The Progressive


A project of Common Dreams

For Immediate Release
Kate Zeller, Campaigns Director, / (o) (202) 783-3566 x105 / (m) (503) 936-7553

IMF Head Addresses US Chamber on Global Economy Risks


Ahead of the Spring International Monetary Fund and World Bank meetings, the head of the IMF, Christine LaGarde delivered a speech to the US Chamber of Commerce, "A Delicate Moment for the Global Economy: Three Priority Areas for Action."

Eric LeCompte the Executive Director of Jubilee USA, a religious development organization, releases the following statement on LaGarde's speech:

"As world leaders prepare for the Spring IMF meetings, LaGarde is raising concerns about the state of the global economy.

"LaGarde calls for tackling unsustainable debt, corporate tax avoidance and global corruption. She acknowledges that when trade deals are done wrong, it can hurt workers and the poor.

"When we look at LaGarde's speech in light of IMF reports from the last year on growing risks facing the global economy, the IMF is heightening concern for economic stability and growth."

Read the full speech here:

Jubilee USA Network is an interfaith, non-profit alliance of religious, development and advocacy organizations. We are 75 U.S. institutions and more than 750 faith groups working across the United States and around the globe. We address the structural causes of poverty and inequality in our communities and countries around the world.

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