Countries Subject to IMF Austerity Programmes Are Also Almost Twice as Vulnerable to the Economic Consequences of the War Against Iran

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In an analysis, Oxfam points out that the austerity imposed by the IMF threatens to further reduce the ability of the affected countries to cope with the repercussions of the war against Iran and future crises.

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The countries under austerity programmes of the International Monetary Fund (IMF) are, on average, twice as vulnerable to the economic repercussions of the US and Israel war against Iran and to the worsening climate crisis, said the international confederation of NGO Oxfam on Sunday.

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Countries subject to the austerity programmes of the International Monetary Fund (IMF) are also, on average, almost twice as vulnerable to the economic consequences of the crisis as a result of... View Post Article Countries subject to IMF austerity programmes are also almost twice as vulnerable to the economic consequences of the war against Iran appeared first on Oxfam France.