A rare chance for real change
Campaigners demand action on the debt crisis at the preparatory meetings for FFD4 in New York, April 2025.
Private lenders to make $14 billion profit after debt relief deals
New research released today by Debt Justice[1] shows that private lenders will still make $14 billion profit on loans to lower-income countries, even after agreeing limited debt relief.[2] The research…
Sri Lanka’s bondholders to get repaid 20%-45% more than governments
New analysis released today shows that Sri Lanka’s bondholders are set to be repaid significantly more than government creditors such as China, under the in-principle restructuring deal agreed in early…
Online Event: Debt, colonialism and power
Both Ghana and Sri Lanka’s debt deals have collapsed in recent weeks, undermined by greedy private lenders who are refusing to cancel unjust debt. We’re facing the worst global debt crisis…
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…
Bondholders could make $30 billion profit by refusing to cancel debts
The big finance firms that own the debts of five countries in a debt crisis are set to collectively make $20-$30 billion of profit if they refuse to cancel debt…
Event: 70th Anniversary of Germany’s debt cancellation
Debt Cancellation: Who calls the shots?27 February, 19:00 GMT Is debt cancellation realistic? With multiple crises happening around the world – climate, pandemics, and recessions- debt cancellation seems like an…
Developing county borrowing costs increase 7 times more than US in past year
Interest rates on new developing country borrowing increased by an average of 2.2 percentage points over the course of 2018. Yields on low- and lower-middle income country debt, calculated by…
