Skip to main content Mobile Apps eGleaner Login Subscribe Now Kingston Few Clouds 81°F 27°C Thu | Jul 13, 2023 Home Lead Stories News Sports Entertainment Business Letters Commentary Health Lifestyle World News In Focus Auto Food Shipping Art & Leisure Classifieds Commerce Flair Jobs Podcast Puzzles Mobile version Subscribe to this feed Join us on Facebook Follow us on Twitter 3.3 billion people live in countries that spend more on debt interest than education, UN says

UNITED NATIONS (AP) — Some 3.3 billion people – almost half of humanity – now live in countries that spend more money paying interest on their debts than on education or health, according to a new United Nations report released Wednesday.

UN Secretary-General Antonio Guterres told a press conference launching the report that because this “crushing debt crisis” is concentrated mostly in poor developing countries, it is “not judged to pose a systemic risk to the global financial system.”

https://jamaica-gleaner.com/article/world-news/20230712/33-billion-people-live-countries-spend-more-debt-interest-education-un