Speculators make 13% despite Ebola crisis in DR Congo
No money paid out from pandemic insurance scheme because Ebola has not crossed into a second country Scheme is the latest to use public money to fund private sector profits…
Sierra Leone President appeals for help over debt burden
• New President Julius Maada Bio says he has inherited a debt crisis • 73% of Sierra Leone’s debt is owed to multilateral institutions • Jubilee Debt Campaign warned that…
EU Court of Auditors criticism “should be final nail in coffin of PPPs”
The EU Court of Auditors have released a report today which says that “EU co-financed Public Private Partnerships (PPPs) cannot be regarded as an economically viable option for delivering public…
African Finance Ministers call for greater transparency of PPPs
Finance Ministers of low income Francophone countries have called for a range of measures to ensure the costs of Public-Private Partnerships (PPPs) are transparent. In a communique at the IMF…
Impoverished countries are being sold a dangerous private finance scheme
A new manifesto has been launched by civil society organisations from all over the globe, to condemn this exploitative financial practice
The new developing world debt crisis
A new debt crisis has begun in impoverished countries. The UK needs to take responsibility now for the debt contracted under English law. Read the 4 page briefing here. Summary A…
Campaign improves IMF debt assessments, but risk of crises continues to increase
The IMF and World Bank have agreed some positive changes to their system for monitoring debts of impoverished countries, though some large issues have been ignored. The system, known as…
Ghana’s debt crisis worse than IMF expected, as lenders continue to profit
The IMF has completed the fourth review of its programme in Ghana, agreeing to disburse a further $95 million of loans, taking total loans to $565 million. The IMF has…
UK government promotes rip-off health PFI schemes abroad which it disowns at home
Liam Fox, Jeremy Hunt, Boris Johnson and Priti Patel have all criticised the costs of PFI schemes in the UK, yet their departments are all actively promoting similar schemes in…
Double standards: How the UK promotes rip-off health PPPs abroad
This report (24 pages) concerns Public Private Partnerships (PPPs) in healthcare, known in the UK as the Private Finance Initiative (PFI) It exposes how such PPPs have been an expensive…
