The Bretton Woods Update (March 1999) reported that the 2 social advisors recently appointed to the IMF were being funded by the Department for International Development (DFID). In fact they are being paid for by the IMF.
The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries, but need to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues.
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