Live Breaking News & Updates on Public Versus Austerity|Page 1

Stay updated with breaking news from Public versus austerity. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Fifty Years of Failure: The IMF, Debt and Austerity in Africa

ActionAid’s report ‘Fifty Years of Failure: the IMF, Debt and Austerity in Africa’ is based on new research and powerful personal testimonies from across 10 African countries. It is timed to coincide with the first IMF / World Bank Annual meeting to be held in Africa for 50 years. The report documents how the IMF imposes austerity policies, undermining health, education and wider development across the continent. Rather than seek systemic solutions to the mounting debt crisis in Africa, and rather than exploring obvious alternatives such as progressive tax reforms, the IMF continues to enforce cuts to public spending that hurt women and disadvantaged groups most acutely. ....

Sierra Leone , Sustainable Development Goals , World Bank , Fifty Years , World Bank Annual , Failure Actionaid , Saharan Africa , Who Cares , Public Sector , Public Versus Austerity , Care Contradiction ,

Economically disadvantaged Malawi teachers bear the brunt of IMF wage bill policies

Malawi has a long-term relationship with the International Monetary Fund (IMF)
which drives the country’s macroeconomic policies, often to the detriment of progress in targeted sectors such as education and health. Malawi became a member of the IMF on 19 July 1965 and has had at least 16 arrangements (loans) with the Fund, including an Outstanding Purchases and Loans (SDR) arrangement, amounting to US$292.35 million as of 30 June 2021. ....

South Africa , Yankho Mlamba , Rick Rowden , Alice Kamchere , Itara Oconnell , Pilirani Kamaliza , Charles Samala , International Monetary Fund , Education International , Ministry Of Economic Planning Development , Educational International , Public Services International , Lunzu Secondary School , Ministry Of Education , Teacher Union Of Malawi , Primary School , Tarao Connell , Outstanding Purchases , Gross Domestic Product , Lunzu Secondary , Teacher Union , Annual Economic Report , Budget Document , Economic Planning , Public Sector , Sector Performance ,