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

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.

This Eurodad discussion paper analyses the evolving nature of developing country debt and solutions for change. It aims to identify relevant reform processes on an international level, and more practically to keep progressive actors that want to drive change informed about existing opportunities.

This report investigates the debts owed by countries as a whole – both their governments and the private sector – minus the debts owed to them. It finds that the level of such debts owed between countries has risen from $11.3 trillion in 2011 to $13.8 trillion in 2014, and predicts that in 2015 they will increase further to $14.7 trillion.

Eurodad member Jubilee Debt Campaign have put together a briefing of six key facts about Greece’s debt ahead of the country's elections on Sunday 25th January.