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Billionaire fortunes increased by 12 percent last year – or $2.5 billion a day - while the 3.8 billion people who make up the poorest half of humanity saw their wealth decline by 11 percent, reveals a new report from Oxfam today.

The UN General Assembly outcome document agreed today exposes the unevenness and gaps in achieving the MDGs between and within countries.

In response to IMF Chief Economist Gita Gopinath’s statement that the coronavirus pandemic will trigger the worst economic fallout since the Great Depression, Nadia Daar, Oxfam International’s Head of Washington DC Office said: "The IMF’s assessment is chilling. The human suffering behind those numbers is almost unimaginable. Oxfam’s research shows that coronavirus could push half a billion more people into poverty".

Governments must build back better, low carbon, economies in the wake of the coronavirus to avoid fuelling the climate crisis, warned Oxfam today ahead of the Petersberg Climate Dialogue on 27 – 28 April. The virtual meeting will bring together government ministers from across the globe to discuss international climate action. 

Africa is losing billions to corruption, poorly negotiated deals and tax dodging. Leaders must listen to their people. They must crack down on tax dodging and maximize progressive revenues to create a more human economy for Africa.

Oxfam congratulates António Guterres on his appointment to what is arguably one of most challenging jobs on the planet. Mr. Guterres brings a wealth of experience and leadership to the role to guide the UN in the years to come.  

Oxfam International Executive Director, Winnie Byanyima, will use the WEF Africa meeting in Kigali, Rwanda this week to call for a radical overhaul in the way African countries manage the income from natural resources, an end to tax havens and the use of progressive taxation to fight inequality.

Close to four million refugees and asylum seekers have fled from one conflict zone to another, Oxfam said today ahead of two summits on migration in New York next week.

The coronavirus pandemic is leaving a trail of devastation in low-income countries. This briefing aims to shine a light on the debt owed to private creditors by five African countries: Ghana, Kenya, Nigeria, Senegal and Zambia. It outlines the steps which the G20 needs to take immediately to avert further economic chaos. 

This study takes stock of inequalities in Tunisia, especially those sustained by an unjust fiscal system. Oxfam puts forth concrete recommendation to turn the page on austerity policies and advocates for fiscal justice and wider redistributive policies in Tunisia.