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Published 1 month ago

Biden, Kenyan leader urging global leaders to help lessen crushing debt on developing nations

  • Kenyan President William Ruto and US President Joe Biden will urge major economies to alleviate the debt burden on developing countries.
  • The leaders will introduce the Nairobi-Washington Vision to reduce financial barriers and provide debt relief to nations with high debt.
  • They aim to encourage multilateral banks to offer more favorable financing terms as part of their efforts.
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