Pope Francis Names Panel to Overhaul Vatican Finance Structure
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Pope Francis set up a committee to overhaul the Holy See’s financial structure and improve its transparency following several corruption investigations.
The eight-member panel will propose solutions “to avoid the misuse of economic resources, to improve transparency in the processes of purchasing goods and services,” the Vatican said in a statement on its website today. It will also give advice on how “to work with ever greater prudence in the financial sphere,” according to the statement, which didn’t mention the Vatican Bank by name.