Ifpri Podcast

Debt Distress and the Right to Food in Africa Co-organized by IFPRI and Welthungerhilfe (WHH) October 2, 2024 More than half of low-income countries are at risk of debt distress or have already defaulted. The debt crisis, while exacerbated by recent crises, has been looming for several years. According to the United Nations, 3.3 billion people now live in countries that spend more on interest repayments than on education or health, and in sub-Saharan Africa, governments are spending 53 percent of revenue on debt servicing. What do these debt trends mean for efforts to address food insecurity and uphold citizens’ right to food? Twenty years after the adoption of the Voluntary Guidelines on the Right to Food (RtF) by the UN Food and Agricultural Organization, many countries that adopted RtF in their constitutions still face high levels of food and nutrition insecurity. Although the Guidelines incorporate clear guidance on pursuing debt relief to allow for the progressive realization of the RtF, debt repaymen