax

In a puzzling move, inequality was not on the agenda at the International Monetary Fund’s Press Briefing in the Peruvian capital today, while World Bank President Jim Kim said TPP could boost growth.

Oxfam is encouraged by World Bank President Dr. Jim Yong Kim’s rejection of trickle-down economics and his clear stance on the enormous challenge inequality poses across the world. 

Oxfam joins world leaders, civil society and people around the world to celebrate the adoption of the Sustainable Development Goals by world leaders at the United Nations, but cautions that progress toward them must be tangible, political and disruptive. 

Oxfam welcomes the Addis Tax Initiative and its ambition to help developing countries strengthen their tax administrations. Tax revenue provides vital finance for governments to reduce poverty and inequality.

We support the call for a rebalance of power in the governance of global tax issues.

Fighting inequality is not just an issue of fairness but an economic necessity. That’s not Oxfam speaking, but the International Monetary Fund today. 

The international tax system is broken and unfair.  July’s Finance for Development Conference in Addis is the perfect time to ensure all parties agree to tackle this problem.

World Bank President Jim Yong Kim has yet again failed to profile his commitment to tackling climate change and inequality as central to his aim in eradicating poverty by 2030.

The World Bank and the IMF must seize their early chance in what could be a watershed year to end extreme global poverty by putting the battle against inequality, climate change and tax dodging at the very top of its Spring Meetings’ agenda this week.