ECGD: The Department for Dodgy Deals

(Jubilee Debt Campaign, London, June 2010) The Department for Dodgy Deals: Welcome to the Export Credits Guarantee Department (ECGD), a little known British Government department which uses taxpayers’ money to back exports to the developing world. All too often, it underwrites dodgy deals which lead to human rights abuses, corruption, climate change and conflict. What’s more, when these deals go wrong, they become Third World Debts. Over 90% of developing country debt to the UK is now Export Credit debt.