What is a debt tribunal?
In the past the focus of debt campaigns has been ad hoc debt cancellation for poor country governments (e.g. Jubilee 2000, Make Poverty History in 2005). However, still only 20% of unpayable poor country debt has been dropped. There is now great support for a new way of dealing with debt – the creation of a fair, democratic and transparent debt tribunal, run by the United Nations that would review all unpayable or illegitimate debt.