Pope Francis Urges World Leaders to Cancel Debt of Poorest Countries

VATICAN CITY - In a powerful New Year's Day message, Pope Francis appealed to world leaders to "cancel or significantly reduce" debts owed by the poorest countries, warning that financial burdens can crush entire communities.

Speaking from St Peter's Square, where thousands gathered for his traditional Angelus prayer, the Pope emphasized the importance of forgiveness and social justice. He cited the example of God's willingness to forgive debts, as stated in the "Our Father," and encouraged leaders to follow suit by alleviating debt burdens on vulnerable nations.

"C canceling or significantly reducing the debts of the poorest countries is a moral obligation for all of us," Pope Francis said. "Let us not forget that every person, family, and people deserves dignity and respect."

The pontiff also used the occasion to condemn war and violence, declaring it "always a defeat" that destroys individuals, families, and nations. He extended his gratitude to those working towards dialogue and negotiations in conflict-ridden areas, and expressed hope for a more peaceful world.

Pope Francis referenced recent conflicts such as in Ukraine, Israel, Gaza, and Myanmar, saying that his thoughts are with those affected by violence and displacement. He urged leaders to prioritize peace and reconciliation over destructive ideologies.

The Pope also extended his New Year's greetings to Italian President Sergio Mattarella, who shared similar sentiments during his own address to the nation on Sunday.

"All Heads of State and Government, leaders of international organizations, civil and religious authorities are called to address the wounds of the world," Mattarella said. "We must take action to secure peace and address challenges such as migration, environmental degradation, and the risks posed by new technologies."

The Pontifical Academy of Social Sciences and the Initiative for Policy Dialogue recently published proposals to combat the growing debt crisis, which has far-reaching implications for global development and climate change.

As the world enters a new year, Pope Francis' words serve as a reminder that leadership and responsibility come with great moral obligation. The fate of the poorest countries and the future of our planet depend on the choices we make today.