Newswire

Officials from governments, the IMF, World Bank, the private sector and NGOs meet this week at the United Nations for the Financing for Development (FFD) Forum. The annual gathering seeks to implement the Addis Ababa Action Agenda that governments endorsed in 2015 in Ethiopia."These meetings are critical to address the root causes of poverty and raise revenue in the developing world," said Jubilee USA Executive Director Eric LeCompte. LeCompte has participated in FFD negotiations since 2012.

World leaders, finance ministers, the private sector and nongovernmental organizations begin the Spring International Monetary Fund and World Bank meetings on the 10-year anniversary of the global financial crisis. On Tuesday the IMF's economic outlook report predicts short-term global growth to 3.9%, it highlights debt levels, trade policies, decreased labor participation and aging populations as risks to long-term growth.