World Bank: Debt interest swallows health, education budgets in 80% of African countries

According to the World Bank, interest payments on public debt exceed government spending on health and/or education in nearly four-fifths of sub-Saharan African countries. High debt-servicing costs continue to constrain public finances across the region. The World Bank's findings highlight the strain that debt interest places on budgets for essential services like health and education in most African countries.

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