10 key facts which show the truth about the UK’s debt crisis
• Amount of interest being paid on government debt is at virtually the lowest level since records began • But the UK economy has the highest deficit with the rest…
African Finance Ministers call for greater transparency of PPPs
Finance Ministers of low income Francophone countries have called for a range of measures to ensure the costs of Public-Private Partnerships (PPPs) are transparent. In a communique at the IMF…
Hidden debts contribute to crisis in Congo
Questions still to be answered about scale of hidden debts and who loans were from Congo and Chad both cannot repay, but negotiations complicated by loans backed by oil The…
Impoverished countries are being sold a dangerous private finance scheme
A new manifesto has been launched by civil society organisations from all over the globe, to condemn this exploitative financial practice
Campaign improves IMF debt assessments, but risk of crises continues to increase
The IMF and World Bank have agreed some positive changes to their system for monitoring debts of impoverished countries, though some large issues have been ignored. The system, known as…
Guide to responding to MPs about odious loans to Mozambique
Thank you for writing to your MP about odious loans by UK banks to Mozambique. If you have not done so yet, please take action now. In 2013, two London-…
Students at risk of dangerous stress levels due to rising debts
Poorer students are hit hardest by escalating debts, many students are going hungry, and the psychological pressure is high
Indebted Caribbean islands need urgent debt relief
As the devastation from recent hurricanes in the Caribbean becomes clearer, the calls for debt relief for affected countries grows stronger. In Dominica, 98% of the buildings are damaged, with…
Welcome for Labour Private Finance Initiative announcement
Reacting to John McDonnell’s announcement that the Labour party will bring existing PFI contracts back in-house, and that the Labour party will “End the UK government’s financial and advisory support…
Liam Fox visits Mozambique: Calls for UK to take responsibility for role in debt crisis
The UK Secretary of State for International Trade Liam Fox is visiting Mozambique this week. The country is in a debt crisis after Mozambican officials borrowed $2 billion from the…
