September 27, 2021
Economy

Faith groups urge richest nations to tackle financial turmoil worsened by pandemic – Catholic Standard

Leaders from the world’s 20 largest economies are facing “make-or-break” decisions that can boost health care, reduce poverty and address the impact of climate change in developing nations when they meet in October in Italy, said the executive director of an alliance of faith-based development and debt relief advocacy organizations.

The questions facing the Group of 20 nations, or G-20, range from charting a path to ease the debt burden of poor countries to ensuring more equitable distribution of vaccines in response to the coronavirus pandemic, said Eric LeCompte, executive director of Washington-based Jubilee USA.

The key to recovery from the pandemic will be ensuring that decision-makers are accountable to follow through on what they say they are going to do, LeCompte explained during an Aug. 24 webinar, “Poverty and COVID-19: Challenges and…

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