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Pope Francis urges world society to cancel debts of poor countries hit by Covid-19 pandemic

Source : 112 Ukraine

Regeneration packages must be developed and deployed at global, regional and national levels
20:54, 1 September 2020

CNBC

Pope Francis I urged the world community to cancel the debts of the most vulnerable countries that suffered due to the pandemic of Covid-19. The Pontiff said so in his address placed on the website of the Vatican

"We should not forget the historic exploitation of the global South that has created an enormous ecological debt, due mainly to resource plundering and excessive use of common environmental space for waste disposal. It is a time for restorative justice. In this context, I repeat my call for the cancellation of the debt of the most vulnerable countries, in recognition of the severe impacts of the medical, social and economic crises they face as a result of Covid-19. We also need to ensure that the recovery packages being developed and deployed at global, regional and national levels must be regeneration packages. Policy, legislation and investment must be focused on the common good and guarantee that global social and environmental goals are met", reads the message.

Related: Pope Francis prays for flood victims in Ukraine

In April, the Pope urged for an immediate ceasefire in global conflicts and writing off the debts in the developing countries. He also offered to weaken the sanctions during the pandemic.

Related: Pope welcomes ceasefire agreement in Donbas

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