Results from Tag: 'vatican finances'
The Holy See’s annual report, which indicates a smaller-than-expected deficit but an uncertain future, includes the financial status of previously undisclosed Church entities as part of a trend toward greater transparency.
The policy, which continues Pope Francis’ reform of Vatican finances, will go into effect Sept. 1.
The circumstances surrounding the property’s purchase are the focus of an ongoing trial in the Vatican courts.
The watchdog authority is responsible for financial intelligence, as well as combating money laundering and the financing of terrorism.
The Secretariat of State, as the central body of the Holy See, was called on not only to manage itself economically and make investments, but also to help the Holy See survive financially.
Cardinal Pell Highlights ‘Somewhat Incomplete’ Account Given by Cardinal Becciu at Vatican Finance Trial
May 6 statement released, reflecting on Cardinal Becciu’s statement at the trial.
Sister Gloria Cecilia Narváez Argoti was kidnapped in February 2017 and held until her Oct. 9, 2021, release.
In his personal statement, which he took almost two and half hours to read, the 73-year-old cardinal responded to accusations against him and explained details of his position.
Peter’s Pence is the Holy See’s annual collection to finance the Pope’s charitable works and other priorities, including the Roman Curia.