Chad at high risk of another debt default after restructuring
• Restructuring of Glencore loans reduces interest rates and extends maturity by four years • IMF accepts minimum needed to make debt ‘sustainable’, while country remains at high risk of…
Ghana’s debt situation worsens as lenders continue to be bailed out
• IMF projections for debt, revenue and interest all over-optimistic • But public spending cut by more than initially planned • Debt crisis expected to continue for next twenty years,…
We still need a debt jubilee: 20 years on from the Birmingham human chain
Twenty years ago today, as a wide-eyed 16 year old, I went on my first ever protest. Travelling to Birmingham with a group from my church, we joined 70,000 others…
Developing country debt payments increase by 60% in three years
• Government external debt payments reach highest level since 2004 following lending boom and commodity price falls in recent years • Figures released before US Federal Reserve meeting where further…
All over the world debt injustice hurts women most
From austerity in the UK, to the new debt crisis in Africa, the effects of debt-servicing and policy conditions are not gender-neutral.
The truth about the UK’s debt: 10 key facts
Debt has been one of the main issues facing the UK economy. Austerity policies have been introduced in the name of reducing the UK government’s debt. But what do we…
The new developing world debt crisis
A new debt crisis has begun in impoverished countries. The UK needs to take responsibility now for the debt contracted under English law. Read the 4 page briefing here. Summary A…
Ghana’s debt crisis worse than IMF expected, as lenders continue to profit
The IMF has completed the fourth review of its programme in Ghana, agreeing to disburse a further $95 million of loans, taking total loans to $565 million. The IMF has…
Ghana@60: Independent and in debt
This short educational resource (12 pages) explains why Ghana is back in a debt crisis a decade after debt relief, and what options the country has now. A new debt crisis…
Debt justice and the 2017 general election
Ahead of the 2017 general election, Jubilee Debt Campaign have produced a short guide and suggested question for four vital issues: The UK’s role in Africa’s debt crisis The global debt…
