/ 2 November 2010

IMF: Global crisis cost 30-million jobs

The global crisis has cost 30-million jobs around the world, International Monetary Fund (IMF) director general Dominique Strauss-Kahn said on Monday, opening a human development forum in Morocco.

Employment should be the priority of further globalisation, Strauss-Kahn added.

“The world has lost 30-million jobs because of the global crisis …,” Strauss-Kahn warned the International Forum on Human Development, taking place at Agadir in southern Morocco on Monday and Tuesday.

“In the framework of the new globalisation, the first priority is employment, the second priority is employment and the third priority is employment,” he insisted.

Strauss-Kahn also brought out the issue of this growing the inequality gap.

More than 1 500 international experts are taking part in the forum, including the president of the Islamic Development Bank, Sheikh Ahmed Mohamed Ali. – Sapa-AFP