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UNESCO urges wider use of debt-for-education swaps

UNESCO says the swaps could redirect debt savings into schools as 113 countries spend more on debt service than on education, the agency said.

Summary by Reuters
UNESCO has urged governments and ‌international lenders to expand debt-for-education swaps to help tackle a worsening education financing crisis, warning that 113 countries now spend more on servicing debt than on educating their populations.

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WTVB broke the news on Friday, July 10, 2026.
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