The International Monetary Fund (IMF) is a key part of the international financial architecture and wields huge influence over the domestic economic policies of impoverished countries

This report analyses the problems that monetary policies in developed economies pose for developing countries. Given the history of debt crises in emerging economies, with profound and long-lasting socio-economic and political consequences, we must be alert to signs of another emerging debt crisis.

Civil Society position on the IMF and World Bank Debt Sustainability Framework Review submitted in June 2016.

Mozambique should not pay the hidden debt by Joseph Hanlon

Export Credit Agencies (ECAs) are key institutions governments employ to support private companies doing business overseas. ECAs offer a wide range of guarantees and insurances to private companies. This makes it easier for these companies to gain access to finance, mostly from banks.

African civil society groups give a "cautious welcome" to the G20's plans for a "Compact for Africa"

In the run-up to the G20 Finance Ministers' meeting in Baden-Baden last weekend, Erlassjahr / Jubilee Germany released their annual report on sovereign indebtedness.

In January 2017 the government of Mozambique defaulted on a bond interest payment. Ghana is already dependent on loans from the IMF and World Bank to pay the high interest on loans from private lenders. Many of these debts are under the jurisdiction of the UK, with over 90% of subSaharan African government bonds owed under English law.

Ghana is in a debt crisis. Having had significant amounts of debt cancelled a decade ago, the country is losing around 30% of government revenue in external debt payments each year.

Eurodad’s report The state of finance for developing countries 2014 showed that developing countries continue to lose significantly more financial resources than they gain due to failings in the international economic and monetary system. In addition, as Eurodad’s report setting out key challenges for policy makers in advance of last year’s UN summit on Financing for Development in Addis Ababa argued, the quality of the financing that developing countries receive also needs improvement.