- JONATHAN FOYE
Sydney, Australia
A new report by the United Nations Global Crisis Response Group, A World of Debt, recently found that 52 countries are in serious debt trouble.
In comments made following the release of the report, UN Secretary-General Antnio Guterres particularly drew attention to the way poorer nations relied on private creditors who charge sky-high rates and were forced to borrow more for their economic survival”. He warned that more than three billion people suffer from their governments need to prioritise debt interest payments over essential investments in the Sustainable Development Goals or in the transition to renewable energy. He attributed these levels of public debt in developing countries t…
Read the full article at: https://www.sightmagazine.com.au/features/31441-forgiving-what-s-owed-what-does-the-bible-say-about-the-controversial-issue-of-debt-relief