Vatican Steps in on Debt Crisis, Offers Hope to Ghana, More
3 Articles
3 Articles
Vatican Steps in on Debt Crisis, Offers Hope to Ghana, More
The Vatican has announced the formation of a new global commission of economic experts to tackle the worsening sovereign debt crisis affecting Ghana and numerous other nations across the Global South. The establishment of the high-level Commission of Experts, revealed this week, is aimed at offering viable solutions to what the Pope has described as a “deepening moral and economic challenge” confronting vulnerable countries weighed down by unsus…
Research warns that governments in developing countries are prioritizing debt repayment over basic development spending
The Vatican wants to solve the global debt crisis. Our political ...
National debt is often held by private lenders charging extortionate rates — draining much needed funds from schools and hospitals in the developing world. As the Jubilee Debt Commission meets today, Bishop Stephen Wright explains how the issue can be solved for good
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