2012-02-16 12:20:28

Statement on Holy See's organizational and economic problems


The Council of Cardinals studying the organizational and economic problems of the Holy See released a statement on Thursday concerning the consolidated draft budget of the Holy See and the draft budget of the Governatorate of the Vatican City State for the year 2012 :

The Council of Cardinals charged with studying the organizational and economic problems of the Holy See held a meeting in the Vatican on Tuesday the 14th and Wednesday the 15th February, chaired by the Secretary of State, his Eminence Cardinal Tarcisio Bertone, SDB.

11 Cardinals from around the world took part in the two-day meeting along with high-ranking officials from the Prefecture for the Economic Affairs of the Holy See, the Governatorate, the Administration for the Patrimony of the Apostolic See and from Vatican Radio.

The participants heard a report on the consolidated draft budget for 2012 of the Holy See and afterwards on the draft budget for the Governatorate. In their interventions afterwards, the Cardinals, whilst voicing their satisfaction with the projected budget, did not fail to mention their concern for the overall global financial crisis which also has had an impact on the Vatican’s own economic situation.

This is particularly evident when it comes to the Holy See whose irreplaceable source of funding comes from the offerings of the faithful. The members of the Council expressed their deep gratitude for the support these faithful give, often anonymously, to the universal ministry of the Holy Father and appealed to them to continue these good works.








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