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INVOLVEDDONATE
Total debt owed by governments, companies and individuals to individuals, companies or governments in other countries is $101 trillion as of 2019. This is equivalent to $13,000 per person, or 115% of global income. Through the early 2000s it grew to 113% of global income in 2007, before falling slightly after the global financialcrisis of 2008.
COUNTRIES ARCHIVE
The total foreign debt owed by the private sector can dwarf that of governments, for example in Spain, Ireland, Iceland and the UK. Though the UK ranks 98th most indebted country in the world in the net debt league, its private sector debt is a massive 364 per cent of GDP, putting it fourth on that measure. TELL THE BANKS TO CANCEL THE DEBT! Tell the banks to Cancel the Debt! 5 Mar 2021. Jubilee Debt Campaign. Many large banks and speculators – including Blackrock, JP Morgan, HSBC and UBS – continue to demand debt repayments from some of the poorest countries across Africa, Asia, South America and the Caribbean. This isn’t right. Right now, Africa is spending threetimes more
THE GOVERNMENT ANNOUNCES OUTCOME OF DEBT RELIEF ORDER The government has published the outcome of their consultation on Debt Relief Orders, one of the ways that people can access support if they are in problem debt. Back in February we set up an online action to help people who are in debt to feed directly into THE TRUTH ABOUT THE UK'S DEBT The UK government’s debt payment burden is low and its ability to borrow at record low interest rates is an opportunity. But that ability to borrow needs to be used wisely. Investments would best be made in areas that save public money in the future while tackling PASSING THE BUCK ON DEBT RELIEF: NEW BRIEFING ON THE G20 This joint briefing with Christian Aid, Global Justice Now and Oxfam, issued ahead of the G20 Finance Ministers meeting, shows that despite the G20 debt service suspension, many of the poorest countries are spending more on servicing debt payments than they are on life-saving public services. This paper examines the size of the private debt burden in these countries and makes a case for the ZAMBIA - JUBILEE DEBT CAMPAIGN UK The IMF predicts Zambia’s debt payments will triple from $60 million in 2010 to $180 million by 2015. One set of new loans is $60 million from the UK government, via the World Bank, for Zambia to adapt to the impacts of climate change. The Jesuit Centre for Theological Reflection says of the loans: “instead of reparations, the UK ispushing
GHANA: A DEBT CRISIS ROOTED IN COLONIALISM Ghana: A debt crisis rooted in colonialism. It’s been more than 60 years since Ghana achieved independence. But the economy shaped by colonialism faces a debt crisis and speculators continue to extract large profits from the country. Independence Arch in Accra, capital of Ghana (Joe Ronzio / Flickr) Ghana is in a debt crisis. MALAWI - JUBILEE DEBT CAMPAIGN UK Country case study The IMF and World Bank set conditions on Malawi to receive debt relief including removing support and subsidies for farmers. As well as delaying debt relief, these conditions contributed to food crises in 2001/02 and 2004/05. Having qualified for debt relief, Malawi reintroduced much of the government support which hadbeen removed,
AFRICA’S GROWING DEBT CRISIS: WHO IS THE DEBT OWED TO? 5 Graph 5. Disbursements of external debt to African governments, 2006-2017, $ billion11 [NB. The data for 2017 from both CARI and the World Bank may be incomplete. JUBILEE DEBT CAMPAIGN UKABOUT USTHE DEBT CRISISCAMPAIGNSNEWSGETINVOLVEDDONATE
Total debt owed by governments, companies and individuals to individuals, companies or governments in other countries is $101 trillion as of 2019. This is equivalent to $13,000 per person, or 115% of global income. Through the early 2000s it grew to 113% of global income in 2007, before falling slightly after the global financialcrisis of 2008.
