Oxfam Response to IMF Managing Director Press Conference
9 October 2014
Christine Lagarde gave the go ahead for 3 countries affected by Ebola to increase their fiscal deficit.Nicolas Mombrial, head of Oxfam’s DC office said,"Who would have thought that IMF would ever give the green light to countries— even affected by a terrible epidemic— to increase their fiscal deficits? It is jaw-dropping.”“With the recent IMF discourse on inequality, gender, climate, it raises hope of a new IMF that has moved past the Washington Consensus and its promotion of austerity policies to prioritizing the needs of those at the bottom of the…