Lending boom as IMF and World Bank account for almost half of loans
Figures released by the World Bank have revealed that lending to low income country governments is booming, increasing by 30 per cent in just one year. Almost half of the…
UK government to give ‘aid’ as loans
Bilateral lending to come on top of aid already given as loans through the World Bank and others.
Ministers planning to massage aid figures when cancelling unjust debt
UK ministers are planning to use cancellation of a made-up debt to help meet their overseas aid target. Sudan currently ‘owes’ £678 million ($1bn) to the UK, and might qualify…
