Friday, November 22, 2024
Friday, November 22, 2024
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Church Finances
Pope Francis cuts salaries of Vatican cardinals again
Pope Francis has decided to cut the salaries of the cardinals working at the Vatican again, a measure that will take effect Nov. 1.
Pope Francis Asks Cardinals to Achieve "zero deficit" in the Catholic Church
Pope Francis has called on cardinals to work to achieve the goal of “zero deficit” in the economy of the Catholic Church.
New Policy Says Vatican Investments Cannot Contradict Catholic Teaching
A Vatican policy published Tuesday says that the Holy See’s financial investments cannot contradict Catholic teaching.
Vatican Documents Detail Suspicious Investments at Secretariat of State
A confidential report from the Vatican’s anti-corruption authority shows that the Secretariat of State has used about $725 million, most of which came from the pope’s charity fund, in off-books operations.
