W’Bank: Debt interest eats into health, education budgets across Africa

The Punch | 12-10-2026 01:03am |

The World Bank has warned that nearly 80% of sub-Saharan African countries now spend more on public debt interest than on healthcare or education. This trend highlights the growing burden of debt servicing on national budgets. The warning underscores the need for sustainable debt management across the region.

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