Reacting to the news that Ghana’s bondholders have rejected a restructuring proposal, Bernard Anaba, Public Policy Specialist at the Integrated Social Development Centre (ISODEC) in Ghana said: “The breakdown in…
It's an election year and we've a chance to put debt cancellation on the political agenda – just as we face the biggest global debt crisis in over 20 years.
For more information and interviews contact Jerome Phelps on +44 7307 620372 The Ghanaian government has reported that Ghana’s official creditor committee has reached a deal to restructure the country’s…
This year Pakistan will spend over $20 billion on debt payments to big banks and hedge funds. Right now, the country is struggling to rebuild after horrendous flooding last year,…
The big finance firms that own the debts of five countries in a debt crisis are set to collectively make $20-$30 billion of profit if they refuse to cancel debt…
A group of Ghanaian civil society organisations have today released a statement calling on international lenders to cancel enough of Ghana’s debt to make it sustainable. They call on Ghana…
Ghanaian civil society organisations have called for Ghana’s debt to be cancelled, rather than an IMF loan bailing out private lenders.[1] In a statement released today they say any IMF…
Interest rates on new developing country borrowing increased by an average of 2.2 percentage points over the course of 2018. Yields on low- and lower-middle income country debt, calculated by…
