Negotiations on debt relief for Zambia finally set to begin
Over the weekend, China, the UK and other government lenders agreed to negotiate a debt restructuring with Zambia. The move was met with headlines such as “China agrees landmark debt…
Bishops demand cancellation of debts plunging countries into hunger
Anglican Bishops from around the world today united to call on the UK Government to lead the world in compelling lenders to cancel debts that are plunging communities in low…
Campaign success: Cancel Ukraine’s debt
Ukraine’s lenders have agreed to campaigners’ demands to suspend the country’s debt repayments for around two years. This will free up billions of dollars to enable the Ukrainian people to…
Ukraine to suspend foreign debt repayments
Press reaction 20 July 2022 For more information and interviews contact Jerome Phelps on +44 (0) 7906 813716 Ukraine is today expected to take the first step towards defaulting on…
Long Read: Sri Lanka’s Debt Crisis
Behind the food and fuel shortages causing Sri Lanka’s protests lie unmanageable debts to the West. The only answer to worsening humanitarian catastrophe is an immediate write-off. This article first…
Ghana needs debt cancellation, not private lender bailout
Ghanaian civil society organisations have called for Ghana’s debt to be cancelled, rather than an IMF loan bailing out private lenders.[1] In a statement released today they say any IMF…
African governments owe three times more debt to private lenders than China
African governments owe three times more debt to Western banks, asset managers and oil traders than to China, and are charged double the interest, according to research released today by…
Work with us
We are looking for a Community Organiser, based in Glasgow, to work with us on a short-term, freelance basis to support organising with people in debt. Dates / Hours /…
Countries in debt crisis cut public spending in face of soaring prices
New figures released today by anti-poverty campaigners Debt Justice show that countries in debt crisis are expected to spend less in 2023 than in 2019, despite the urgent need for…
Why we need a debt jubilee
A guest post from Adele Walton, writer and journalist This weekend, the head of the British Monarchy marked 70 years of reign, where £28 million of taxpayers money was committed…