Reaction to IMF board approval of $3bn loan to Pakistan
For more information and interviews contact Jerome Phelps on +44 7307 620372 The IMF has agreed to disburse a loan of $3 billion to Pakistan, following other new loans from…
Campaign win: we’ve stopped energy bills going up to pay for bad debt
We’re so happy to let you know that we’ve scored an important victory in our End Energy Debt campaign. Recently, we emailed supporters about a consultation that the energy regulator…
Banks break own rules to hide over $30 billion of loans to lower income countries
In a new briefing released today, Debt Justice reveals that multinational banks have failed to disclose over $30 billion of loans to lower income countries. In 2019, banks agreed to…
Zambia’s private creditors need to cut debt payments by more than 50%
In new analysis released today, the Zambian Civil Society Debt Alliance and Debt Justice estimate that Zambia’s private creditors need to cut the relative size of debt payments by over…
12.8 million UK adults weighed down by debt
New analysis by Debt Justice has found that the number of households struggling under a heavy debt burden has increased by two thirds since 2017. Based on the Financial Conduct…
What happened at the Paris Summit?
The two day ‘Summit for a new Global Financial Pact’ has just finished in Paris. Promoted as a chance to bring together countries to “build a more responsive, fairer and…
Summit for a New Global Financing Pact fails to deliver on debt
For more information and interviews contact Tim Jones on +44 7307 620372 Responding to the outcome of the Summit for a New Global Financing Pact held in Paris this week,…
Reaction to debt relief deal for Zambia
Today it has been reported that Zambia’s official creditor committee announced it has reached a deal to restructure Zambia’s debt. Reacting to the announcement Isaac Mwaipopo, Executive Director of the…
The global debt crisis and the need for reparations
More and more global South and civil society leaders have started calling not just for debt cancellation but for reparations. But what does this mean and what is being called…
The Paris summit: Progress or procrastination in the fight for debt cancellation?
This week, many world leaders will be gathering in Paris for a summit hosted by President Macron. Self-titled the “Summit for a New Global Financing Pact” This pact promises to…
