Debt payments have devastating effects on public spending
In Chad, pregnant women are putting off going to important but expensive health check-ups, and their families are paying over a third of a month’s income upfront to get through…
Blog
New year challenge: join our team for the Great North Run 2020
Take part in one of the world's most iconic half marathons for a good cause
Response to the IMF response on bailing out reckless lenders
The International Monetary Fund (IMF) has publicly responded to our research, launched yesterday with 34 other civil society organisations, that $93 billion of IMF loans are being used to bail…
We support the climate strike: climate justice means debt justice too
It is horrendously unjust that people who have done the least to cause the climate crisis are suffering from the greenhouse gas emissions of rich people and countries.
Speculators make 13% despite Ebola crisis in DR Congo
No money paid out from pandemic insurance scheme because Ebola has not crossed into a second country Scheme is the latest to use public money to fund private sector profits…
Tanzania refuses release of IMF debt risk analysis
Failure to publish means lenders still being guided by old ‘low risk’ rating Lesotho moves from low risk to moderate, while Timor-Leste moves from moderate to low risk The government…
IMF agrees loan to Congo after China pushes debt payments into the future
$449 million of loans agreed but no reduction in debt principal owed Debt negotiations with private commodity traders are still ongoing The IMF has agreed $449 million of loans to…
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…
Fears raised about cost of PPP hospital in Uganda
Uganda Debt Network says government has guaranteed $380 million in payments for hospital which was due to cost $250 million The Uganda Debt Network has raised concerns about the financing…
One Mozambique loan declared illegal, but speculators set to make 240% profit
Introduction A fortnight ago in a major victory for our allies The Mozambique Budget Monitoring Forum (FMO), a network of 21 civil society organisations, the Mozambique Constitutional Council ruled one…