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Lord Livermore (Lab)

Speaking in the House of Lords on 17 July 2025

Debate

Tackling Unsustainable Debt

Contribution

That is exactly what our approach is designed to do. As I have said, multilateral action is the right way forward. The G20 common framework remains the best available tool for us to tackle debt vulnerabilities, bringing together traditional and newer creditors to co-ordinate on debt treatment, which is critical given the more diverse creditor landscape that we currently face.

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