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Pope calls for debt reduction for poorer countries to mark the Vatican's 2025 Jubilee Year

  • Pope Francis is urging wealthy countries to substantially reduce or cancel debt for poorer nations as a matter of justice for the Vatican's 2025 Jubilee Year.
  • In his message, Francis referenced St. John Paul II’s warning in Jubilee Year 2000 that debt 'threatens the future of many nations.'
  • The Jubilee Year will formally commence on Christmas Eve when Francis opens the Holy Door of St. Peter’s Basilica, attracting around 32 million pilgrims to Rome.
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In the message for January 1, 2025 released today, Francis relaunches the appeal that was already made by John Paul II in 2000, inviting us to associate him with the elaboration of “a new global financial charter, based on solidarity and harmony between peoples.” The text also called for other actions on large social debts: the elimination of the death penalty and the allocation to the fight against hunger and the development of at least part of…

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Winnipeg Free Press broke the news in Winnipeg, Canada on Thursday, December 12, 2024.
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