Pope Consolidates Overhaul of Centuries-Old Financial Structure
This article is for subscribers only.
Pope Francis consolidated his overhaul of the Vatican’s financial system by publishing the statutes of three new economic bodies created to help increase transparency and modernize the centuries-old institution.
The statues of the Council for the Economy, the Secretariat for the Economy, and an independent Auditor General, all created in the past few years, were published on the Vatican website. Jointly, the bodies promote modern management principles and oversee Vatican offices that have operated independently in the past.