Jubilee USA

For Immediate Release

Organization Profile: 
Contact: 
Kate Zeller, Campaigns Director, kate@jubileeusa.org / (o) (202) 783-3566 x105 / (m) (503) 936-7553

IMF Head Addresses US Chamber on Global Economy Risks

WASHINGTON - 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: https://www.imf.org/en/News/Articles/2019/03/29/sp040219-a-delicate-moment-for-the-global-economy

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Jubilee USA Network is an alliance of more than 75 US organizations and 650 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

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