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Low hopes for debt burden relief

The Observer

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June 29, 2025

From development to defence is the best way to describe the shift in spending priorities among wealthy world governments in the past year or so.

Even before Donald Trump returned to the White House, shutting down USAID and demanding Nato allies dramatically increase the share of their gross domestic product spent on defence, most of the hitherto leading countries on international aid, including Britain, had been slashing their commitments.

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