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G7 leaders pledge to address global debt vulnerability

G7 leaders have pledged to step up efforts to address high debt burdens among developing countries, including middle-income countries not eligible ‌for a debt relief initiative launched by the broader Group of 20 large economies during the COVID-19 pandemic. In a joint declaration issued after a session that ‌included guest countries Kenya, Egypt, India, Brazil and South Korea, the G7 leaders affirmed their commitment to international co-operation on development while urging reforms and a greater emphasis on private investment. [...]