The Bishops of Eastern Africa have appealed for negotiations towards debt cancellation to lighten the repayment burden for developing countries in Africa, as he calls the people of God to embrace the spirit of the Jubilee.
By Sr. Jecinter Antoinette Okoth, FSSA
Debt cancellation has become a pressing necessity in regards to global economics, social justice and financial stability, especially in developing countries in Africa which are struggling with unsustainable debt burdens.
At the launch of the Jubilee 2025 Debt Cancellation Campaign following Pope Francis solidarity appeal for “international community to work towards forgiving foreign debt in recognition of the ecological debt existing between the North and the…
