New World Bank data reveals the extortionate amount of debt that is owed by lower income countries – with the highest interest rates since the 1980s.
While every country needs to be able to access finance, governments grappling with the consequences of unsustainable debt are often facing near impossible choices about how to fund lifesaving services for children and families.
No-one benefits when a country can’t pay its debts. With the G20 Presidency next year the UK has a key opportunity, and is uniquely placed, to show leadership and push forward sustainable debt reform. Progress on this agenda is critical for children around the world.
theguardian.com/business/2026/…
While every country needs to be able to access finance, governments grappling with the consequences of unsustainable debt are often facing near impossible choices about how to fund lifesaving services for children and families.
No-one benefits when a country can’t pay its debts. With the G20 Presidency next year the UK has a key opportunity, and is uniquely placed, to show leadership and push forward sustainable debt reform. Progress on this agenda is critical for children around the world.
theguardian.com/business/2026/…