We Owe Future Generations a Path Out of the Global Debt Crisis By Ana Patricia Muñoz and George Laryea-Adjei Copyright © 2026 IPS-Inter Press Service. All rights reserved. -

We Owe Future Generations a Path Out of the Global Debt Crisis By Ana Patricia Muñoz and George Laryea-Adjei WASHINGTON DC / NEW YORK, Jul 8 2026 (IPS) - Almost half of the world’s population now lives in countries that spend more money paying interest on their debts than on education or health. New data shows the cost of borrowing for African countries in particular rose 91% since 2020. Rising debt payments have reduced governments’ capacity to invest in children and build their human capital. https://www.ipsnews.net/2026/07/we-owe-future-generations-a-path-out-of-the-global-debt-crisis/ Copyright © 2026 IPS-Inter Press Service. All rights reserved. -