Progress by G20 Finance Ministers toward tackling the issue of multinational tax avoidance has been welcomed by Oxfam Australia Chief Executive Dr. Helen Szoke, though there is a need for more specifics on how and when low-income countries will benefit.
If G20 nations were hit as hard by corporate tax dodging as Africa, they’d have a $1.2 trillion hole in their budgets.
World leaders attending the G20 summit must seize this opportunity and make real progress on helping find a political solution to the Syria crisis.
Multinational tax evasion is entrenching poverty and weakening developing country economies, Oxfam has warned ahead of the G20 leaders meeting in Russia to chart a plan for boosting global economic growth.
Oxfam welcomes today’s European Parliament vote in favor of legislation which will oblige EU-listed and non-listed big oil, gas, mining and logging companies to declare payments they make i
European leaders failed today to meet the expectations they had raised of cracking down on tax dodging at a summit in Brussels. In reaction, Catherine Olier, Oxfam’s EU Policy Adviser, said:
Oxfam believes that reducing inequality is fundamental to fair and sustainable development.
With abnormally high food prices and slowing efforts to tackle global hunger, the Committee on World Food Security (CFS) must now energize governments to begin fixing the broken global food system, at its annual meeting in Rome from Oct 15 – 20.
The Food and Agricultural Organisation's Food Price Index has today revealed that global food prices have remained at peak levels.