G20 asleep at the wheel on debt crisis
The G20 Finance Ministers met today and issued a communiqué that offered no new action on the debt crisis in lower income countries. Reacting to the communique, Tim Jones, Head of…
G20
G20 initiative leads to less than a quarter of debt payments being suspended
Lower income countries which applied for scheme have spent $36.4 billion on external debt payments during the pandemic, and had just $10.9 billion suspended or cancelled Private creditors received the…
Reaction to International Development Committee report
For immediate release 26 January 2021 Jubilee Debt Campaign welcomes IDC calls for government action on Covid-19 debt crisis in developing countries, but says ‘encouraging’ action by private lenders isn’t enough Calls for UK…
G20 falls short on loan transparency
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…
G20 stops short of decisive action on lending transparency
UK Prime Minister calls for implementation of 2017 guidelines But UK government itself has been unwilling to implement these limited guidelines for loans from UK-based banks and companies G20 governments…
G20 failure to tackle debt ‘incredible’
Jubilee Debt Campaign reaction to the G20 summit in Cannes