A desperate and largely unknown humanitarian crisis is deteriorating in the Lake Chad Basin region of West Africa, forcing millions of people to flee their homes and leaving millions more in need of humanitarian assistance. Oxfam is providing life-saving support but help is urgently needed to prevent the crisis turning into a catastrophe.
Reacting to the announcement that World Bank President Robert Zoellick will step down at the end of his term on June 30th, a global coalition of campaigners has called for an open and merit-based process to elect the next World Bank leader, and for developing countries to determine the selection.
Oxfam’s Sarah Wynn-Williams said: “This farcical appointment process has damaged the IMF’s credibility.
Oxfam spokesperson Pamela Gomez said: "Governance reform at the International Monetary Fund is long overdue.
The recent sharp increase in food prices should have benefited millions of poor people who make their living from agriculture.