Pope invited Kaberuka in Rome for New Economic policy consultative meeting

{Pope Francis has, last week, invited global economic thinkers to discuss how they can put in place a new economic policy that ensures equal sharing of resources among countries.
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Among the figures who attended the meeting include Nobel Peace Laureate Professor Muhammad Yunus who was invited by Pope Francis to attend a special meeting of global thinkers organized by the Vatican on “The Global Common Good: Towards A More Inclusive Economy”. The meeting was held at Vatican City from 11-12 July, 2014.

The Catholic Church under the leadership of Pope Francis is seeking to formulate a new economic policy taking into account the spiritual perspective. Pope Francis who has been an outspoken critic of the global economic system took this initiative to hold a consultation meeting on what is needed at the global policy level to overcome the social plagues that humiliate the dignity of the person.

In line with his predecessors, Pope has declared his opposition to the absolute autonomy of markets and financial speculation and to an attitude of indifference that characterizes today’s political, economic and social situation.

The Catholic Church is interested in Professor Yunus’s concept of social business, and his view on the role of selflessness in the economy. He was invited, among other global thinkers, to participate in the discussion.

Others who were present in this two day consultation meeting were, among others, Jose Angel Gurria, Secretary General, OECD, Mark Carney, Governor of Bank of England, Michel Camdessus, Former Managing Director, IMF, Ngozi Okonjo-Iweala, Finance Minister of Nigeria, Donald Kaberuka, President of African Development Bank, Vandana Shiva, Environmental Activist, Huguette Labelle, Chairman, Transparency International and Jeffrey Sachs, Director of the Earth Institute of Columbia University, among many others.

The Pontifical Council for Justice and Peace was the organizer of the conference and is a part of the Roman Curia dedicated to “action-oriented studies” for the international promotion of justice, peace, and human rights from the perspective of the Roman Catholic Church.