The Holy See: There are countries that spend more in debts than health and education

EDOARDO GIRIBALDI – VATICAN CIDAD

“Unfortunate financial charges” are a symptom of “deep fractures” in global systems, which end “violating the dignity of the human person.” The reaffirmation of the principle of the abolition of debt means a solution to a solution to a crisis that directly affects the “development” of affected countries and the renewal of global obligations in favor of “justice” and “solidarity”. These were the words of the head of bishops, Eitor Balro, the permanent observer of the Holy See before the United Nations and other international organizations in Geneva, during his speech yesterday, May 12, at the twenty -sixth session of the working group on the right to development, on the occasion of an interactive dialogue entitled “The Crisis of Debt and the Right to Development”.

Crisis numbers

The introduction recalled that this discussion coincided with the Holy Year, which confirms how the jubilee represents a special occasion to rethink the issue of international debt, “which threatens the future of many countries, especially the poorest.” The “crisis”, which is still closely related to the development of these countries, said that the representative of the Vatican, “has retracted two decades, as it reached the record, which amounted to $ 11.4 billion in 2023, equivalent to nearly 99 % of the export income,” and this is currently 3.3 people who suffer from this with greater attention. “

Economy in the service of people

Consequently, the position of the Apostolic Chair is formed as a “invitation to work” to face a crisis that threatens “deeper rupture in global obligations with justice and solidarity.” The guidelines for addressing these issues must be based on human dignity and the public good. “Economic systems should be in the service of people, not the other way around,” said Monneorus Palroe. It is also necessary to meet loans and loans with “responsibility” standards. The permanent observer of the Apostolic Chair recalled the words of Pope Francis in the encyclopedia Laudato yes: The external debt of poor countries should not become a “control instrument.” He concluded the introduction to no less important, which is respect for “justice” and the need to frame every scale in the authentic context of “global solidarity”.