Ghana bondholders must cut debt by 50% to match UK and China debt relief
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…
Climate vulnerable countries debt payments highest in three decades
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…
Africa experiencing worst debt crisis in a generation
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…
Private lenders reject a debt relief deal with Sri Lanka
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…
Private lenders reject Ghana debt relief deal
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…
Zambia reaches debt deal with bondholders
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…
Record numbers falling behind on household bills as people in debt call for change
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…
Budget response: Abolishing Debt Relief Order fees important first step in tackling the household debt crisis
Abolishing Debt Relief Order fees is an important first step in tackling the household debt crisis. Charging fees to people in debt crisis counterproductive.
Reaction to debt relief deal for Ghana
For more information and interviews contact Jerome Phelps on +44 7307 620372 The Ghanaian government has reported that Ghana’s official creditor committee has reached a deal to restructure the country’s…
New tree to commemorate the Birmingham Human Chain
Immediate release BIRMINGHAM ACTIVISTS TO PLANT TREE TO REMEMBER THE CITY’S CONTRIBUTION TO GLOBAL DEBT JUSTICE PHOTOS OF THE HUMAN CHAIN CAN BE FOUND HERE LINK Contact Heidi Chow for…