Campaigner pressure pays off at IMF
Tens of thousands of campaigners have successfully persuaded the International Monetary Fund (IMF) not to backtrack on G8 promises.
22 December 2005

G8 promises under threat
There is a serious danger that SIX of the 18 countries promised extra debt cancellation from January 2006 will not get it.
10 December 2005

Nigeria gets debt cancellation - but at what price?
Huge debt cancellation has been agreed for Nigeria - a welcome and long overdue step. But in order to get it, Nigeria has to pay up, and agree to outside 'monitoring' of its economic policies.
10 November 2005

Next step on debt secured after frantic negotiations
The debt cancellation deal proposed by the G8 in July has now been endorsed by all shareholders of the World Bank and IMF. Now we must ensure it is rapidly implemented - and build on the momentum to secure more desperately-needed debt relief, without harmful conditions.
25 September 2005

Loose ends on debt deal need tying up
This weekend, Jubilee Debt Campaign and Jubilee USA are urging creditor countries, the World Bank and the IMF to resolve the issues which threaten to wreck the debt cancellation deal proposed by the G8 in July.
23 September 2005

Battles on debt and poverty on eve of UN Summit
As the UN World Summit and meetings of the World Bank and International Monetary Fund approach, the hope that 2005 would be a year of significant progress on international debt and combating poverty is under severe threat.
12 September 2005

G8 debt deal still not secure
The deal for further debt cancellation agreed at the G8 summit in July 2005 is still not secure. It needs agreement by the World Bank and IMF - but some countries involved in these institutions are raising objections to the proposal.

30 August 2005

Burundi qualifies for some debt relief
Burundi has become the 28th country to get debt relief through the major international debt relief scheme - but will only have debts cancelled if it complies with the economic policy conditions of the World Bank and IMF.
5 August 2005

IMF leak reveals plans to weaken G8 debt deal
IMF documents leaked to Jubilee Debt Campaign have revealed plans by some European representatives at the International Monetary Fund (IMF) to weaken the debt cancellation deal proposed by the G8 governments.
15 July 2005

The G8 stand still on debt when a giant leap is needed
The G8 summit at Gleneagles has ended with the leaders simply endorsing the debt cancellation deal proposed by their Finance Ministers last month. While Jubilee Debt Campaign had welcomed this deal as a small step forward, we were urging the G8 leaders to go much further.
8 July 2005

Debt cancellation for Nigeria agreed in principle
Creditor countries have in principle agreed to cancel around $17 billion of Nigeria's debt. This debt cancellation is long overdue - but is being implemented in a way that could mean Nigeria paying more money to the rich world in the short term.
July 2005

The G8 and debt cancellation – the facts
The G8 meets in Gleneagles: will they go further on debt – or unpick last month’s finance ministers deal?
1 July 2005

Campaigners force step forward on debt
The G8 Finance Ministers, meeting in London today, have announced a deal on multilateral debt cancellation for 18 countries. UK Chancellor Gordon Brown paid tribute to campaigners' efforts, saying "the eyes of the public are upon us".
11 June 2005

Step forward on debt a tribute to campaigners
The G8 Finance Ministers today announced a deal on multilateral debt cancellation for 18 countries. Click here for details of the deal.
11 June 2005

When is 100 per cent not 100 per cent?
The G8 Finance Ministers are discussing a debt deal which is regularly described as 100 per cent debt cancellation. But is it?
10 June 2005

Bush & Blair announcement a tiny step forward, when giant leap is needed
Jubilee Debt Campaign is describing the latest Bush-Blair statements on debt relief as 'a tiny step forward when the world needs a giant leap'.
8 June 2005

World Debt Day marked around the world
World Debt Day was marked by events in countries across the world, from Australia to Zambia - all demanding an end to debt slavery.
17 May 2005

Rich world fails campaigners' challenges on debt and gold
At this weekend's meetings of the G7 Finance Ministers, the International Monetary Fund and the World Bank, rich governments have again failed to agree to debt cancellation for poor countries, in fact offering even less than at the last G7 Finance Ministers' meeting in London in January.
17 April 2005

Zambia, Honduras and Rwanda get increased debt relief
Three more impoverished countries - Honduras, Zambia and Rwanda - have qualified for some debt cancellation, releasing desperately-needed funds.
15 April 2005

Debt campaigners urge gold sales to fund debt cancellation
The government's of the world's richest countries must agree to sell International Monetary Fund (IMF) gold to fund cancellation of the crippling debts being payed by poor countries.
1 April 2005

