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Nations where 3.3bn live spend more on debt than health, schools

Nations where 3.3bn live spend more on debt than health, schools

Almost half of humanity lives in countries that spend more servicing interest on debt than health or education, UN says.

Approximately 3.3 billion people – almost half of humanity – now live in countries that spend more money paying interest on their debts than on education or health, according to a new United Nations report.

“Half our world is sinking into a development disaster, fuelled by a crushing debt crisis,” UN Secretary General Antonio Guterres told a press conference…


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