Ecuador to help Tunisia audit debt
The Tunisian government has asked Ecuador for advice on conducting an audit into debts inherited from the Ben Ali regime. The Ecuador government will be sending a mission to Tunisia…
The Tunisian government has asked Ecuador for advice on conducting an audit into debts inherited from the Ben Ali regime. The Ecuador government will be sending a mission to Tunisia…
Sierra Leone’s government external debt payments are increasing. The IMF estimates they will account for between 7 and 9 per cent of government revenue between 2012 and 2017; $30 million…
The International Monetary Fund and World Bank have announced that the West African country of Guinea will get $2.1 billion of debt cancelled. This amounts to around two-thirds of the…
A new report has found social and economic improvements in Bolivia since debt cancellation in 2005, but other factors are also responsible. Fundación Jubileo (Jubilee Bolivia) have released research on…
Belize has effectively defaulted on its debt, having missed a $23 million interest payment due on 20 August. Creditors are refusing a restructuring offer from one of the most heavily indebted…
Investigation to find if loans were stolen and taken out of country. Tunisian President Moncef Marzouki has announced his government plans to audit debts it owes, with the intention of…
Protests against conditions and usury. The Egyptian government has announced it is in negotiations with the IMF on a $4.8 billion loan. The loan is likely to be disbursed over…
Today the Norwegian Minister of Development announced that Norway will make an assessment of the legitimacy of developing countries’ debt to Norway. This means that the government will be the…
Pakistan’s National Assembly is to form a committee to investigate the country’s debt. Both government and opposition have agreed a bipartisan investigation which will look into the benefits and costs…
Campaigners dressed as ‘zombie bankers’ outside the Irish embassy in London this morning to show their support for a newly formed Irish group Debt Justice Action.