Brussels, 20 June 2018 (ITUC OnLine):
The ITUC has expressed support for the findings and recommendations of the report on “The IMF and Social Protection” written by Philip Alston, the UN’s Special Rapporteur on extreme poverty and human rights. Mr Alston will present his report to the UN Human Rights Council in Geneva this week.
Noting the
IMF’s financial power and influence, ITUC General Secretary Sharan Burrow said:
“The Special Rapporteur is right on the mark when he states that real progress
in expanding social protection to the majority of the world’s population that
has none will not happen unless the IMF consistently promotes the creation of
fiscal space for social protection.”
The ITUC
agrees with the report’s analysis that too often the IMF has been involved in
social protection issues only with the objective of limiting fiscal
costs. This focus explains the IMF’s frequent hostility to universal
protection and its preference for very narrowly targeted programmes, which
deprive many low-income households of benefits and weaken political support for
social protection.
Alston’s
report also points out the IMF’s limited cooperation with the ILO and other UN
agencies specialised in social protection, and the Fund’s failure to commit
unambiguously to all the Sustainable Development Goals, most notably SDG 1.3 to
implement nationally appropriate social protection systems for all, including
social protection floors.
“The ITUC
endorses the Special Rapporteur’s recommendation that the IMF should ‘engage
seriously and systematically with the Social Protection Floor Initiative of the
United Nations, ILO and WHO’”, said Burrow.
In light of
the IMF’s initiation of a process to adopt a new “strategic framework” on
social protection by February 2019, the ITUC calls on the Fund to embrace the
key recommendations of the Special Rapporteur’s report: (i) work in support of
attainment of the SDGs on social protection; (ii) drop its resistance to
universal coverage; and (iii) work in cooperation with other agencies and
organisations that support expanded social protection.
The ITUC
represents 207 million members of 331 affiliates in 163 countries and
territories.
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