We must recognise the role of PFI debts in the NHS funding crisis
The first weeks of 2017 in the UK have been filled with news that the NHS and social care are in crisis, due to a lack of government funding. It…
The first weeks of 2017 in the UK have been filled with news that the NHS and social care are in crisis, due to a lack of government funding. It…
In a first for the country, the Philippines has legislated to hold a debt audit into 20 projects to determine the legitimacy of the loans. The audit is part of…
A Mozambican parliamentary Commission on 7 December submitted a devastating report on the $2 billion in secret loans originally given or arranged by the London branches of Credit Suisse and…
A massive thank you to everyone who has donated during the Big Give Christmas Challenge. A total of 265 of you have helped us reach our target of doubling £10,000…
World Bank admits to breaking rules to guarantee high interest Ghana debt, but misleads in attempt to justify the decision.
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…
Tuna fishing ships and military patrol boats are currently sitting dormant, docked in the capital of Mozambique, Maputo. Together, these boats provide a daily physical reminder of the ongoing political scandal that…
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…
The Eurogroup of Eurozone Finance Ministers has finally agreed to begin discussions on debt relief for Greece. However, initial proposals developed by the European institutions do little to address Greece’s…
Proposed terms will cut debt but increase interest rate, leaving Mozambique no better off, despite crash in commodity prices reducing ability to pay Mozambique is trying to restructure the terms…