Pope Francis advocates debt forgiveness for poor countries

Pope Francis, on Wednesday, advocated debt forgiveness for poor countries to enable the internationally indebted nations to come out of the woods and develop.
He made the call in his 2025 World Day of Peace message, annually marked on January 1, to encourage peace worldwide.
The theme of the global event for 2025 is ‘Forgive Us Our Trespasses, Grant Us Your Peace’.
The Pope’s message was read by the Catholic Archbishop of Lagos, Most. Rev. Alfred Martins, during Mass to commemorate the day. The event was marked at the Holy Cross Catholic Cathedral, Lagos, to promote peaceful co-existence.
“God does not weigh up the evils we commit. Rather, He is immensely rich in mercy, for the great love with which He loved us (Eph 2:4). That yet He also hears the plea of the poor and the cry of the earth.
“What the world will do is simply to stop for a moment, at the beginning of 2025, to think of the mercy with which He constantly forgives our sins and forgives our every debt so that our hearts may overflow with hope and peace,” said the Pope.
The leader of the Vatican added, “In teaching us to pray the ‘Our Father’, Jesus started by asking the Father to forgive our trespasses, but passes immediately to the challenging words, ‘as we forgive those who trespass against us (cf. Mt 6:12).
“In order to forgive others their trespasses and to offer them hope, we need to be filled with that same hope, the fruits of our experiences of God’s mercies.”
According to him, hope overflows in generosity, and it is free of calculation, making no hidden demands to raise those who have fallen, healing broken hearts and setting free those in bondage.
He said, “At the beginning of this Year of Grace, I will like to offer three proposals capable of restoring dignity to lives enable people to set out anew on the journey of hope.
“In this way, the debt crisis can be overcome and all of us can once more realise that we are debtors whose debts have been forgiven.”
He renewed the appeal launched by Saint John Paul II on the occasion of the Great Jubilee of the year 2000 to consider reducing substantially, if not cancelling outright, the international debt which threatens the future of many nations.
He appealed to more prosperous countries to forgive the debts of those nations that cannot repay the amount they owe.
He suggested that a new financial framework must be devised to create a global charter based on solidarity and harmony between peoples.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

World
Russian jailed 13 years for smuggling aircraft parts to Ukraine
The FSB said the man intended to deliver the spare parts to a key enterprise that maintains military aircraft and helicopters for the Ukrainian forces.
![Governor Ahmed Ododo of Kogi [Photo Credit: Twitter]](https://gazettengr.com/wp-content/uploads/G_al6PKXIAAfMKN.jpg)
States
Kogi School Abduction: We will never negotiate with criminals, Gov. Ododo says
“Let me reiterate that we will never negotiate with criminals. We will never pay ransom. We will rid Kogi of criminals,” Mr Ododo said.

NationWide
Nigeria, UN, U.S. deepen anti-crime partnership with first national strategy
The national strategy is expected to be officially unveiled on August 17.

World
Chinese President Xi seeks global cooperation to build artificial intelligence governance system
Chinese President Xi Jinping urged nations to build a just and equitable global artificial intelligence governance system.

Anti-Corruption
TD Bank insiders facilitating money laundering, fraud jailed 70 months
During the money-laundering scheme, 1,680 official bank checks were processed at TD Bank, totalling more than $92 million.

States
Ogun, IFAD distribute agricultural inputs to 2,740 cassava farmers
The distribution was done under the Special Agro-Industrial Processing Zones (SAPZ) programme of the Federal Ministry of Agriculture and Food Security.





