Reaction to Autumn Statement
For more information and interviews contact Eva Watkinson on +44 7870187861 Responding to the government’s Autumn Statement, Heidi Chow, Executive Director at Debt Justice said: “The chancellor has failed to…
Reaction to G20 statement on debt
Reacting to the G20 leader’s statement section on debt in low- and middle-income countries[1], Tim Jones, Head of Policy at Debt Justice said: “A tidal wave of debt crises is…
Reaction to UK suspension of loan payments in response to climate extreme events
Today the UK government has announced that new lending UK Export Finance makes to low-income countries and small island states will include clauses to defer payments when countries are hit…
Cancel the debt for climate justice
As world leaders meet in Egypt for the COP27 climate conference – we all know how much is at stake. But for many lower income countries, dealing with the worst…
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Reaction to no debt relief for Chad, and lack of action on debt at IMF Meetings
The G20 have announced that Chad will not be getting any debt relief through their Common Framework for Debt Treatments.[1] The G20 also failed to agree a statement, including making…
300 organisations demand debt cancellation
300 organisations from 56 countries demand debt cancellation for developing countries, as IMF and World Bank meetings take place in Washington Demonstrations will take place across the world to coincide…
Lower income country borrowing costs rise at three times the rate of the US
New analysis by Debt Justice finds that average interest rates on new borrowing by lower income countries have increased by 5.7 percentage points this year, almost three times the rate…
BlackRock Day of Action: Give Larry a call
Zambia is in the middle of a huge debt crisis. Between 2019 and 2021 public spending was cut by 21% in the name of paying the debt. BlackRock is one…
Over 100 experts call on BlackRock to cancel Zambia’s debt
Over 100 economists and development experts have called on BlackRock and other creditors to cancel a significant amount of Zambia’s debt. In an open letter released today, the signatories –…
