World

Debt Overload in Developing Countries

Updated 2026-07-10 07:25 UTC 2 sources Negative

A UN report reveals that developing countries spent more on foreign debt repayment than education, with 18 nations spending five times more on loans. This highlights the financial strain on these nations and potential impacts on global aid.

Coverage timeline — 2 articles
The Guardian
Unesco report shows children lost out to servicing debt in 113 countries, with 18 spending five times more on loansMost developing countries spent less on education than they did repaying debt last year, according to the UN, at the same time as global aid to education is predicted to decli
2026-07-10 07:00 UTC
Al Jazeera
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