Spring Meetings: IMF and World Bank Need to Step Up on Labour Rights and Inequality.

0 Comments | M2 Presswire, March, 2007

M2 PRESSWIRE-26 March 2007-ITUC: Spring Meetings: IMF and World Bank Need to Step Up on Labour Rights and Inequality(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:26032007 Brussels - The World Bank and the International Monetary Fund must do far more to support labour rights, according to a new statement issued by the international trade union movement in the lead-up to key meetings of the International Financial Institutions (IFIs) in Washington on 14 and 15 April.

The main function of the "Spring Meetings", of the IMF's International Monetary and Financial Committee and the joint World Bank - IMF Development Committee, is to assess progress in the work of the two institutions. "Real and consistent improvements on labour rights must be a cornerstone of...