South Sudan ordered to pay Afreximbank $657m by UK High Court
FOR IMMEDIATE RELEASE For more information and interviews contact Jerome Phelps on +44 7817 628196 15 May 2025 – South Sudan has been ordered by the High Court in London…
Debt payments lead to falling public spending as austerity bites
Countries with high debt burdens are suffering from years of austerity, with public spending lower in 2023 than 2015. The new research, released today by Debt Justice, finds that lower-income…
“A Living Nightmare”: Tower Hamlets in Top 20 in England and Wales for Bailiff Use, Say Debt Campaigners
For more information and interviews contact Toby Murray on +44 7307 620372 New analysis from campaign group Debt Justice has found that Tower Hamlets council are among the top users…
Response to the Chancellor’s spring statement
For more information and interviews contact Toby Murray on +44 7307 620372 Responding to the Chancellor’s spring statement, Heidi Chow, Executive Director of Debt Justice said: “Doubling down on cutting…
Response to the publication of the government’s green paper on welfare reform
For more information and interviews contact Toby Murray on +44 7593 263947 Responding to the publication of the government’s green paper on welfare reform, Heidi Chow, Executive Director of Debt…
Reaction to Ethiopia bondholders threatening legal action
For more information and interviews contact Jerome Phelps on +44 7307 620372 Ethiopia’s ad hoc bondholder committee has criticised the IMF over the fund’s projections for Ethiopia’s exports and other…
Reaction to Development Minister speech on debt
Reacting to minister for development Anneliese Dodd’s speech at the London Stock Exchange today, Heidi Chow, Executive Director of Debt Justice, said: “The government has rightly made tackling unsustainable debt in…
UK campaign calls for major debt cancellation in Jubilee year
A consortium of charities are today warning that that high debt servicing costs are preventing Global South governments from spending on vital public services such as education and health and…
Bondholders would still make 30% profit from rejected Ethiopia deal
New research released today finds that Ethiopia’s bondholders would still make 30% profit from the government’s proposed debt restructuring deal. The briefing also concludes that IMF debt sustainability targets could…
Lower-income country debt payments hit highest level in 30 years
Lower-income country debt payments have trebled in the last decade, according to figures calculated by Debt Justice based on IMF and World Bank data. The calculations show that external government…
