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Back in 2010, half of African countries were spending 𝐥𝐞𝐬𝐬 𝐭𝐡𝐚𝐧 𝟓% !
Back in 2010, half of African countries were spending 𝐥𝐞𝐬𝐬 𝐭𝐡𝐚𝐧 𝟓% !
Developing countries now pay 𝟐 𝐭𝐨 𝟒 𝐭𝐢𝐦𝐞𝐬 𝐦𝐨𝐫𝐞 to borrow than the US.
Since 2020, average bond yields:
– Africa: 9.8%
– Latin America: 7.1%
– Asia/Oceania: 5.5%
– USA: 2.8%
Developing countries now pay 𝟐 𝐭𝐨 𝟒 𝐭𝐢𝐦𝐞𝐬 𝐦𝐨𝐫𝐞 to borrow than the US.
Since 2020, average bond yields:
– Africa: 9.8%
– Latin America: 7.1%
– Asia/Oceania: 5.5%
– USA: 2.8%
𝟐.𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 people live in places that spend more on servicing their debt than educating their children.
𝟐.𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 people live in places that spend more on servicing their debt than educating their children.
Although it is possible to bend the curve, while bringing people out of poverty.
Although it is possible to bend the curve, while bringing people out of poverty.