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Lower-income country debt payments have hit their highest level for 35 years, after more than trebling since 2010. Average debt payments for 56 lower-income countries reached 19.2% of government revenue…
On Friday 30 January official creditors including China and France rejected a debt restructuring deal between Ethiopia and its bondholders, saying it was a “very low restructuring effort“.[1] Debt Justice…
Bondholders have reached a debt restructuring deal with the Ethiopian government that could see them paid 28% more than government creditors. The deal comes after some bondholders, including VR Capital…
Economists Jayati Ghosh, Joseph Stiglitz, Thomas Piketty, Martin Guzmán and Yanis Varoufakis are among 120 experts who have called for an immediate suspension of Sri Lanka’s external debt payments following…
Ethiopia’s bondholders are pushing to get paid over 50% more than government creditors through participating in debt relief. New calculations by Debt Justice and Afrodad also show that bondholders could…
For more information and interviews contact Toby Murray on +44 (0)300 040 0011 Responding to the chancellor’s announcement that household bills will be reduced by an average of £150 a year, Heidi Chow, Executive Director of…
For more information and interviews contact Toby Murray on +44 (0)300 040 0011 Responding to the OBR’s Economic and fiscal outlook, out today that shows the government will introduce a…
For more information and interviews, contact Jerome Phelps on +44 (0)300 040 0011 In response to the destruction caused by Hurricane Melissa in the Caribbean, Richard Jones, Executive Director of…
For more information and interviews contact Toby Murray on +44 (0)300 040 0011 Ofgem has announced the first phase of its scheme to address the record £4.4bn energy debt that…
For more information and interviews contact Toby Murray on +44 (0)300 040 0011 Use of bailiffs by local authorities in England and Wales has increased by 30% in just two…