While people are struggling to pay for food and services, greedy lenders are choosing to make huge profits, by chasing debt payments from Ghana.
This is deeply unjust.
But a new law would make private lenders cancel some of Ghana’s debt. And with 90% of the debts owed by lower income countries to banks, hedge funds and oil traders governed by UK law, we could have a real impact by bringing in a new debt justice law here in the UK.
And the timing couldn’t be more urgent, Ghana is negotiating right now with its lenders.
Can you watch and share Bernard’s words, explaining how a new law could help Ghana and other countries in debt crisis? And help win debt cancellation?