Tapio Laakso (@tapiolaakso.bsky.social)

Developing countries ‘need more debt relief’ to fund education and health Research warns poorer governments prioritising debt payments over essential development spending Developing countries need a fresh round of debt relief, to prevent money urgently needed for health and education being diverted to creditors, according to a major new report commissioned by the late Pope Francis. The Jubilee report, produced by a panel of experts chaired by Nobel prize-winning economist Joseph Stiglitz, argues for debt restructuring, along the lines of the Heavily Indebted Poor Countries initiative (HIPC). Continue reading... https://www.theguardian.com/world/2025/jun/20/developing-countries-debt-write-off-alleviate-extreme-poverty-report?utm_source=dlvr.it&utm_medium=bluesky&CMP=bsky_gu