Sri Lanka signs $2.5b debt deal with Japan

Japan’s ambassador to Sri Lanka Akio Isomata (left) with Sri Lanka finance ministry secretary Mahinda Siriwardana after signing the debt restructuring agreement (Ishara S. KODIKARA) Sri Lanka signed a deal with Japan Friday to restructure $2.5 billion in loans, marking the first agreement with bilateral creditors who had pledged debt relief to the cash-strapped nation…

Pope’s appeal for debt relief gains momentum

In an interview with Vatican News, Eric LeCompte, Director of Jubilee USA Network, explains how Pope Francis’ call for debt relief is being manifested in more than 160 countries and is having a global impact. By Deborah Castellano Lubov In more than 160 countries, Pope Francis’ call for debt relief is becoming manifest, says Eric LeCompte,…