Pope Francis has made headlines as he calls on the wealthier nations and institutions to reduce or potentially cancel debt owed by poorer countries. This plea, rooted firmly within the framework of global justice, aligns itself with the upcoming Vatican Jubilee Year slated for 2025, which opens new avenues for hope and renewal.
During his address, delivered at the Vatican, the Pope emphasized the pressing need for significant re-evaluations concerning international debts, stating, “Many nations find themselves unable to settle their outstanding debts.” He urged for substantial changes, alluding to the need for solidarity among nations so as to break free from the continuous cycles of debt and dependency.
This…
