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jubilee debt campaign

October 13, 2020

Cancel developing country debt by using IMF gold reserves, say campaigners

Since the start of 2020, the IMF’s gold reserves have increased in value by $38 billion.
April 9, 2020

Call for immediate cancellation of developing country debt payments

Debt cancellation would help developing countries respond to an unprecedented economic shock and an urgent health emergency, say campaigners.
March 14, 2020

Lebanon's decision to restructure debt welcomed

A human rights approach to finance is crucial to address the legitimate demands that Lebanese people have expressed in the streets, says a UN Independent Expert on foreign debt and human rights.
January 18, 2020

Poor countries cut public spending in response to trebling of debt payments

Meeting Sustainable Development Goals to cut poverty and inequality requires large increases in public spending, but in many countries the opposite is happening.
January 10, 2020

Russian state bank sues Mozambique over loans arranged in London

Campaigners say the people of Mozambique should not have to pay one cent in debt arising from secret loans.
October 10, 2019

IMF spending $93 billion bailing out reckless lenders, says Jubilee Debt Campaign

Research by the Jubilee Debt Campaign indicates a major breach by the IMF of its own policies, with $93 billion of lending to highly indebted countries without any debt restructurings.
June 7, 2019

Christian Aid calls on UK Government to adopt Labour's proposal on global debt crisis

The vast majority of international loans in Africa are made under English law because it allows a cloak of secrecy over lending, says Christian Aid, so the buck stops with the UK Parliament to bring real transparency or continue to allow unjust debt to cripple developing countries.
May 31, 2019

Over fifty MPs write to the Chancellor calling for greater loan transparency

Over fifty MPs from every party have written to the Chancellor, Philip Hammond, calling for action to strengthen transparency around loans to governments at this year’s G20 Finance Ministers meeting.
May 20, 2019

Mozambique campaigners visit London to hold banks to account for loans scandal

The loans have caused an economic crisis in Mozambique with rising prices for basic necessities and falling government spending.
April 29, 2019

IMF loan to Mozambique following Cyclone Idai 'shocking indictment' of international community

Emergency grants should be available to impoverished countries in response to disasters like Idai, especially those linked to the climate breakdown primarily caused by richer countries in the global North, says Jubilee Debt Campaign.