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    • #EDUCATION

    Published on .

    According to UNESCO, 113 countries, home to 6.1 billion people, currently devote more resources to servicing their debt than to education. In response to this situation, the organization has published a guide on debt-for-education swaps, a mechanism that allows a portion of debt repayments to be redirected toward educational investments, at a time when the annual funding gap in the sector stands at $97 billion in low and lower-middle-income countries.

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