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…
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…
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…
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…
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…
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…
182 economists and development experts have called for debt cancellation for Sri Lanka to help it out of its current economic crisis. In a statement released today, the signatories –…
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…