COUNTRIES ARCHIVE
The total foreign debt owed by the private sector can dwarf that of governments, for example in Spain, Ireland, Iceland and the UK. Though the UK ranks 98th most indebted country in the world in the net debt league, its private sector debt is a massive 364 per cent of GDP, putting it fourth on that measure. TELL THE BANKS TO CANCEL THE DEBT! Tell the banks to Cancel the Debt! 5 Mar 2021. Jubilee Debt Campaign. Many large banks and speculators – including Blackrock, JP Morgan, HSBC and UBS – continue to demand debt repayments from some of the poorest countries across Africa, Asia, South America and the Caribbean. This isn’t right. Right now, Africa is spending threetimes more
THE GOVERNMENT ANNOUNCES OUTCOME OF DEBT RELIEF ORDER The government has published the outcome of their consultation on Debt Relief Orders, one of the ways that people can access support if they are in problem debt. Back in February we set up an online action to help people who are in debt to feed directly into THE TRUTH ABOUT THE UK'S DEBT The UK government’s debt payment burden is low and its ability to borrow at record low interest rates is an opportunity. But that ability to borrow needs to be used wisely. Investments would best be made in areas that save public money in the future while tackling PASSING THE BUCK ON DEBT RELIEF: NEW BRIEFING ON THE G20 This joint briefing with Christian Aid, Global Justice Now and Oxfam, issued ahead of the G20 Finance Ministers meeting, shows that despite the G20 debt service suspension, many of the poorest countries are spending more on servicing debt payments than they are on life-saving public services. This paper examines the size of the private debt burden in these countries and makes a case for the ZAMBIA - JUBILEE DEBT CAMPAIGN UK The IMF predicts Zambia’s debt payments will triple from $60 million in 2010 to $180 million by 2015. One set of new loans is $60 million from the UK government, via the World Bank, for Zambia to adapt to the impacts of climate change. The Jesuit Centre for Theological Reflection says of the loans: “instead of reparations, the UK ispushing
GHANA: A DEBT CRISIS ROOTED IN COLONIALISM Ghana: A debt crisis rooted in colonialism. It’s been more than 60 years since Ghana achieved independence. But the economy shaped by colonialism faces a debt crisis and speculators continue to extract large profits from the country. Independence Arch in Accra, capital of Ghana (Joe Ronzio / Flickr) Ghana is in a debt crisis. MALAWI - JUBILEE DEBT CAMPAIGN UK Country case study The IMF and World Bank set conditions on Malawi to receive debt relief including removing support and subsidies for farmers. As well as delaying debt relief, these conditions contributed to food crises in 2001/02 and 2004/05. Having qualified for debt relief, Malawi reintroduced much of the government support which hadbeen removed,
AFRICA’S GROWING DEBT CRISIS: WHO IS THE DEBT OWED TO? 5 Graph 5. Disbursements of external debt to African governments, 2006-2017, $ billion11 [NB. The data for 2017 from both CARI and the World Bank may be incomplete. WHAT WE DO - JUBILEE DEBT CAMPAIGN UK We’ve helped to bring about some big changes, including: $130 billion of debt cancellation for developing countries between 2000 and 2015, as part of the global Jubilee campaign. A UK Act of Parliament to protect 40 impoverished countries from being sued by vulture funds. But there is a lot more do to. And we need your help.COUNTRIES ARCHIVE
The total foreign debt owed by the private sector can dwarf that of governments, for example in Spain, Ireland, Iceland and the UK. Though the UK ranks 98th most indebted country in the world in the net debt league, its private sector debt is a massive 364 per cent of GDP, putting it fourth on that measure.DEBT DATA PORTAL
This portal by Jubilee Debt Campaign compiles key statistics and analysis on the debts of countries and governments. Click on the tabs below to access the analysis and data featured, and here to read more about sources.. Our own risk analysis, presented on the map below, finds that {{descriptionInfo.debt_crisis_countries_num}} countries across the world are suffering from a debt crisis. SIXTY-FOUR COUNTRIES SPEND MORE ON DEBT PAYMENTS THAN In 2020 the 76 IDA countries, a World Bank grouping of many of the world’s most impoverished countries, are due to spend at least $18.1 billion on debt payments to other governments, $12.4 billion to multilateral institutions and $10.1 billion to external privatecreditors.
EVENT: DEMANDING DEBT JUSTICE FOR GLOBAL RECOVERY AFTER Covid-19 exacerbated an already growing debt crisis across much of the global south. The pandemic threatens to push 150 million people into extreme poverty globally, but dozens of governments continue to spend more on their external debt than they do on healthcare. ZIMBABWE - JUBILEE DEBT CAMPAIGN UK Country case study Zimbabwe inherited a sizeable debt from Rhodesia, which grew through the 1980s due to drought, questionable development loans, and ‘aid’ loans from western governments tied to buying exports, including military aircraft. By 1990, to keep paying the debt, Zimbabwe had to take out bailout loans from the IMF and WorldBank. In return,
MALAWI - JUBILEE DEBT CAMPAIGN UK Country case study The IMF and World Bank set conditions on Malawi to receive debt relief including removing support and subsidies for farmers. As well as delaying debt relief, these conditions contributed to food crises in 2001/02 and 2004/05. Having qualified for debt relief, Malawi reintroduced much of the government support which hadbeen removed,
HAITI - JUBILEE DEBT CAMPAIGN UK Haiti’s debt had already increased to $1.15 billion following debt relief the previous year, and rose to $1.3 billion as new loans were given in the wake of the disaster. The public outcry led governments and the international financial institutions to drop Haiti’soutstanding debt.
