Vatican calls for debt relief: an urgent call to the world!

Vatican calls for debt relief: an urgent call to the world!

Genf, Schweiz - The Vatican once again urgently called for a debt decree for poor countries. At the meeting of the UN Human Rights Council in Geneva, the papal nuncio Ettore Balestrero pointed out that developing countries spend a lot of money on the repayment of foreign debts-13 times more than they provide for combating climate change. The current global public debt amounts to $ 97 trillion, an intolerable measure for many of these countries, which leads to drastic cuts in fundamental services such as education and health care. Pope Francis had already called on the global debt relief at the beginning of the year and would like to assume this responsibility, such as kathpress.at reported.

Archbishop Paul Richard Gallagher, the Vatican outdoor representative, supported this claim and appealed to the international community to take brave steps. He recognized the precarious situation of many developing countries in which almost half of the population spend more for their debts than for health and education. Gallagher advocated strong multilateralism to fight global problems such as poverty, migration and environmental destruction. The “ecological obligation” between the global north and south must also be included in the solutions. According to vaticannews.va remains preserved. Gallagher emphasized that religious freedom is a basic requirement for peace and that there are millions of people worldwide who are pursued due to their faith.