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Commonwealth warns that crippling public debt prevents investing in young people
A new report by the Commonwealth Secretariat warns that rising public debt and tighter budgets are forcing governments to prioritise loan repayments over investment in young people, limiting opportunities for the Commonwealth’s 1.5 billion young people. The report, Public Debt and Youth Development in Commonwealth Member Countries was launched at the opening of the week-long Commonwealth Public Debt Forum in London, alongside a research paper on the ‘International Monetary Fund’s Resilience and Sustainability Facility - Three Years On’. [...]