The statement provided is false. The G-8 Summit is not for the leaders of the world's weakest economies. Instead, it is an annual meeting of the leaders of some of the world's most powerful and industrialized countries. The G-8 (Group of Eight) consists of the United States, Canada, France, Germany, Italy, Japan, the United Kingdom, and Russia (formerly included, now the G7).
These countries come together to discuss global economic issues, security matters, and other international concerns. The G-8 Summit is aimed at promoting cooperation among these major economies to address shared challenges and work towards common goals.
In contrast, initiatives aimed at supporting the world's weakest economies and fostering their development are often carried out through organizations like the International Monetary Fund (IMF), the World Bank, and various United Nations programs specifically designed to assist developing nations.
