jubilee debt campaign

  • March 20, 2018

    Today the Mozambique government will meet private creditors in London to discuss debt restructuring proposals on allegedly 'secret loans'.

  • March 7, 2018

    Anti-poverty campaigners are calling for a Household Debt Jubilee to release low income households from billions of ‘unjust’ consumer credit debt.

  • November 14, 2017

    The UK government is paying virtually the lowest amount of interest on its debt in recorded history, as a proportion of GDP, says Jubilee Debt Campaign in a new pre-Budget briefing.

  • October 1, 2017

    Jubilee Debt Campaign has reacted to John McDonnell’s announcement that the Labour party will bring existing Private Finance Initiative contracts back in-house, and that the Labour party will “End the UK government’s financial and advisory support for similar projects overseas”.

  • September 20, 2017

    The UK Secretary of State for International Trade, Liam Fox, is visiting Mozambique this week. The country is in a debt crisis after Mozambican officials borrowed $2 billion from the branches of two London based banks, Credit Suisse and VTB Capital, in 2013.

  • July 5, 2017

    A summary of the independent audit into the secret loans to Mozambique has been released by US company Kroll. While information is still lacking in many areas, it offers a strong critique of the deals, providing further evidence of why the Mozambique people should not have to make one dollar of debt payments, says Jubilee Debt Campaign.

  • March 24, 2017

    Campaigners in Mozambique have called for secret debts to be cancelled before the IMF lends to the country again, alongside a range of measures including public disclosure of the audit into the debts, mechanisms to hold leaders accountable for actions and greater tax collection from megaprojects in the country.

  • February 27, 2017

    The Gambian government have said that former President Yahya Jammeh stole at least $50 million, and left the government with a debt of $1 billion. The most recent figure from the IMF is that the Gambia’s total government debt is $881 million.

  • November 24, 2016

    Calculations by the Jubilee Debt Campaign have shown that the future borrowing costs of African governments rose across the board in the week, following Donald Trump winning the US Presidential election.

  • October 12, 2016

    Ghana is in a debt crisis. Having had significant amounts of debt cancelled a decade ago, the country is losing around 30 per cent of government revenue in external debt payments each year according to a new report from Jubilee Debt Campaign (JDC)