Public Debt in Private Hands

This easy-to-read resource is a collaboration between Christian Aid, Tax Justice Network Africa (TJNA), the Civil Society Legislative Advocacy Centre in Nigeria (CISLAC), and Instituto Centroamericano de Estudios Fiscales in Guatemala (ICEFI).

We came together to assess the implications of private sovereign debt in Kenya, Nigeria, Guatemala and El Salvador, where sovereign (or public) debt is on the rise, with an increasing proportion owed to private
creditors.

Many countries are similarly affected, with important implications for economic justice. Here we share our learning to support research, advocacy and awareness raising of what rising private debt means for people and vulnerable economies.