September 15, 2024

‘Huge benefits’ in greater debt relief for lower income countries, study finds

Claudio Ctin1 mins
‘Huge benefits’ in greater debt relief for lower income countries, study finds

Exclusive: levels of education and sanitation predicted to massively improve if creditors reduced payments

Reducing the debt payments made by poor countries to more sustainable levels could help 5 million more children attend school and provide access to clean drinking water to 17 million people, according to new research.

A study by academics at the universities of St Andrews and Leicester said there would be “huge benefits” – including saving the lives of 60,000 children and mothers – from slashing the size of repayments.

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