Argentina debt crisis inevitable failure of IMF bailout
IMF broke own rules to agree loans last year without a debt restructuring taking place By bailing out reckless lenders, the IMF repeats the same mistakes it made in Greece…

IMF broke own rules to agree loans last year without a debt restructuring taking place By bailing out reckless lenders, the IMF repeats the same mistakes it made in Greece…
Failure to publish means lenders still being guided by old ‘low risk’ rating Lesotho moves from low risk to moderate, while Timor-Leste moves from moderate to low risk The government…
$449 million of loans agreed but no reduction in debt principal owed Debt negotiations with private commodity traders are still ongoing The IMF has agreed $449 million of loans to…
External debt payments by developing country governments grew by 85%, as a proportion of government revenue, between 2010 and 2018 For the countries with the highest payments, in two-thirds public…
In recent weeks there have been several arrests in Mozambique connected to the $2 billion secret loan scandal. This could indicate that the Mozambique government is now more willing to…
The legitimacy of the debt must be challenged and proposals for a public debt audit resuscitated. Dan Ozarow is Chair of Jubilee Debt Campaign’s Academic Advisory Network and member of Action…
In November the IMF agreed a new $172 million loan programme with Sierra Leone, spread over the next 3 and a half years, until mid-2022. At the same time, the…
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…
This is a guest post by Sunit Bagree, Senior Campaigns Officer, Action for Southern Africa (ACTSA), based on a talk given at the Jubilee Debt Campaign event ‘Breaking the chains: 1998…
• 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…