Sixty-four countries spend more on debt payments than health
New figures from Jubilee Debt Campaign show extent to which poor country health spending is overshadowed by debt payments IMF and World Bank meetings this week will discuss possible debt…
Reaction to financial relief for people impacted by Covid-19
For more information and interviews contact Sarah-Jayne Clifton, Tel: 07980 599002 The FCA has announced proposals for temporary measures to support users of certain credit products who are facing a…
Reaction to IMF and World Bank call for a debt moratorium
The IMF and World Bank have called for an immediate suspension of all debt payments to other governments by a group of the poorest countries, known as IDA countries. Reacting…
Calls grow for debt moratorium for poor countries
African Finance Ministers call for suspension of all interest payments World Bank Head calls for suspension of all interest and principal payments to other governments African Finance Ministers have called…
Reaction to £150m in UK budget for coronavirus debt relief
The UK government has announced £150 million for an IMF fund to cancel debt payments for poor countries hit by coronavirus There are concerns that countries will struggle to qualify…
Lebanon finally defaults, large write-down in debt needed
Jubilee Debt Campaign has been warning of Lebanon’s debt crisis since 2015 Large write-downs in debt will be needed by creditors to enable the country to recover Today Lebanon defaulted…
New job vacancy – Senior Community Organiser
This exciting new role involves organising and supporting people affected by problem debt in the UK.
Head of the IMF responds to your messages
Thousands of us wrote to Kristalina Georgieva, the head of the IMF, with the message that it's time to bail out people not banks. Her response falls short and the…
Debt payments have devastating effects on public spending
In Chad, pregnant women are putting off going to important but expensive health check-ups, and their families are paying over a third of a month’s income upfront to get through…
Mozambique sues in UK to cancel debt in secret loan case
Case brought by the government of Mozambique also seeks damages from Credit Suisse and shipbuilding company Privinvest Credit Suisse given deadline of 21 January to file and serve their defence…
