The crisis by Ovidius, the Pope requires the debt of poor states to be forgiven

The crisis by Ovidius, the Pope requires the debt of poor states to be forgiven

Due to the economic crisis caused by Washington-19, Pope Francescu reiterated the call for cancelling the debt that poor countries have. The Pope said that because of pandemic it's time for “rectification”. The pope is preparing for an audience with public presence to be held on Wednesday. This is the first audience [...]

The Pope said that because of pandemic it's time for “rectification”.

The pope is preparing for an audience with public presence to be held on Wednesday.

This is the first such audience since the beginning of the coronary pandemic in Italy, six months ago, AFP reports.

“I repeat my call for cancelling the debt of the most endangered countries, as a sign of recognition of the serious impact of the medical, social and economic crisis these countries are facing as a result of COVID-19”, the head of the Catholic Church said.

The World Bank warned last month that pandemic may have led up to 100 million people to extreme poverty.

Developed economies have already pledged to suspend the debt payments of poorer countries by the end of the year.

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