Bondholders will be repaid a third more than government creditors including China and the UK under the restructuring deal agreed with Zambia, even though they lent at higher interest rates…
Reacting to the G20 leader’s statement section on debt in low- and middle-income countries[1], Tim Jones, Head of Policy at Debt Justice said: “A tidal wave of debt crises is…
The G20 Finance Ministers met today and issued a communiqué that offered no new action on the debt crisis in lower income countries. Reacting to the communique, Tim Jones, Head of…
Lower income countries which applied for scheme have spent $36.4 billion on external debt payments during the pandemic, and had just $10.9 billion suspended or cancelled Private creditors received the…
For immediate release 26 January 2021 Jubilee Debt Campaign welcomes IDC calls for government action on Covid-19 debt crisis in developing countries, but says ‘encouraging’ action by private lenders isn’t enough Calls for UK…
Despite making debt transparency one of the key items for discussion this year, the 20 have failed to take decisive action to improve debt and loan transparency. In the final…
UK Prime Minister calls for implementation of 2017 guidelines But UK government itself has been unwilling to implement these limited guidelines for loans from UK-based banks and companies G20 governments…
Jubilee Debt Campaign reaction to the G20 summit in Cannes
