RT @eurodad: #Developing countries are losing twice as much money as they earn. Find out how this happens: #devfinance…
Developing countries lose $2 for every $1 gained, incl from debt and loans - important new @eurodad report
Financial crisis: “Iceland managed better than others, but no one should be left behind” – UN rights expert
#IMF and @WorldBank urged to relieve #Ebola countries of debt Take action here:
Sierra Leone News: Debt relief urged for Ebola-affected countries Take action here:
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Inspired by the ancient idea of jubilee, a time when debts were cancelled, slaves were freed and land was redistributed, we are calling for a new debt jubilee in response to today’s global economic crisis: a Jubilee for Justice.

Ebola: Drop the Debt

Liberia vendors_Small

Ebola has already claimed the lives of more than 6,000 people in West Africa. Health workers are fighting day and night to treat and contain it, at great personal risk. Many haven’t been paid for months. Yet millions of dollars are leaving Liberia, Sierra Leone and Guinea in debt repayments. Please call on the IMF and World Bank to drop the debt for countries fighting Ebola now.

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More actions

  • No debt crisis from the UK aid budget

    History is repeating in the global economy. With interest rates low and investors hunting for returns, lending to the most impoverished countries has doubled since the crash. The previous era of irresponsible lending trapped countries in a spiral of debt from which it was impossible to escape. It set back the fight against global poverty [...]

    823 actions taken
  • Support Grenada’s call for debt justice

    The Caribbean island of Grenada has published a brave open letter explaining why it has stopped paying its debts. Grenada stopped making payments earlier this year. The island has been badly affected by loss of trade preferences to the EU for its banana and spice exports, hurricanes Ivan and Emily which destroyed the equivalent of [...]

    1364 actions taken
  • Tell the World Bank and IDB to pay reparations to Guatemalans

    In 1982, 400 people were massacred, with many more displaced, tortured, raped and starved, to make way for a hydroelectric dam which the World Bank and Inter-American Development Bank were funding in Guatemala. Despite agreement that reparations must be paid in this case, to date survivors and families of the massacre have received nothing. With [...]

    911 actions taken
  • Tax justice: Tell UK to return excess Mozambique profit

    The UK government has made millions in profit from funding an aluminium factory in Mozambique that only pays 1% tax. A highly profitable aluminium factory in Mozambique is paying just 1% tax, despite half of the costs being funded by foreign governments to help ‘develop’ the country. Mozambique’s economy is booming, but the number of [...]

    867 actions taken

Latest from the campaign

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    Commodities price fall signals rise in debt payments

    Tim Jones, 16 December 2014

    The fall in the price of commodities, led by oil, has led to large falls in the value of currencies in developing countries. Financial markets are betting on countries’ trade balances being much weaker because of lower income from exports due to the price falls. Most dramatically this has been the case in Russia, but [...]

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    Battle over whether G20 ‘deal’ will leave Ebola countries more indebted

    Jubilee Debt Campaign, 2 December 2014

    • Campaigners call for debt relief not more loans as WHO admits off-track in bringing the disease under control • Over two weeks have passed since G20 $300 million pledge but still no agreement on how it will be delivered Debt campaigners are calling for the IMF to provide $300 million of emergency Ebola financing [...]

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    Election 2015: How to avert a new debt crisis

    Jubilee Debt Campaign, 28 November 2014

    Jubilee Debt Campaign’s manifesto for the 2015 general election. Introduction Over the last forty years, the removal of regulations on lending has driven devastating debt crises affecting people on every continent. The Latin American and African debt crises of the 1980s and 1990s were followed by the East Asian Financial crisis of the late 1990s, [...]

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    Details of debt relief for Ebola countries not yet agreed

    Tim Jones, 21 November 2014

    G20 announces $300 million of loans, debt relief and grants from IMF, but details of how to do so are being debated over coming weeks At the G20 summit on 23 November, the leaders of the 20 countries welcomed “the IMF’s initiative to make available a further $300 million to stem the Ebola outbreak and [...]

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    Jubilee Debt Campaign welcomes US call for Ebola debt relief

    Jubilee Debt Campaign, 13 November 2014

    UK government must support expanded debt relief at Brisbane G20 this weekend. Jubilee Debt Campaign has welcomed a call by US officials for emergency debt relief from the IMF for Liberia, Sierra Leone and Guinea to help tackle the Ebola outbreak, but warned that further cancellation is needed to ensure the fight against Ebola is [...]

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Jubilee Debt Campaign's registered charity number is 1055675