Stop the Global Debt Iceberg! Protest at Africa PPPs conference, 10 Nov
In the UK the Private Finance Initiative is crippling public services. Now the UK and the City of London are exporting this debt iceberg around the world.
Tanzania hit by costs of public-private partnerships
Cost of energy public-private partnership has added $200 million to Tanzanian government debt at same time as electricity prices have been hiked to among the highest on African continent Read…
‘Agreement’ on Greece debt is an outrageous imposition
In response to the deal with Greece being reached over the debt crisis: Tim Jones, economist at the Jubilee Debt Campaign said: “This is not an agreement but an outrageous…
The new debt trap: How the response to the last global financial crisis has laid the ground for the next
Executive summary also available in French and Portuguese (8 pages). This report (40 pages) and its executive summary (8 pages) investigates the debts owed by countries as a whole – both…
Ten years since historic debt cancellation agreement, new crises threaten Africa
Lending levels to the most impoverished countries in the world have tripled, ten years after the G7 finance ministers agreed a debt cancellation deal for low income countries, potentially setting…
Boom in lending to impoverished countries threatens ‘Greece style’ debt crisis
Figures calculated by the Jubilee Debt Campaign, based on recently released data from the World Bank, show that loans to impoverished country governments have increased by 40% in just one…
Welcome for Ebola debt relief, but warning over impact of new loans
Reacting to the announcement by the IMF that it will cancel almost $100 million of debt owed by Guinea, Liberia and Sierra Leone, whilst lending $160 million in new loans,…
Sierra Leone to pay $1.75 million IMF debt on Christmas Eve
Take Action: Call on the IMF to cancel all the debt now The IMF is going back on a pledge made by the G20 to cancel debts of Ebola countries,…
Aid rules tightened, but still allow profit to be made from loans
Western countries, through the OECD, have agreed new rules for themselves on when they are allowed to call loans ‘aid’. The new rules restrict the terms on which loans can…
Battle over whether G20 ‘deal’ will leave Ebola countries more indebted
• Campaigners call for debt relief not more loans as WHO admits off-track in bringing the disease under control • Over two weeks have passed since G20 $300 million pledge…