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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…
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…
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…
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…
This short educational resource (12 pages) explains why Ghana is back in a debt crisis a decade after debt relief, and what options the country has now. A new debt crisis…
• Government external debt payments reach highest level in the last decade following commodity price falls and rising value of the US dollar • Figures released before US Federal Reserve…
• Comment on revelation that Gambia’s debt is $1 billion The Gambian government have said that former President Yahya Jammeh stole at least $50 million, and left the government with a…
Russia’s case against Ukraine for repayment of a $3 billion loan will begin in London on Tuesday 17 January. Commenting ahead of the case, Sarah-Jayne Clifton, Director of the Jubilee…
In a first for the country, the Philippines has legislated to hold a debt audit into 20 projects to determine the legitimacy of the loans. The audit is part of…
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…
World Bank admits to breaking rules to guarantee high interest Ghana debt, but misleads in attempt to justify the decision.