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๐ŸŒŠ Social๐Ÿ‡ฎ๐Ÿ‡ณ India

113 Developing Nations Spent More on Debt Than Schools Last Year โ€” India Watches Closely

World news | The GuardianยทSunday, 12 July 2026
113 Developing Nations Spent More on Debt Than Schools Last Year โ€” India Watches Closely

A new UNESCO report found that in 2025, most developing countries paid more to foreign creditors than they spent on education. In sub-Saharan Africa, 18 countries spent five times more on debt repayment than on schooling. Global aid to education is also expected to fall by up to 30%.

Why It Matters

India sits in a neighborhood of nations facing similar fiscal pressures, and the trend of shrinking education budgets amid debt burdens directly threatens the future workforce and social mobility.

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