April 8, 2014
In the new World Economic Outlook published today by the International Monetary Fund, Olivier Blanchard, the IMF’s Economic Counsellor, warns that the effect of inequality on economic progress is set to become a central problem.
Imran Hussain, Head of Policy for Child Poverty Action Group, said:
“The IMF warning is an important reminder that reducing inequality and ending poverty is essential to a strong economy.
“We always put children first in family life, and there’s good evidence to suggest that by doing the right thing for Britain’s children we can benefit the economy too.