Demand big banks #CancelTheDebt

The amount Africa spends on debt could pay for vaccines for the entire continent four times over

Covid-19 could push more than 150 million people into extreme poverty. At the same time, many large banks and speculators - including Blackrock, JP Morgan, HSBC and UBS - continue to demand debt repayments from some of the poorest countries across Africa, Asia, Latin America and the Caribbean.

Due to high interest rates, some companies could be making up to 250% profit from these loans if they are paid back in full.

Countries such as Zambia and Chad have asked for a break from these loan repayments so they aren't forced to choose between saving lives and repaying loans. So far, they have been refused.

The Jubilee Debt Campaign is appealing to these banks to give poor countries a break. It is a matter of life and death. Either governments spend money on vaccines, food and medicines or pay off debts and let their people die. If you would like to add your voice to the campaign please click HERE