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World Bank broke its own rules over high-interest loans to Ghana
Lender accused of guaranteeing profits for speculators The World Bank has been accused of helping to fuel a new debt crisis in Ghana after it was revealed it has broken…
Lender accused of guaranteeing profits for speculators The World Bank has been accused of helping to fuel a new debt crisis in Ghana after it was revealed it has broken…
When it comes to infrastructure – roads, railways, power plants, ports and the like – the policy prescriptions from the World Bank and other international financial institutions sound like a…
Civil society from borrowing and lending countries call for new approach to assessing debts The IMF and World Bank are reviewing the Debt Sustainability Framework, their main policy which is…
A group of 26 organisations in Mozambique have asserted that the $1.86 billion of the country’s debts at the centre of a growing international controversy were contracted illegally and should…
Amount is $13 billion more than countries studied receive in aid each year Impoverished country governments could be up-to $61 billion worse off in 2016 as a result of the…
Information hidden in budget announcements suggest UK government will be giving £3.8 billion of 'aid' money as loans in next four years
Minister of State for International Development, Desmond Swayne MP, has responded to Jubilee Debt Campaign’s No New Debt Trap campaign, calling for urgent action to prevent a wave of debt crises…
In January the World Bank cancelled a road building project in Uganda after “multiple failures … on the part of the World Bank, the government of Uganda, and a government…
According to the IMF and World Bank, 10 low income countries have seen an increased risk of not being able to pay their debts over the last year as global…
Commenting on the increase in US Federal Reserve interest rate, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign said: “The debt problems of many developing countries will worsen as this…