Spring Meetings: IMF and World Bank Need to Step Up on Labour Rights and Inequality

International - March 29, 2007

Brussels, 23 March 2007 (ITUC OnLine):  The World Bank and the International Monetary Fund must do far more to support labour rights, according to a new statement issued by the international trade union movement in the lead-up to key meetings of the International Financial Institutions (IFIs) in Washington on 14 and 15 April.  The main function of the “Spring Meetings”, of the IMF’s International Monetary and Financial Committee and the joint World Bank – IMF Development Committee, is to assess progress in the work of the two institutions.  “Real and consistent improvements on labour rights must be a cornerstone of tackling poverty and growing inequality worldwide”, according to ITUC General Secretary Guy Ryder.

To read the full statement: http://www.ituc-csi.org/IMG/pdf/statement_imfwb_0407EN.pdf

 

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