What is the IMF's role in addressing income disparities and social cohesion?

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What is the IMF's role in addressing income disparities and social cohesion?

The IMF's role in addressing income disparities and social cohesion is primarily focused on providing policy advice and technical assistance to member countries. The IMF recognizes that reducing income disparities and promoting social cohesion are important for sustainable economic growth and stability. It advises countries on implementing policies that promote inclusive growth, such as investing in education and healthcare, strengthening social safety nets, and improving labor market institutions. The IMF also encourages countries to address structural barriers to income equality, such as gender and racial discrimination, and to promote fair taxation and redistribution policies. Additionally, the IMF works with countries to enhance transparency and accountability in public finances, which can help reduce corruption and promote social cohesion.