Opposition to Wolfowitz's nomination as World Bank President
Jubilee Debt Campaign is among the many organisations opposing the closed and untransparent selection process for the next President of the World Bank, which has produced the controversial nomination of US Deputy Secretary of Defense Paul Wolfowitz.
17 March 2005

Commission for Africa urges further action on debt
Jubilee Debt Campaign is calling on Tony Blair to meet the challenge laid down by the Commission for Africa's proposals on debt cancellation - and to end once and for all the practice of using debt relief as a tool for imposing economic policies on Africa's most impoverished nations.
11 March 2005

President of Tanzania calls for 100% debt cancellation
Over 300 debt campaigners heard Tanzania’s President Benjamin Mkapa insist that 100% debt cancellation was essential to his country’s plans to combat poverty when he spoke at Jubilee Debt Campaign's Annual Conference on 26 February 2005.
28 February 2005

G7 open door to 100% debt cancellation - but don't deliver yet
The 'G7' club of the world's richest and most powerful nations has for the first time publicly accepted the principle - long argued by debt campaigners - that some countries need 100% debt relief. We are now demanding that they follow this up by actually cancelling 100% of the debts of the most impoverished countries.
February 2005

Mandela tells G7 to MAKE POVERTY HISTORY
Nelson Mandela addressed a crowd of thousands in Trafalgar Square, London, the day before the Finance Ministers of the G7 countries meet in the same city, and issued a challenge to those ministers to drop the debt, deliver trade justice, and provide more and better aid.
3rd February 2005

Canada debt promise puts pressure on G7
Jubilee Debt Campaign has welcomed the announcement by Canadian Finance Minister Ralph Goodale that Canada is joining the UK government’s call to suspend 100% of debt repayments by the world’s most impoverished countries.
2nd February 2005

'Bury the debt' is part of international calls for action
On Tuesday 18 January, debt campaigners in over 20 countries, as far apart as Finland, Yemen and Uganda, mobilised to call for the full cancellation of debts owed by the poorest countries. Campaigners targeted the Canadian, French, German, Italian, Japanese, UK and US embassies around the world, calling on these countries to drop the debt.
18th January 2005

Debt moratorium for tsunami countries not enough
Many poor people hit by the devastating Indian Ocean tsunami will be unable to rebuild their lives unless rich nations today cancel a significant part of the debts owed by their countries, as well as freeze repayments on remaining debts.
12th January 2005

Marshall Plan for Africa a 'pipedream' unless debt wiped out
As Chancellor Gordon Brown presented his package of proposals on Third World debt and a 'Marshall Plan for Africa' at a speech in Edinburgh this morning [06 January 2005], Jubilee Debt Campaign challenged the UK and other rich governments to finally Wipe Out Debt in 2005, not least as a vital step towards ending what the Prime Minister, at his simultaneous press conference, called 'a man-made preventable tsunami every week in Africa'.
06 January 2005

Brown calls for "full debt relief"
UK Chancellor Gordon Brown has called on all rich countries to "take the final historic step in delivering full debt relief" in 2005. Jubilee Debt Campaign is calling him and the other G7 Finance Ministers to live up to this promise, and use their influence next year to wipe out debt.
6 January 2005

MAKEPOVERTYHISTORY in 2005
Jubilee Debt Campaign is playing a central role in MAKEPOVERTYHISTORY, a unique alliance of campaigning groups, charities, unions, faith communities and celebrities. Together, we are demanding that in 2005 the UK and other governments drop the debt, end injustice in international trade, and deliver more and more effective aid.
1st January 2005

Tsunami debt relief welcome but insufficient
Jubilee Debt Campaign welcomes the indication from some creditor countries that they will cancel or suspend debt repayments from countries hit by the devastating tsunami on 26 December 2004 – but points out that most of these countries could not afford to pay all their debts even before the horrific disaster.
30th December 2004

Call for a fair debt process
As creditor governments meet to discuss Iraq's debts, Jubilee Debt Campaign calls for a fair and transparent arbitration process to resolve debt crises.
17 November 2004

Madagascar receives some debt cancellation
At the end of October 2004, a part of Madagascar's debts to the rich world were cancelled. JDC welcomes this, but points out that until it gets 100% cancellation, Madagascar will still be paying vast sums in debt service.
24 October 2004

No debt cancellation at World Bank meetings
The October meetings of the IMF, World Bank and G7 Finance Ministers have promised only 'further consideration' of debt cancellation. But, after vocal campaigning, the meetings saw 100% debt cancellation discussed for the first time, raising real hope of a breakthrough in 2005.
3 October 2004