Tag Archives: debt interest

Kampala, Uganda | URN | The United Nations Trade and Development agency has warned that rising public debt interest costs are increasingly squeezing spending on health, education and other development priorities in developing countries, with Uganda among the countries facing a particularly heavy interest burden. In its latest A World …

Debt chokes Africa’s ability to meet more pressing needs ANALYSIS | AGENCIES | African nations will spend $75 billion on debt interest payments this year, money they desperately need for pressing issues such as social spending and public investments, according to the African Development Bank. In addition, the countries will require …