CSOs Call on IMF to Stop Promoting Austerity Policies

More than 500 civil society organisations and academics from 87 countries, including Madhyam, have issued a statement today calling on the International Monetary Fund (IMF) to stop promoting austerity and instead support policies that advance gender justice, reduce inequality, and put people and planet first. The statement comes ahead of the IMF and World Bank Annual Meetings scheduled to take place from October 12-18, 2020.
Following is the full text of the statement issued on October 6, 2020:
We, the undersigned, call on the IMF to immediately stop promoting austerity around the world, and instead advocate policies that advance gender justice, reduce inequality, and decisively put…