Lord Judd – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Judd on 2014-05-07.

To ask Her Majesty’s Government what is their assessment of the International Monetary Fund’s Staff Discussion Notes published in February and March dealing with inequality and its impact on growth.

Lord Deighton

At its April 2014 meeting, the International Monetary and Financial Committee (IMFC) of the IMF, attended by the Chancellor, agreed that rising inequality and high unemployment be addressed by removing structural impediments to inclusive growth.

It is not Government practice to comment on the detail of IMF Staff Discussion Papers. IMF Staff regularly produce such papers, and the analysis and views therein are those of staff and not necessarily the IMF or its Executive Board.