A rare chance for real change
Campaigners demand action on the debt crisis at the preparatory meetings for FFD4 in New York, April 2025.
Debt and austerity driving authoritarianism across Global South countries, new report warns
For more information and interviews contact Jerome Phelps on +44 (0)7716 200346 Global debt and austerity policies are fuelling the rise of authoritarianism across the Global South, according to a…
IMF and World Bank meetings spark global protests for debt cancellation
The International Monetary Fund (IMF) and World Bank are two of the biggest development banks in the world. Their lending policies have profound impacts on millions of people in lower…
300 organisations demand debt cancellation
300 organisations from 56 countries demand debt cancellation for developing countries, as IMF and World Bank meetings take place in Washington Demonstrations will take place across the world to coincide…
African governments owe three times more debt to private lenders than China
African governments owe three times more debt to Western banks, asset managers and oil traders than to China, and are charged double the interest, according to research released today by…
Reaction: G7 should tackle private lenders rather than blame China
Reacting to the G7 Finance Ministers statement released today at the end of their summit[1], Tim Jones, Head of Policy at Debt Justice said: “To tackle the debt crisis in…
G7 responsible for over half of lower income country debt payments
New calculations released by anti-poverty campaigners Debt Justice today show that G7 countries are responsible for 51% of external debt payments by lower income countries. On the same basis, China…
Zambia edges towards debt default, but bondholders could make millions
• Zambia spends four times more on external debt payments than public healthcare • Real public spending per person has fallen by 18% in recent years, as the debt crisis…
Guide to understanding and accessing debt information
This guide, available in English, French, Spanish and Portuguese aims to help civil society organisations, journalists and interested citizens find and understand information on government debt. Accessing information is vital to…
Calls grow for debt moratorium for poor countries
African Finance Ministers call for suspension of all interest payments World Bank Head calls for suspension of all interest and principal payments to other governments African Finance Ministers have called…
