Our UCC conference, and our church, voted in 2015 to become Jubilee conferences, which honors the biblical concept of debt relief for the poorest. I encourage you to read these addresses from Eric LaCompte, Executive Director of Jubilee USA, addressing the UN conference on Covid 19 crisis recovery and debt relief. This year is really important. The United Nations estimates that 265 million more people are facing famine due to the coronavirus crisis. The International Labor Organization says 400 million jobs will be wiped out and the IMF asserts the current economic crisis rivals the Great Depression.
During Jubilee Weekend 2020: Curing Poverty, Inequality and the Coronavirus, the IMF and World Bank will make decisions that will determine whether or not tens of millions of people will enter extreme poverty or if hundreds of millions of people in the US and around the world can exit poverty. As coronavirus wreaks havoc around the globe and induces a global economic crisis on par with the Great Depression, we need to make a strong call for debt cancellation, relief and increased aid to address the crisis in developing countries.
