Lower income countries which applied for scheme have spent $36.4 billion on external debt payments during the pandemic, and had just $10.9 billion suspended or cancelled Private creditors received the…
In Chad, pregnant women are putting off going to important but expensive health check-ups, and their families are paying over a third of a month’s income upfront to get through…
$449 million of loans agreed but no reduction in debt principal owed Debt negotiations with private commodity traders are still ongoing The IMF has agreed $449 million of loans to…
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…
Yields on African countries’ debts have increased by more than for countries such as the US and UK Calculations by the Jubilee Debt Campaign have shown that the future borrowing…
