MONEY TRAP: A UNESCO report showed that children lost out to servicing foreign debt in 113 countries, with 18 spending five times more on loans than education The Guardian Most developing countries spent less on education than they did repaying debt last year, a UN agency said, at the same time as global aid to education is predicted to decline by up to 30 percent.More was spent on servicing foreign debt than on education in 113 developing countries last year, research by the UN’s culture and education agency UNESCO said. In sub-Saharan Africa, countries spent 3.6 times more on debt than education.The situation is likely to be exacerbated by funding cuts, the agency said. People buy vegetables at a market in Colombo on Nov. 23, 2024. Photo: Reuters Low and lower-middle-income countries hav