Biden: Infrastructure investments in emerging economies a game changer
Leaders of Group of Seven (G7) nations meet on June 13, 2024 with representatives of international organizations to discuss projects developing infrastructure and investment in emerging economies. Partnership for Global Infrastructure and Investment (PGII), a $600 billion initiative by G7 in private and public funds over five years, is to finance much-needed infrastructure in developing countries United States President Joe Biden said, "this is a game changer. That economy is going to have over two billions of people very shortly, and it really is a game changer."