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People’s Debt Tribunal votes to cancel debt

Jubilee Scotland has held a People's Debt Tribunal in the Scottish Parliament. Stable member John Campbell QC chaired the Tribunal. The possibility of cancelling the Philippines' debt to the World Bank was argued before the Tribunal.

 

The event was to publicise Jubilee Scotland’s wider Defuse the Debt Crisis campaign, which calls for Scotland to promote itself as an arbitrator of unjust global debts.

 

The Tribunal gave a flavour of how arbitration might work effectively in relation to sovereign debt. A vote was held at the end of the event when those present voted overwhelming in favour of cancellation of the Philippines’ debt.

 

More information can be found at http://www.jubileescotland.org.uk/