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Persistent poverty and inequality is not just a violation of basic human rights of the people but it also undermines economic growth of a nation by wasting talents and human resources. It leads to a skewed society where power and decision-making remains in the hands of a few, leading to greater conflicts and undermining social cohesion.
15 Jun, 2015
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Responding to the IMF’s latest report on inequality, Nicolas Mombrial, Head of Oxfam International’s office in Washington DC, said:
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