A dilemma for dozens of countries: Fund your schools and hospitals or pay your debt

A vendor in a market in Nigeria counts local bills. The country is one of dozens whose devalued currency is fueling a debt crisis.

There’s a looming debt crisis in many lower income countries. Low interest rates a few years back started the cycle. Then came a series of once in a generation shocks. Is there a solution?

(Image credit: Pius Utomi Ekpei /AFP via Getty Images)

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