MOZAMBIQUE'S SECRET LOANS: A SCANDAL THAT STARTED IN Tuna fishing ships and military patrol boats are currently sitting dormant, docked in the capital of Mozambique, Maputo. Together, these boats provide a daily physical reminder of the ongoing political scandal that has rocked this south-east African country and contributed to a major economic crisis. But the story begins in the offices of two banks in London, AFRICA’S GROWING DEBT CRISIS: WHO IS THE DEBT OWED TO? 1 Africa’s growing debt crisis: Who is the debt owed to? October 2018 Summary • African government external debt payments have doubled in two years, from an average of JUBILEE DEBT CAMPAIGN UKABOUT USTHE DEBT CRISISCAMPAIGNSNEWSGETINVOLVEDDONATE
Total debt owed by governments, companies and individuals to individuals, companies or governments in other countries is $101 trillion as of 2019. This is equivalent to $13,000 per person, or 115% of global income. Through the early 2000s it grew to 113% of global income in 2007, before falling slightly after the global financialcrisis of 2008.
DEBT DATA PORTAL
This portal by Jubilee Debt Campaign compiles key statistics and analysis on the debts of countries and governments. Click on the tabs below to access the analysis and data featured, and here to read more about sources.. Our own risk analysis, presented on the map below, finds that {{descriptionInfo.debt_crisis_countries_num}} countries across the world are suffering from a debt crisis. THE GOVERNMENT ANNOUNCES OUTCOME OF DEBT RELIEF ORDER The government has published the outcome of their consultation on Debt Relief Orders, one of the ways that people can access support if they are in problem debt. Back in February we set up an online action to help people who are in debt to feed directly into PASSING THE BUCK ON DEBT RELIEF: NEW BRIEFING ON THE G20 This joint briefing with Christian Aid, Global Justice Now and Oxfam, issued ahead of the G20 Finance Ministers meeting, shows that despite the G20 debt service suspension, many of the poorest countries are spending more on servicing debt payments than they are on life-saving public services. This paper examines the size of the private debt burden in these countries and makes a case for the SIXTY-FOUR COUNTRIES SPEND MORE ON DEBT PAYMENTS THAN The ten countries with the biggest difference between the proportion of government revenue spent on healthcare and external debt payments are Angola, Sri Lanka, Gambia, Republic of Congo, Ghana, Zambia, Laos, Lebanon, Pakistan and Cameroon. These ten all spent over 20% of government revenue on external debt payments in 2019. ZAMBIA - JUBILEE DEBT CAMPAIGN UK The IMF predicts Zambia’s debt payments will triple from $60 million in 2010 to $180 million by 2015. One set of new loans is $60 million from the UK government, via the World Bank, for Zambia to adapt to the impacts of climate change. The Jesuit Centre for Theological Reflection says of the loans: “instead of reparations, the UK ispushing
THE UK’S PPPS DISASTER: LESSONS ON PRIVATE FINANCE FOR THE 10 Feb 2017. Jubilee Debt Campaign. Public-Private Partnerships (PPPs) are a type of contract under which private companies build and operate public services and infrastructure, while much of the financial risk remains with the public body concerned. Download the briefing (PDF, 383k) >>. The UK was one of the first countries to develop PPPs in MOZAMBIQUE'S SECRET LOANS: A SCANDAL THAT STARTED IN Tuna fishing ships and military patrol boats are currently sitting dormant, docked in the capital of Mozambique, Maputo. Together, these boats provide a daily physical reminder of the ongoing political scandal that has rocked this south-east African country and contributed to a major economic crisis. But the story begins in the offices of two banks in London, REFLECTION: THE 1998 HUMAN CHAIN AROUND BIRMINGHAM CITY Reflection: the 1998 human chain around Birmingham city centre. 25 Jun 2018. Isabel Carter. Organiser Isabel Carter recounts the atmosphere on the streets of Birmingham twenty years ago when the call to ‘drop the debt’ was raised by citizens from around the country and the world. Well before 3 o’clock we all dutifully began moving towards AFRICA’S GROWING DEBT CRISIS: WHO IS THE DEBT OWED TO? 5 Graph 5. Disbursements of external debt to African governments, 2006-2017, $ billion11 [NB. The data for 2017 from both CARI and the World Bank may be incomplete. JUBILEE DEBT CAMPAIGN UKABOUT USTHE DEBT CRISISCAMPAIGNSNEWSGETINVOLVEDDONATE
Total debt owed by governments, companies and individuals to individuals, companies or governments in other countries is $101 trillion as of 2019. This is equivalent to $13,000 per person, or 115% of global income. Through the early 2000s it grew to 113% of global income in 2007, before falling slightly after the global financialcrisis of 2008.
