Julia Ravenscroft

Julia Ravenscroft

Over 500 organisations and academics around the world call on IMF to stop promoting austerity in the Coronavirus recovery period

  • Eurodad analysis shows Covid-19 ‘recovery packages’ could force tax increases and spending cuts in 80 developing countries by 2023, threatening achievement of SDGs.
  • 59 countries have fiscal consolidation plans over next three years that are almost five times larger than Covid-19 response packages implemented in 2020
  • Debt Justice
  • Covid-19
Julia Ravenscroft

Developing country debt must be cancelled to tackle coronavirus crisis

On World Health Day, amid an unprecedented global crisis, more than 100 organisations are calling for developing country debt to be cancelled to fight the Covid-19 health and economic crisis.

  • Debt Justice
  • Debt Resolution
Julia Ravenscroft

Impoverished countries spending up to 40% of government revenues on repaying debt, according to new research

A report published today shows that rapidly rising and more expensive public debt is pitting the rights of creditors against those of the world’s poorest - and in particular women and girls - as countries devote up to 40 per cent of revenue to external debt service.

  • Debt Justice
  • Debt Sustainability
Julia Ravenscroft

Failed Tunisian airport exposes major problems with public-private partnerships

World Bank, EIB and other major donors continue to push failed PPP model in the MENA region, according to new report

  • Publicly-backed Private Finance
Julia Ravenscroft

IMF loan conditions make situation worse for crisis-hit countries, shows new study

The IMF is attaching an increasing number of conditions to its loans to crisis-hit countries – and many of these promote harsh austerity measures which are damaging countries’ ability to provide essential services to their citizens, for example health services.

  • Development Finance
Julia Ravenscroft

Report exposes how PPPs across the world drain the public purse, and fail to deliver in the public interest

A new report exposes how public private partnerships across the globe have drained the public purse and failed to deliver in the public interest.

  • Publicly-backed Private Finance
Julia Ravenscroft

International experts call out Austria for blocking progress on transparency for multinational corporation practices

Ministry of Finance excuses crumble, as time runs out for citizens to see where multinationals are paying taxes.

  • Tax Justice
Julia Ravenscroft

More than half of aid spent on procurement still goes to rich countries' firms - almost two decades after commitment to end 'tied aid'

A new report concludes that rich countries are still awarding more than half of their development aid procurement spending to companies from their own countries.

  • Aid Effectiveness
  • Aid Quality
Julia Ravenscroft

Ten years on: Global debt at all-time high. Developing countries hit hard by fallout

Ten years after the collapse of US investment bank Lehman Brothers (15 Sept 2008), the world is in deeper debt than it was in 2009 – the height of the financial crisis.

  • Debt Justice
  • Debt Sustainability
Julia Ravenscroft

C20 Argentina: El plan del G20 para convertir la infraestructura en una ‘clase de activo’ debe ser archivado y reemplazado por un plan para aumentar y mejorar la inversión pública en infraestructura

Un informe de Eurodad concluye que el plan del G20 de desarrollar una ‘clase de activo a partir de la infraestructura’ para alentar la inversión privada en los países en desarrollo es un gran error y debe ser archivado.

  • Publicly-backed Private Finance