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New research released today by Debt Justice[1] shows that private lenders will still make $14 billion profit on loans to lower-income countries, even after agreeing limited debt relief.[2] The research…
New analysis released today shows that Sri Lanka’s bondholders are set to be repaid significantly more than government creditors such as China, under the in-principle restructuring deal agreed in early…
Ghana’s bondholders must cut debt payments by 50% if they are to match the terms agreed by governmental creditors such as China and the UK. New figures released today by…
Debt payments for the countries most vulnerable to climate change are set to hit their highest level in over 30 years. New figures released today by Debt Justice, calculated from…
The majority of African countries spent more repaying external debts than on healthcare or education – and in some cases both – last year as the continent experiences its worst…
Responding to reports that Sri Lanka’s bondholders have rejected a restructuring proposal, Heidi Chow, Executive Director of Debt Justice said: “Once again banks, asset managers and hedge funds are refusing…
Reacting to the news that Ghana’s bondholders have rejected a restructuring proposal, Bernard Anaba, Public Policy Specialist at the Integrated Social Development Centre (ISODEC) in Ghana said: “The breakdown in…
The steering committee for Zambia’s bondholders and the Zambian government have announced they have reached an agreement to restructure Zambia’s debt, which has been accepted by public sector creditors. Reacting…
Press release – for immediate release New polling has indicated that a record 6.7 million people in Britain are now in financial difficulty. [1] Polling conducted for Debt Awareness Week…
Abolishing Debt Relief Order fees is an important first step in tackling the household debt crisis. Charging fees to people in debt crisis counterproductive.
