The report details how this debt crisis is jeopardising progress aimed at ending AIDS in Sub-Saharan African countries, which account for a significant majority of people living with HIV globally – 25.9 million people of the nearly 40 million total.
If debt payments and stifled budgets are unaddressed in the next three to five years, countries will be “under-resourced to fund their HIV responses,” according to the UN agency’s report.
Further data reveals that “the region’s success in having reduced new HIV infections by 56 per cent since 2010 will not be sustained if fiscal space is constrained.”
Paying back sovereign debt now exceeds half of government revenue in Angola, Kenya, Malawi, Rwanda, Uganda, and Zambia.
