💨 Abstract

The Vatican's Jubilee Commission, assembled to bring debt relief and fairer financing to the world's poor, is facing challenges due to the death of Pope Francis and US aid cuts. Developing countries are grappling with shrinking concessional financing and difficulty accessing bond markets due to US tariffs. The Commission's work, which includes proposals for quicker debt restructuring and affordable lending, will continue.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