DEBT DATA PORTAL
This portal by Jubilee Debt Campaign compiles key statistics and analysis on the debts of countries and governments. Click on the tabs below to access the analysis and data featured, and here to read more about sources.. Our own risk analysis, presented on the map below, finds that {{descriptionInfo.debt_crisis_countries_num}} countries across the world are suffering from a debt crisis. THE GOVERNMENT ANNOUNCES OUTCOME OF DEBT RELIEF ORDER The government has published the outcome of their consultation on Debt Relief Orders, one of the ways that people can access support if they are in problem debt. Back in February we set up an online action to help people who are in debt to feed directly into PASSING THE BUCK ON DEBT RELIEF: NEW BRIEFING ON THE G20 This joint briefing with Christian Aid, Global Justice Now and Oxfam, issued ahead of the G20 Finance Ministers meeting, shows that despite the G20 debt service suspension, many of the poorest countries are spending more on servicing debt payments than they are on life-saving public services. This paper examines the size of the private debt burden in these countries and makes a case for the SIXTY-FOUR COUNTRIES SPEND MORE ON DEBT PAYMENTS THAN The ten countries with the biggest difference between the proportion of government revenue spent on healthcare and external debt payments are Angola, Sri Lanka, Gambia, Republic of Congo, Ghana, Zambia, Laos, Lebanon, Pakistan and Cameroon. These ten all spent over 20% of government revenue on external debt payments in 2019. ZAMBIA - JUBILEE DEBT CAMPAIGN UK The IMF predicts Zambia’s debt payments will triple from $60 million in 2010 to $180 million by 2015. One set of new loans is $60 million from the UK government, via the World Bank, for Zambia to adapt to the impacts of climate change. The Jesuit Centre for Theological Reflection says of the loans: “instead of reparations, the UK ispushing
THE UK’S PPPS DISASTER: LESSONS ON PRIVATE FINANCE FOR THE 10 Feb 2017. Jubilee Debt Campaign. Public-Private Partnerships (PPPs) are a type of contract under which private companies build and operate public services and infrastructure, while much of the financial risk remains with the public body concerned. Download the briefing (PDF, 383k) >>. The UK was one of the first countries to develop PPPs in MOZAMBIQUE'S SECRET LOANS: A SCANDAL THAT STARTED IN Tuna fishing ships and military patrol boats are currently sitting dormant, docked in the capital of Mozambique, Maputo. Together, these boats provide a daily physical reminder of the ongoing political scandal that has rocked this south-east African country and contributed to a major economic crisis. But the story begins in the offices of two banks in London, REFLECTION: THE 1998 HUMAN CHAIN AROUND BIRMINGHAM CITY Reflection: the 1998 human chain around Birmingham city centre. 25 Jun 2018. Isabel Carter. Organiser Isabel Carter recounts the atmosphere on the streets of Birmingham twenty years ago when the call to ‘drop the debt’ was raised by citizens from around the country and the world. Well before 3 o’clock we all dutifully began moving towards AFRICA’S GROWING DEBT CRISIS: WHO IS THE DEBT OWED TO? 5 Graph 5. Disbursements of external debt to African governments, 2006-2017, $ billion11 [NB. The data for 2017 from both CARI and the World Bank may be incomplete. NEWS - JUBILEE DEBT CAMPAIGN UK Jubilee Debt Campaign statement in response to the Sewell report. Jubilee Debt Campaign is proud to add our name to this letter, coordinated by the Runnymede Trust, which condemns the recent report from the Commission on Race and Ethnic Disparities (the Sewell report), and we call for immediate action to be taken on. 9 Apr 2021.COUNTRIES ARCHIVE
The total foreign debt owed by the private sector can dwarf that of governments, for example in Spain, Ireland, Iceland and the UK. Though the UK ranks 98th most indebted country in the world in the net debt league, its private sector debt is a massive 364 per cent of GDP, putting it fourth on that measure. TELL THE BANKS TO CANCEL THE DEBT! Tell the banks to Cancel the Debt! 5 Mar 2021. Jubilee Debt Campaign. Many large banks and speculators – including Blackrock, JP Morgan, HSBC and UBS – continue to demand debt repayments from some of the poorest countries across Africa, Asia, South America and the Caribbean. This isn’t right. Right now, Africa is spending threetimes more
