Sierra Leone: Ebola debt to IMF contributes to big cuts in public spending
In November the IMF agreed a new $172 million loan programme with Sierra Leone, spread over the next 3 and a half years, until mid-2022. At the same time, the…
Africa subsidises the rest of the world by over $40 billion in one year, according to new research
Much more wealth is leaving the world’s most impoverished continent than is entering it, according to new research into total financial flows into and out of Africa. The study finds…
Honest Accounts 2017: How the world profits from Africa’s wealth
Research for this report calculates the movement of financial resources into and out of Africa and some key costs imposed on Africa by the rest of the world. We find that the countries…
Collapse in commodity prices leads to $61 billion funding gap for impoverished countries
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…
Global Jubilee representatives meet Pope Francis
Members of the global jubilee movement this week met the Pope and senior Cardinals. Representatives of the African Forum and Network on Debt and Development (Afrodad), the Caribbean Debt Network,…
Chancellor ignores Jubilee for Justice demands
In September 2013, we handed in a petition from over 10,000 people calling for a Jubilee for Justice: – Cancellation of unjust debts – Just and progressive taxation – Controls…
NOT OUR DEBT! Global Week of Action 8-15 October 2013
A call to mobilize on October 8 to 15, Global Week of Action Against ILLEGITIMATE DEBT & International Financial Institutions Debt payments, tax avoidance and capital flight are impoverishing people…
What the UK could do now to bring in a Jubilee for Justice
Over 10,000 people have signed our petition for a Jubilee for Justice calling for: Cancellation of the unjust debts of the most indebted nations Promotion of just and progressive taxation…
Whose Development Is It?
A highly profitable aluminium factory in Mozambique is paying just 1 per cent tax, despite half of the smelter being funded by foreign government’s to help ‘develop’ the country. A…
