Sudan moves one step closer to clearing $60 billion debt.
Earlier this week, the IMF agreed a financing plan to clear $1.4 billion owed to it by Sudan. The agreement was reached on the first day of the ‘Summit on…
Earlier this week, the IMF agreed a financing plan to clear $1.4 billion owed to it by Sudan. The agreement was reached on the first day of the ‘Summit on…
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…
Last week (12th April) was a big week for the global debt crisis, with the International Monetary Fund (IMF) and World Bank Spring Meetings, and the G20 Finance Ministers’ meeting, bringing…
UK Government publishes more data on its loans to other countries and commits to updating it every 3 months. They are the first G20 country to make their lending more…
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…
Today the G20 announced a 6-month extension to their Debt Service Suspension Initiative (DSSI). They have indicated that this will be the final extension to the initiative, originally established in…
In November 2020, private creditors rejected the Zambian government’s request for a six-month standstill on debt payments on one of their Eurobonds. As a result, Zambia became the first African…
Chad, Ethiopia and Zambia considering debt restructuring: 53% of their debt payments are to private lenders Legislation to be introduced in New York to make restructuring private debt easier In…
Private lenders rejected Zambia’s request for a debt payment suspension last week, plunging the country into default. How did we get here, what does that mean for the people of Zambia and what does it mean…
Debtor countries told to “seek” debt restructuring from private lenders, but G20 give them no help to do so G20 don’t say what should happen when private lenders say “no”…