A thread 1/4: New @Oxfam analysis shows that 84% of @IMFNews #COVID19 loans encourage, or require austerity measures in aftermath of pandemic which could result in deep cuts just when people are breathing a sigh of relief bloomberg.com/news/articles/…
2/4 Austerity contributed 2 ill-preparedness 4 pandemic as govts failed 2 invest. 1/6 countries was spending enough on health, 1/3 countries had safety nets for workers to fall back on. We need a new plan @IMFNews. #EndAusterity #FightInequality oxfam.org/en/press-relea…
3/4 Austerity will manifest differently in different contexts but by way of demonstration, we found 14 countries (Eg. El Salvador/Tunisia) are likely to freeze/cut public sector wages/jobs. More here oxfam.org/en/blogs/behin…
4/4 Find out what the @IMFNews has agreed with your government in our new open-source dataset “Behind the Numbers” oxfam.org/en/internation…
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