The U.S. Treasury Department last week said it was open to extending the G20 common framework to include middle-income countries and small island states, but that view was not shared by all G20 members.

Eric LeCompte, executive director of Jubilee USA Network, said the G20 had made great strides toward addressing the staggering debt burden of many countries. “It shows the growing understanding of how serious the crisis is, and how much more serious it can get,” he said.

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