The Limited Times

Now you can see non-English news...

Vatican: Holy See deficit 11 million, it was 75 in 2018

2020-10-01T19:44:46.776Z


"The Holy See is not a large economic entity. We had revenues of 307 million euros, we spent 318 million euros. Our deficit is 11 million. We have a net worth of 1,402 million euros." (HANDLE)


"The Holy See is not a large economic entity. We had revenues of 307 million euros, we spent 318 million euros. Our deficit is 11 million. We have a net worth of 1,402 million euros."

Thus the Vatican prefect for the Economy, the Jesuit father Juan Antonio Guerrero Alves, presenting the 2019 budget of the Roman Curia in the media of the Oltretevere.

The 2019 deficit is however much lower than that of 2018, equal to 75 million.

"The Curia is not the whole Vatican - he explains -.


    By adding the budget of the Governorate, of the Obolo, of the IOR, of the Pension Fund and of the Foundations that help the mission of the Holy See, a net worth of about 4,000 million euros is obtained. If we were to consolidate everything, there would be no deficit in 2019, nor was there in 2016, the last year in which all these accounts were consolidated.


    "" It is possible that, in some cases, the Holy See was, beyond that badly advised, even scammed ", said Guerrero, commenting on the scandals of these days." I think we are learning from past mistakes or imprudences - he observes -.


    Now it is a question of accelerating, at the decisive and insistent impulse of the Pope, the process of knowledge, internal and external transparency, control and collaboration between the various departments ". 

Source: ansa

All life articles on 2020-10-01

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.