DEBT DATA PORTAL
This portal by Jubilee Debt Campaign compiles key statistics and analysis on the debts of countries and governments. Click on the tabs below to access the analysis and data featured, and here to read more about sources.. Our own risk analysis, presented on the map below, finds that {{descriptionInfo.debt_crisis_countries_num}} countries across the world are suffering from a debt crisis. THE TRUTH ABOUT THE UK'S DEBT The UK government’s debt payment burden is low and its ability to borrow at record low interest rates is an opportunity. But that ability to borrow needs to be used wisely. Investments would best be made in areas that save public money in the future while tackling A DEBT JUBILEE TO TACKLE THE COVID-19 HEALTH AND ECONOMIC All principal, interest and charges on sovereign external debt due in 2020 should be cancelled permanently, they should not accrue into the future. Cancelling debt payments is the fastest way to keep money in countries and free up resources to tackle the urgent health, social and economic crises resulting from the Covid-19 global pandemic. 2. GHANA: A DEBT CRISIS ROOTED IN COLONIALISM Ghana: A debt crisis rooted in colonialism. It’s been more than 60 years since Ghana achieved independence. But the economy shaped by colonialism faces a debt crisis and speculators continue to extract large profits from the country. Independence Arch in Accra, capital of Ghana (Joe Ronzio / Flickr) Ghana is in a debt crisis. MALAWI - JUBILEE DEBT CAMPAIGN UK Country case study The IMF and World Bank set conditions on Malawi to receive debt relief including removing support and subsidies for farmers. As well as delaying debt relief, these conditions contributed to food crises in 2001/02 and 2004/05. Having qualified for debt relief, Malawi reintroduced much of the government support which hadbeen removed,
AFRICA’S GROWING DEBT CRISIS: WHO IS THE DEBT OWED TO? 1 Africa’s growing debt crisis: Who is the debt owed to? October 2018 Summary • African government external debt payments have doubled in two years, from an average of REMEMBERING JUBILEE 2000 SUPPORTER IAN MARKS Remembering Jubilee 2000 supporter Ian Marks. 30 Jan 2018. Ann. There are many that have claimed credit for the success of the Jubilee 2000 movement in persuading world leaders to cancel the debts of more than 30 low income countries. But one man’s crucial part in building and supporting that movement – Ian Marks – has largely been ignored.*
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CORONAVIRUS:CANCELGLOBALSOUTHDEBTTake Action
WHO ARE WE?
We are a UK charity working to end poverty caused by unjust debt through education, research and campaigning.About us
WHY IS DEBT IMPORTANT? Too much debt causes poverty and inequality by extracting wealth andenriching the 1%.
Learn about debt
TAKE ACTION
Tell the new IMF chief to bail out people not banks. Write to Kristalina Georgieva.Act now
QUICK ANSWERS ABOUT DEBT * How big is global debt? The whole globe does not have any debt – the Earth does not owe Jupiter! Total debt owed by governments, companies and individuals to individuals, companies or governments in other countries is $74 trillion as of 2017. This is equivalent to $10,000 per person, or 100% of global income. Through the early 2000s it grew to a high of 113% of global income in 2007, before falling slightly after the global financial crisis of 2008. * When should debts not be repaid? Loans can be a useful way for a lender to share resources and enable investment that allows the loan to be repaid. However, lenders can knowingly lend money for a bad project, or changes in circumstance can mean the project fails. In such cases, it is only fair that the lender shares in this cost, rather than all of the burden being put on those who have borrowed the money, whether it is a country or an individual. This happens all the time with private companies but should also applyto governments.
