Pope Urges World Leaders to Reduce or Forgive Debts Burdening Poor Nations - THISDAYLIVE

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Pope Urges World Leaders to Reduce or Forgive Debts Burdening Poor Nations - THISDAYLIVE
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Pope Urges World Leaders to Reduce or Forgive Debts Burdening Poor Nations

In an Easter message at the Vatican yesterday, the pope said by reducing or cancelling debts, countries would be in a better position to respond to the coronavirus outbreak.

“In light of the present circumstances, may international sanctions be relaxed, since these make it difficult for countries on which they have been imposed to provide adequate support to their citizens, and may all nations be put in a position to meet the greatest needs of the moment through the reduction, if not the forgiveness, of the debt burdening the balance sheets of the poorest nations.”

There should be solidarity the world over to confront the disease he described as an “epochal challenge” posed by the global health crisis, he said.

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