Removing the stigma from debt means tearing down the current system
Debt Awareness Week 2025 “There’s no better way to justify relations founded on violence, to make such relations seem moral, than by reframing them in the language of debt –…
Response to the publication of the government’s green paper on welfare reform
For more information and interviews contact Toby Murray on +44 7593 263947 Responding to the publication of the government’s green paper on welfare reform, Heidi Chow, Executive Director of Debt…
Private lenders: Why their arguments against a new law don’t stack up
Banks, hedge funds and asset managers have been lobbying vigorously against proposals to ensure private lenders take part in debt relief. They are using exactly the same arguments as 15…
Reaction to IMF board approval of $3bn loan to Pakistan
For more information and interviews contact Jerome Phelps on +44 7307 620372 The IMF has agreed to disburse a loan of $3 billion to Pakistan, following other new loans from…
Pre-pay energy customers £1 billion in debt
For immediate release 01/04/23 New figures from Debt Justice reveal that pre-pay energy users are being weighed down by £965 million of energy debt as households are hit by ‘price…
Over 100 experts call on BlackRock to cancel Zambia’s debt
Over 100 economists and development experts have called on BlackRock and other creditors to cancel a significant amount of Zambia’s debt. In an open letter released today, the signatories –…
Ghana needs debt cancellation, not private lender bailout
Ghanaian civil society organisations have called for Ghana’s debt to be cancelled, rather than an IMF loan bailing out private lenders.[1] In a statement released today they say any IMF…
BlackRock could make 110% profit out of Zambia’s debt crisis
Jubilee Debt Campaign has estimated that asset manager BlackRock could make $180 million profit for itself and its clients out of its investment in Zambian bonds if the debts are…
IMF loans must not be used to bail out Zambia’s private lenders
The IMF has announced that its staff have reached an agreement with the government of Zambia on a $1.4 billion loan over three years. The only information about the programme…
Zambia’s lenders should accept large debt write-down
Zambia, which spends four times more on external debt payments than public healthcare, could default on 14th November If paid in full, some bondholders could make 250% profit Jubilee Debt…
