Expansionary recovery fiscal policies are turning into fiscal consolidation in most countries and spending in essential public services is threatened. The session presented new 2022 reports by IPD, Financial Transparency Coalition, OXFAM and Eurodad, showing fiscal consolidation trends and inequalities in recovery policies that are harming public services, people and the planet. It will discuss the role of IFIs in helping countries prevent austerity and enable an equitable people’s recovery.
Co-sponsors: IPD, Financial Transparency Coalition, OXFAM, ActionAid, Arab Watch Coalition, Bretton Woods Project, Eurodad, Latindadd, Third World Network, Wemos, Centre for Budget And Governance Accountability (CBGA India), Instituto de Estudos Socioeconômico (INESC Brazil) and the Global Alliance For Tax Justice.