ACTSA has signed on to a briefing for UK Parliamentarians about the Debt Relief (Developing Countries) Bill, along with 17 other organisations. The worldwide debt crisis is at its worst for 30 years – due to the covid crisis, rising extreme weather like droughts and floods, and regional conflicts. A report last year found that than 32 African countries spend more on external debt payments than on healthcare. The bill would incentivise private creditors to take part in debt relief and introduce mechanisms stopping private predictors from holding out for more than government creditors will receive through a Common Framework or other multilateral debt restructuring. The situation in Southern Africa: