Vatican reports $3.3 million deficit was significantly less than expected - CathNews New Zealand

Vatican reports $3.3 million deficit was significantly less than expected

Monday, August 15th, 2022

Latest News

The Vatican reported that projections of an expected deficit of 33.4 million euros for 2021 ended in a shortfall of just 3.3 million euros.

“We are not looking for surpluses but for sustainability of the Holy See’s service,” Jesuit Father Juan Antonio Guerrero Alves, prefect of the Secretariat for the Economy, told Vatican News on 5 August.

“A deficit of 3 million euros in a budget of 1.1 billion is not a lot; it is practically balanced, and it does not seem like a figure to cause concern. But if we do a more detailed analysis, there are some areas for improvement ahead,” he said the day before the publication of the Holy See’s consolidated financial statement for 2021.

Related Posts:

Additional reading

News category: News Shorts, World.

Tags: Fr Juan Antonio Guerrero Alves, Vatican finances

Analysis and Comment
- We don’t need women deacons
  
  Women deacons are in effect working well in the Church, except we do not call them deacons, and they are not ordained. This is the view of Dr Joe Grayland, theologian, author and parish priest of three parishes in Palmerston Read more
- Married priests, women priests and laity send Terry and me to Hell
  
  This is not an easy article to write, but it has been with me for a long time. It comes to the surface when I’m told that priests feel threatened by the ordination of women. – Originally reported 22 May, Read more
- Love George Pell or loathe him, we should all be grateful that justice has been delivered
  
  Some Australians, including many victims of child sexual abuse, revile George Pell. Others hold him in high esteem. Neither of these groups will have their minds changed about Cardinal Pell, regardless of what any court might determine. The majority of Read more
- Editorial Comment: “See how they love one another”
  
  The editors at CathNews New Zealand and Pacific have been saddened by some aggressive and even offensive comments that have been submitted to our website. Not all of them have been approved for publication. – Originally reported 29 May 2015. Read more

Search CathNews

Search for:
NZCBC CathNews

First Name:

Last Name:

Email:

We respect your email privacy

Powered by AWeber Email Marketing