Commodity price crash causes debt payments to soar
Effective interest rates on World Bank loans reaching 9%, whist on private sector loans hits 27% Over recent months there has been a crash in prices for commodities – metals,…
Boom in lending to impoverished countries threatens ‘Greece style’ debt crisis
Figures calculated by the Jubilee Debt Campaign, based on recently released data from the World Bank, show that loans to impoverished country governments have increased by 40% in just one…
Calls on UK government to prevent debt crises
Eighteen organisations from the UK and Global South have written to British Minister for International Development Justine Greening calling for support for a range of measures to prevent debt crises…
MPs are wrong to call for more aid to be ‘given’ as loans
Our response to the International Development Select Committee's report on the future of aid.
Lending boom as IMF and World Bank account for almost half of loans
Figures released by the World Bank have revealed that lending to low income country governments is booming, increasing by 30 per cent in just one year. Almost half of the…
Climate Loan Sharks
How the UK is making developing countries pay twice for climate change In Climate Loan Sharks, Jubilee Debt Campaign and the World Development Movement reveal that the UK is pushing…
