Reflections on life, meaning and purpose

Fr Guerrero: We have reduced costs and will show our accounts to Bishops’ Conferences

The Prefect of the Secretariat for Economy describes how the scope of the Holy See’s budget has increased with the inclusion of new entities. The total deficit expected for 2022 is €33 million, compared to the €42 budgeted for 2021: “Containment of expenditures, without reducing the Pope’s charitable work, but rather increasing it.” A forthcoming report on Peter’s Pence is expected to show a 15% reduction in 2021 contributions.

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