Caribbean churches call for debt relief in response to disasters
• Urgent call for debt relief after one of most devastating hurricane seasons in history • Damage in Dominica from Hurricane Maria estimated at 330% of GDP Representatives of Churches…
Press release: call for a household debt jubilee
Anti-poverty campaigners will today (Tuesday 6th March) call on the Government, the Bank of England and the Financial Conduct Authority (FCA) to instigate a Household Debt Jubilee in order to…
The case for a household debt jubilee
This briefing makes the case for writing off around £40 billion of ‘unjust’ household debt in the UK. A decade since the onset of the global financial crisis, outstanding household debt…
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…
Release of audit raises huge questions over $2 billion loans to Mozambique
A condition of Credit Suisse to get the loans signed off by the Bank of Mozambique was dropped in order for the loans to be given Credit Suisse and VTB…
Campaigners warn against IMF endorsement of Greece bailout
Commenting ahead of the meeting of the Eurogroup, Greece and IMF on Thursday 15 June, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign, said: “If it signs up to the…
Global debt crises and threats increase across the world
Twenty-seven countries across the world are in debt crisis, with a further 80 at risk of being so, according to new figures released for World Debt Day on 16 May.…
Mozambican campaigners demand cancellation of secret debt before the IMF lends again
Update 26 April: The Managing Director of the IMF Christine Lagarde has responded to this statement here Campaigners in Mozambique have called for secret debts to be cancelled before the…
Global South debt payments increase almost 50% in two years
• Government external debt payments reach highest level in the last decade following commodity price falls and rising value of the US dollar • Figures released before US Federal Reserve…
IMF refuse to cancel Haiti debt as hurricane not ‘catastrophic’
The damage caused by Hurricane Matthew in October has led the IMF and World Bank to assess Haiti as being at high risk of not being able to pay its…
