The G7 ducks the challenge of the debt crisis
Over the last few weeks, the attention of the world has been on the leaders of the G7 as they discussed the critical issues we all face, including vaccines, tax…
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Reaction to the G7 Finance Ministers meeting Communiqué
The G7 Finance Ministers have today reaffirmed support for the Common Framework for debt treatments[1], but have not taken the necessary steps to tackle the growing global debt crisis. Jerome Phelps of…
Sudan moves one step closer to clearing $60 billion debt.
Earlier this week, the IMF agreed a financing plan to clear $1.4 billion owed to it by Sudan. The agreement was reached on the first day of the ‘Summit on…
Event: Demanding debt justice for global recovery after Covid
Join us, together with Global Justice Now and allies from the global south to hear why debt cancellation is crucial for global justice. Tue, 25 May 2021 at 18:30 –…
The government announces outcome of Debt Relief Order consultation: What’s changed?
The government has published the outcome of their consultation on Debt Relief Orders, one of the ways that people can access support if they are in problem debt. Back in…
Reaction to the introduction of Breathing Space scheme
Today marks the start of the new breathing space scheme in England and Wales, through which people in debt will be able to apply for 60 days ‘breathing space’. Most…
Update: IMF/WB Spring meetings and G20 Finance Ministers Meeting
Last week (12th April) was a big week for the global debt crisis, with the International Monetary Fund (IMF) and World Bank Spring Meetings, and the G20 Finance Ministers’ meeting, bringing…
UK government embraces transparency on publishing data on its loans to other countries.
UK Government publishes more data on its loans to other countries and commits to updating it every 3 months. They are the first G20 country to make their lending more…
Jubilee Debt Campaign statement in response to the Sewell report
Jubilee Debt Campaign is proud to add our name to this letter, coordinated by the Runnymede Trust, which condemns the recent report from the Commission on Race and Ethnic Disparities (the Sewell report), and we call for immediate action to be taken on…
Reaction to G20 extension of debt suspension
Today the G20 announced a 6-month extension to their Debt Service Suspension Initiative (DSSI). They have indicated that this will be the final extension to the initiative, originally established in…