Reacting to reports that the government of Mozambique has announced that it cannot pay its private external debt, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign, said: “Mozambique’s unpayable debt…
Read the report (32 pages) or executive summary (4 pages). Independence Arch in Accra, capital of Ghana (Photo: Joe Ronzio/Flickr) Ghana is in a debt crisis. Having had significant amounts of…
Lender accused of guaranteeing profits for speculators The World Bank has been accused of helping to fuel a new debt crisis in Ghana after it was revealed it has broken…
Join our session on debt injustice in the UK and around the world at the World Transformed in Liverpool on Tuesday 27 September.
About 60 people, most of them staff and students at Newcastle University, participated in Jubilee Debt Campaign’s team in the Great North Run, the biggest half-marathon in the world, on…
A decade of IMF conditionality and adjustment sparked Argentina’s 2001 debt default and economic earthquake, and it was expelled from the country in 2006. Yet the country’s new government has…
When it comes to infrastructure – roads, railways, power plants, ports and the like – the policy prescriptions from the World Bank and other international financial institutions sound like a…
We have been at Glastonbury Festival spreading the word about the true cost of Public-Private Partnerships (PPPs). After many years of faithful service, the Drop the Debt bus has finally given…
A group of 26 organisations in Mozambique have asserted that the $1.86 billion of the country’s debts at the centre of a growing international controversy were contracted illegally and should…
Commenting on the Eurogroup and IMF staff agreement in Brussels early on Wednesday morning, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign said: “IMF staff are proposing to lend more…