In addition, debts can be illegitimate if the people paying them did not have a say in the decision to take them out and/or were harmed by what the loans enabled. For example, the UK government lent the Indonesian dictatorship of General Suharto money to buy tanks and warplanes that were then used to violently repress Indonesia’s own people. After the dictatorship fell, the UK insisted that the Indonesian people continue to pay back the debt. Finally, if there has to be a choice between repaying debt to a rich lender and meeting basic needs such as food, water, shelter, or basic services such as healthcare, it can only be right for the money to be spent on protecting human rights and providing for basic needs. Otherwise, debt is being prioritised over life itself. * What is a “debt jubilee”? A “debt jubilee” is a celebration when unjust debts are cancelled. The word ‘Jubilee’ comes from the Jewish sacred writings (the Old Testament of the Christian Bible). It was a periodic celebration in ancient times when debts were cancelled, slaves freed, land returned to its original owners and fields left fallow. All of these actions were linked. For peasants in the Middle East at the time, if they had a bad harvest, they would get into debt. Then in order to pay this debt they would be forced to sell their land. And finally they would have to sell themselves and their family into slavery. Cancelling debt and freeing slaves was undoing thisinjustice.
There is historical evidence for debt jubilees – cancellations – in Babylon, dating back almost 4,000 years. Such cancellations happened in response to peasant uprisings. The idea of a debt jubilee has continued to inspire people through history. In the 1990s, campaigners for debt cancellation for countries in the global south decided to call for a Jubilee for the year 2000. Jubilee Debt Campaign is the organisation in the UK which has continued and evolved that campaign. * Does Britain have a debt crisis? Yes, but not the one that is usually reported. The UK government’s debt is 89% of national income, but of this a quarter is owed to the UK government itself – the Bank of England – and another half is owed to other people and companies in the UK, such as pension funds and savers. Only a quarter is owed outside the UK, and the UK government’s debt payments outside the country are just 5% of its revenue, one of the lowest levels of any ‘rich’ country. Since the global financial crisis of 2008, the UK government has been able to borrow at record low interest rates (1.4% fixed for 10 years at the start of 2018) making it the perfect time to invest in measures such as public housing and renewable energy which will save money overtime.
However, the debt of the UK’s private sector is very worrying. Between the late-1980s and 2008 the debt of the private sector grew from 200% of national income to 500%. This huge debt, especially that of banks, helped cause the financial crisis of 2008. It has since fallen to 400% of national income, but is starting to rise again.Read more
* Facing personal debt problems? Jubilee Debt Campaign is focused on campaigning and advocacy on debt issues. We do not provide advice services. If you are facing personal debt problems and looking for help and advice there are several free advice services that you can access: Citizens Advice Bureau (CAB) – have online adviceon
debt or you can speak with an adviser at your local CAB which you canfind here
.
Step Change Debt Charitycan help
you to make a personal debt repayment/ management plan on the phone. National Debtline can help you to budget and prioritise your debts. If you’re a student and worried about debt check out specialist student advice on the NUS website.
For a compilation of telephone debt advice numbers click here.
DEBT IN QUOTES
Dr Eufrigina dos Reis Mozambique Debt Group “A large share of the government revenues of Mozambique have to be spent on servicing the debt. Little is left for health, education andwater provision.”
Richard Ananga
Volta region, Ghana
““Let’s go and audit the debt. How much has been borrowed and what was it for?"”Noha El Shoky
Egyptians for a Sovereign Debt Audit “For years, rich countries willingly provided loans to the dictatorship in our country. Now, we are asked to pay for the bullets which were fired at us.”Bishop Jason Gordon
Bridgetown, Barbados “When Germany was over-indebted in the 1950s, it got debt relief from its creditors. When we in the Caribbean ran into problems, we were still forced to repay”Patricia Miranda
Fundacion Jubileo, Bolivia “We need fair rules for the restructuring of sovereign debt as promoted recently by the United Nations and as we have implemented in national law already”Hebron Mwakagenda
Tanzania Coalition on Debt and Development “The new debt crisis is looming. Although Tanzania received debt relief, all signals indicate that we are heading towards another debtcrisis.”
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LATEST NEWS AND UPDATESShow all
16 April 2020
DEBT SUSPENSION AGREED FOR LOW-INCOME COUNTRIES TO HELP FIGHTCORONAVIRUS
15 April 2020
G20 SUSPENDS DEBT PAYMENTS, MORE ACTION NEEDED14 April 2020
G20 ANNOUNCES DEAL ON SUSPENSION OF DEBT PAYMENTS14 April 2020
MEDIA BRIEFING ON IMF/WB SPRING MEETINGS 202014 April 2020
REACTION TO $215 MILLION OF DEBT CANCELLATION BY IMF12 April 2020
SIXTY-FOUR COUNTRIES SPEND MORE ON DEBT PAYMENTS THAN HEALTHShow all
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