VFCP asks the World Bank, International Monetary Fund, and other international financial institutions and organizations to cancel all debts of developing nations across the globe on humanitarian grounds. This is because the protocol of the International Arbitration is not working as ‘it is generally agreed, with the Greeks as far back 600BC’ and…Treaty of Amity, Commerce, and Navigation between Great Britain and the United States, 1794.’ The Internation Arbitration does not provide sustainable solutions to reflect current socio-economic developments in the aftermath of the coronavirus engulfing human development and the global economy. Therefore, all developing nations’ debts need to be canceled to create a legacy of a Debt-Free World in this Golden Era Vulnerable Free World.
VFCP asks all judicial departments and banks across the globe to cancel all debts of individuals, businesses, organizations, and nations. The world has been dramatically affected by the coronavirus and disasters which demands a profound consideration of debt cancelations in this Golden Era Vulnerable Free World.
Francis Asante-Boadu
Living Celestial Personality