Pope Francis’ Call for Debt Relief for Poor Countries in the 2025 Jubilee Year
At the beginning of the 2025 Jubilee Year, Pope Francis called for the forgiveness or significant reduction of the debts of poor countries. He emphasized that this action was not out of generosity, but rather as a necessity for social justice. The Pope pointed out that many countries are unable to repay their debts, and this situation threatens their future. He also proposed the creation of a new financial system based on solidarity and coordination to prevent recurring cycles of debt.
This call follows the tradition of Pope John Paul II in the 2000 Jubilee Year, which led to the forgiveness of significant debts for poor countries.
Source: AP News
