Kenya's Ruto seeks G7 support in global finance reform
Bari, Italy (AFP) June 14, 2024
Kenyan President William Ruto on Friday urged the G7 summit to back a revamp of the global lending system to unlock increased support for debt-burdened developing countries.
African countries, facing mounting debt costs and a dearth of funds, have been demanding more equitable distribution of resources to better tackle poverty, cope with climate calamities and other challenges.
"Far too
Kenyan President William Ruto on Friday urged the G7 summit to back a revamp of the global lending system to unlock increased support for debt-burdened developing countries.
African countries, facing mounting debt costs and a dearth of funds, have been demanding more equitable distribution of resources to better tackle poverty, cope with climate calamities and other challenges.
"Far too