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Pakistan does not currently mobilize sufficient tax revenue required to finance essential public services, including healthcare and education, on which the poor rely the most. Consequently, these services remain inadequate, hampering efforts to reduce poverty and address extreme inequalities.Furthermore, the current tax system in Pakistan is seen by many as unfair and inequitable. Two-thirds of tax revenue is mobilized through indirect taxes, which are regressive in nature and unfairly burden those least-able…

The G20’s promise to pursue inclusive and sustainable growth is welcome, but its response to the Ebola crisis is dangerously inadequate.

European Commission President Jose Manuel Barroso today threw his full support behind an EU Financial Transaction Tax (FTT) arguing that banks must make a '”contribution” back to society af

Unresolved rigged tax rules and privatized development are the major drawbacks of the UN Financing for Development Conference outcome, says Oxfam.

The World Bank and the IMF must seize their early chance in what could be a watershed year to end extreme global poverty by putting the battle against inequality, climate change and tax dodging at the very top of its Spring Meetings’ agenda this week. 

In January alone, billionaire wealth surged by $314 billion ―around $10 billion a day. This is more than the combined wealth of the 2.8 billion people who make up the poorest third of humanity. 

The European Commission, the European Parliament and the Council of the EU struck last night a deal on transparency of extractives industries.

Oxfam's verdict on the World Bank and International Monetary Fund Annual Meetings. 

Today, the European Commission presented its proposal for new sources of revenue for the EU’s budget.  

Oxfam’s Nicolas Mombrial said: “The IMFC’s call on the IMF to focus on cross-border tax evasion and tax avoidance is very welcome.