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Responding to the G20 Finance Ministers’ meeting today, Nadia Daar, Head of Oxfam’s Washington DC Office, said: "The G20 is not delivering on its promise to rebalance the global economy and provide major relief. It has simply extended a freeze on bilateral debt-service payments through year-end, pushing the can down the road once again. If debt cancellation is not part of the solution, the world’s poorest countries will continue to struggle to cope with the pandemic and its devastating effects.   

Communities in the eastern Democratic Republic of Congo are being preyed on mercilessly by rebel groups and local militias, as well as their own government’s troops and officials, in a vicious cycle of exploitation and abuse according to a new Oxfam report.

Inequality is at crisis levels in West Africa, yet these governments are less committed to reducing inequality than the rest of the continent.

Average global CEO pay hit $4.3 million in 2024, reveals new analysis from Oxfam ahead of International Workers’ Day (1 May). This is a 50 percent real-term increase from $2.9 million in 2019 (adjusted for inflation) —a rise that far outpaces the real wage growth of the average worker, who saw a 0.9 percent increase over the same five-year period in the countries where CEO pay data is available.

 Commenting on the arrival of President Trump at the World Economic Forum in Davos to promote his ‘…

In this briefing, Oxfam sets out the seven key issues the G7 must act on if the Biarritz Summit is to deliver more than just warm words on fighting inequality.

http://www.imf.org/external/pubs/ft/survey/so/2014/POL031314A.htm Oxfam spokesperson Nicolas Mombrial said: "This is the final judgment on inequality being bad for growth."

Across the developing world, a child from a poor family is seven times less likely to finish secondary school than a child from a rich family, according to a new report published by Oxfam today.

The COVID-19 pandemic and cost-of-living crisis were a windfall for the ultra-wealthy in the Middle East and North Africa (MENA), who saw their wealth almost double between 2019 and 2022, reveals an Oxfam report published today ahead of the World Bank and International Monetary Fund (IMF) Annual Meetings in Marrakech. 

The World Health Organization’s World Health Report 2010, launched in Berlin today, reveals that out-of-pocket payments are by far the greatest obstacle to achieving universal health care. But all countries - no matter how poor - can take immediate steps to increase investments in health.