Pope: Jubilee Year an occasion to cancel foreign debt

Speaking to participants in a Vatican conference on debt in the Global South, Pope Francis says that the upcoming Jubilee Year is an opportunity to cancel or reduce debt owed by poorer countries.

05 June 2024
By Joseph Tulloch On Wednesday morning, Pope Francis met with participants in a conference entitled “Debt Crisis in the Global South", organised by the Vatican’s Pontifical Academy of Sciences. The Pope joked about the early start to the meeting, which was held at 7:45am, apologising to participants for “dragging you out of bed.” Millions left without future Pope Francis then moved on to discuss the debt crisis, underlining the extent of the problem. “After a mismanaged globalisation, ...
Read more