The truth about the UK’s debt: 10 key facts
Debt has been one of the main issues facing the UK economy. Austerity policies have been introduced in the name of reducing the UK government’s debt. But what do we…
African Finance Ministers call for greater transparency of PPPs
Finance Ministers of low income Francophone countries have called for a range of measures to ensure the costs of Public-Private Partnerships (PPPs) are transparent. In a communique at the IMF…
Hidden debts contribute to crisis in Congo
Questions still to be answered about scale of hidden debts and who loans were from Congo and Chad both cannot repay, but negotiations complicated by loans backed by oil The…
Impoverished countries are being sold a dangerous private finance scheme
A new manifesto has been launched by civil society organisations from all over the globe, to condemn this exploitative financial practice
Campaign improves IMF debt assessments, but risk of crises continues to increase
The IMF and World Bank have agreed some positive changes to their system for monitoring debts of impoverished countries, though some large issues have been ignored. The system, known as…
Guide to responding to MPs about odious loans to Mozambique
Thank you for writing to your MP about odious loans by UK banks to Mozambique. If you have not done so yet, please take action now. In 2013, two London-…
Students at risk of dangerous stress levels due to rising debts
Poorer students are hit hardest by escalating debts, many students are going hungry, and the psychological pressure is high
Indebted Caribbean islands need urgent debt relief
As the devastation from recent hurricanes in the Caribbean becomes clearer, the calls for debt relief for affected countries grows stronger. In Dominica, 98% of the buildings are damaged, with…
Ghana’s debt crisis worse than IMF expected, as lenders continue to profit
The IMF has completed the fourth review of its programme in Ghana, agreeing to disburse a further $95 million of loans, taking total loans to $565 million. The IMF has…
Our ‘Education for Action’ workshops land in three UK cities
We’ve taken our ‘Debt and Economic: Education for Action!’ workshops to three cities this summer. Between Newcastle, Manchester and London around fifty people gave up a whole Saturday to brush…
