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G5 leaders play victim of economic crisis: Singh

Updated on Jul 09, 2009 10:00 pm IST

The Group of Five main emerging economies said in Italy on Wednesday that the developing countries are bearing a major brunt of the global financial crisis, which they did not create. India's Prime Minister Manmohan Singh highlighted the affect of the global crisis on developing countries. He also stressed on the need to evolve a coherent strategy of growth that brings about a higher standard of living without harming the environment.

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