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Biden and Ruto launch global debt relief initiative

2 years ago
in World
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Our Correspondent

NEW YORK: US President Joe Biden and Kenyan President William Ruto have launched the Nairobi-Washington Vision. A global initiative to alleviate the crushing debts burden on developing countries, including Pakistan.


The plan urges creditor nations to reduce financing barriers and international financial institutions to coordinate debt relief and support.


This move aims to promote economic growth, stability and prosperity in vulnerable countries, fostering a more equitable and sustainable future.

Tags: BusinessDebt burdenJoe Biden Ruto
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