Some dioceses and parishes will not survive financially in the future and while there is “pain in letting go” passing on the Faith is more important, the Primate of All Ireland has said. Simply “ensuring that the next generation of Irish people believe in God” is the reality the Church is facing, not the expensive upkeep of Read more
Posts Tagged ‘Catholic Church finances’
Church must understand financial systems, not just criticise
Monday, June 10th, 2024
Catholics must understand financial systems in order to influence fiscal policy positively, says Pope Francis. During a meeting on 3 June with participants of a sustainable finance conference, the Pope emphasised the need for Catholic social teaching to critique, comprehend and improve financial structures. The Church’s social teaching to serve as a “compass” in this Read more
Archdiocese of Samoa-Apia insolvent with liabilities of WST$23,424,718.
Friday, August 9th, 2013
A review of current financial position of the Archdiocese Samoa-Apia as at 18th June 2013, says the Archdiocese of Samoa-Apia is “insolvent”. This statement is contained in a review prepared by public Accountant, Tupuola Oloiali’i Koki Tuala, which the Samoa Observer says was leaked to the Sunday Samoan. In his report, Tupuola says the total Read more
Interview with Vatican Financial Oversight Director
Tuesday, March 26th, 2013
René Brülhart, 40, has been the director of the Vatican’s Financial Information Authority (FIA) for nearly half a year. The Swiss lawyer and former head of Liechtenstein’s financial intelligence unit is on a mission to clear the Vatican Bank of all suspicions of money laundering and other illegal financial transactions. SPIEGEL: Mr. Brülhart, are you partly Read more