Today the UK government has announced that new lending UK Export Finance makes to low-income countries and small island states will include clauses to defer payments when countries are hit…
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…
John Glen MP, Economic Secretary to the Treasury, has replied to MPs about our campaign to stop secret loans. We are calling for measures to ensure all loans to governments…
The UK’s Department for International Development is considering using aid money to subsidise lower interest rates for export credits for some low income countries. Export credits are government backed loans…
Debt deal with Cuba includes cancelling late interest calculated with huge 11% interest rate £139 million of ‘made-up money’ will count as UK aid and contribute towards meeting the UK…
Commenting ahead of UK Prime Minister David Cameron’s visits to Jamaica and Grenada this week, Tim Jones from the Jubilee Debt Campaign, said: “Jamaica has been burdened by an unpayable…
In a report released today, the UK government has revealed it guaranteed £132 million of loans to the Indonesian government for arms sales in the last year, along with further…
“Debt trial of the century” could cause financial shockwaves Over 100 British Members of Parliament have signed a motion supporting action to prevent vulture funds profiteering from Argentina and forcing…
The Paris Club group of rich countries has announced it has reached an agreement for Argentina to begin repaying up to $9.7 billion, double the size of the original debt.…
The Scottish government have signalled that they would take action to deal with unjust debts inherited from the UK, if there is a yes vote in 2014’s independence referendum. The…