Tagged: Financial Transaction Tax

Press Release

A new report from the UN’s High-level Advisory Group on Climate Change Financing (AGF) makes it crystal clear that raising the public money to help poor countries build resilience to climate change is possible without putting the squeeze on taxpayers.

Press Release

Growth is necessary but not sufficient to lift poor people out of poverty, international agency Oxfam said today as it published a briefing paper calling on the G20 to agree an historic new Seoul development consensus to help the world’s poorest.

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Campaigners called on EU Finance Ministers to recognize the merits of an Europea

A broad coalition of NGOs, political organizations and trade unions today (7 September), called on EU Finance Ministers to recognize the merits of an European-wide Financial Transaction Tax (FTT), particularly as austerity measures begin to be felt throughout the EU.

Press Release
Oxfam and TckTckTck welcomed delegates to the June Bonn Climate Change Talks by fending off offers of sharky loans for climate adaptation funding. Credit: Paul Horsman/Global Campaign for Climate Action

A global bank tax to help poor countries survive the economic crisis must be urgently agreed, Oxfam said today ahead of the G20 meeting of finance ministers in Busan, South Korea.

Press Release

Contrary to the positive picture painted by the International Monetary Fund in its 2010 World Economic Outlook, poor countries are being forced to cut back on their economic crisis-response spending too soon.

Press Release
Children studying in a full classroom at Montes Namuli Primary School,Zambézia province, Mozambique on 14 April 2010. It is not unusual to have 100 children in a class, with no toilets or running water. Credit: Neo Ntsoma/Oxfam.

Poor countries are being forced to cut back on their economic crisis-response spending too soon. Education and social protection budgets are particularly badly affected. Oxfam is calling on the IMF to take steps to reverse this trend.

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