G7 leaders say they will enhance efforts to address global debt vulnerabilities

- G7 leaders said in a statement on Tuesday they would enhance efforts to address "escalating global debt vulnerabilities that threaten economic stability and constrain fiscal space for essential public service intervention".

They also called for increased support to countries with sustainable debt and strong reform agendas but which are crowded out from investment opportunities, and urged multilateral development banks to promote the use of risk-sharing instruments.