This research project examined how national debt levels influence social and economic development, particularly in low- and middle-income countries. It focused on assessing the impacts of rising public debt on essential services such as health, education, and infrastructure, and identifying policy options that promote sustainable borrowing and responsible debt management. Working with governments, civil society, and development partners, the initiative built a coalition, supported evidence-based dialogue on debt transparency, fiscal accountability, and equitable development financing. The project aimed to help countries balance growth needs with fiscal responsibility, reduce vulnerability to debt crises, and ensure that public resources contribute to long-term, inclusive development outcomes.

Supported advocacy efforts aimed at addressing the high cost of capital faced by African countries in global financial markets. It provided strategic guidance to build political support and alignment among civil society, governments, and regional stakeholders to strengthen their engagement in G20, B20 and T20 discussions. The initiative focused on highlighting structural inequities in the global financial system, promoting reforms to reduce borrowing costs, and increasing access to affordable financing. By amplifying evidence-based advocacy, the project contributed to efforts to enable sustainable development, economic growth, and equitable investment opportunities across Africa.