Unesco report shows children lost out to servicing debt in 113 countries, with 18 spending five times more on loans

education than they did repaying debt last year, according to the UN, at the same time as global aid to education is predicted to decline by up to 30%.

More was spent on servicing foreign debt than on education in 113 developing countries in 2025, according to research by the UN’s culture and education agency, Unesco. In sub-Saharan Africa, countries spent 3.6 times more on debt than education.

The situation is likely to be exacerbated by funding cuts, the agency warned. Low- and lower-middle-income countries have already lost 21% of the aid to education they were receiving in 2023 and could lose up to 30% by 2027. Some countries – including Afghanistan, Mali, Niger and Liberia – have already lost more than 40% in three years.

  • Avid Amoeba@lemmy.ca
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    2 hours ago

    The World Bank would like a word:

    Niger (as of end-2024)

    Rank Creditor % of External Debt
    1 World Bank (IDA) 46.8%
    2 Other Multilateral Creditors (incl. BOAD, IsDB, IFAD) 16.4%
    3 Bilateral Creditors (incl. France, China, India) 11.4%
    4 IMF 9.6%
    5 African Development Bank (AfDB) 8.9%
    6 Commercial Creditors (incl. Deutsche Bank) 3.4%

    Sources:


    Liberia (as of end-2024)

    Rank Creditor % of External Debt
    1 World Bank (IDA) 55.0%
    2 ADB/AfDB/IADB 15.2%
    3 IMF 11.2%
    4 Other Multilateral Creditors (incl. EIB, Arab Bank for Economic Development) 7.4%
    5 Bilateral Creditors (incl. Saudi Arabia, China, Kuwait) 6.4%
    6 Commercial Creditors (incl. African Export-Import Bank) 4.8%

    Sources:


    Mali (as of end-2021)

    Rank Creditor % of External Debt
    1 World Bank (IDA) 38.0%
    2 African Development Fund (AfDF) 14.5%
    3 IMF 10.7%
    4 China 9.0%
    5 Abu Dhabi Development Fund 5.2%
    6 Other Multilateral Creditors 4.6%
    7 West African Development Bank (BOAD) 4.6%
    8 Islamic Development Bank (IsDB) 4.0%
    9 France (AFD) 3.3%
    10 India 1.9%
    11 Kuwait Fund 1.1%
    12 Korea 1.0%

    Sources:


    Afghanistan (as of end-2019)

    Rank Creditor % of External Debt
    1 Asian Development Bank (China’s a smaller 6.4% shareholder, Western countries hold about 50%) 50.0%
    2 World Bank (WB) 30.0%
    3 Saudi Fund for Development 7.0%
    4 Kuwait Fund for Arab Economic Development 2.0%
    5 Other Multilateral Creditors (incl. IMF, IsDB) 9.0%
    6 Other Bilateral Creditors 2.0%

    Sources: