Council for the Economy

The Latest

Cardinal Reinhard Marx, president of the Vatican’s Council for the Economy.

Vatican economy council meets in person to discuss investment policy

Jul 15, 2021

By CNA Staff

The pandemic has increased the pressure on the Vatican’s already tight budget. Read more

Vatican City flag waiving over St. Peter's dome - Bohumil Petrik / CNA

Modernizing Vatican finances a ‘huge task,’ says economy council member

May 20, 2021

By Courtney Mares

Ruth Kelly is one of seven lay people on the Vatican Council for the Economy. Read more

St. Peter's Basilica and the Vatican flag.

Council for the Economy discusses 2021 Vatican budget

Feb 17, 2021

By Hannah Brockhaus

The Vatican’s Council for the Economy met on Tuesday to discuss the details of the annual budget for 2021.  Read more

Cardinal Reinhard Marx, president of the Council for the Economy.

Council for the Economy discusses Vatican pension fund

Dec 17, 2020

By Hannah Brockhaus

The Council for the Economy held an online meeting this week to discuss several challenges to Vatican finances, including the... Read more

Pope Francis appoints six women to economy council

Aug 6, 2020

By Hannah Brockhaus

Pope Francis on Thursday named 13 new members to the Council for the Economy, which oversees Vatican finances and the... Read more

Vatican department heads meet to discuss budget deficit

Sep 20, 2019

By Hannah Brockhaus

The heads of dicasteries and Vatican City State institutions met Friday to discuss finances and how to reverse a reportedly... Read more

Cardinal George Pell, prefect of the Secretariat for the Economy, at the Pontifical Lateran University, Oct. 3, 2014.

Economy secretariat advances financial transparency at the Vatican

Nov 6, 2014

By Andrea Gagliarducci

The Vatican's new financial management policies focused on accountability are described in a handbook delivered by the Secretariat for the... Read more

Pope Francis in Paul VI Hall during an audience on March 16, 2013.

Pope offers encouragement to new Council for the Economy

May 2, 2014

Pope Francis gave words of encouragement to the Vatican’s new Council for the Economy, stressing concern for the poor and... Read more

Pope Francis shapes Vatican finances under advice from his cardinals

Mar 31, 2014

The appointment of Msgr. Brian Edwin Ferme as prelate secretary of the newly established Council for the Economy shows Pope... Read more

St. Peter's Basilica.

Pope appoints Canon Law expert to Council for Economy

Mar 22, 2014

Today Pope Francis nominated an expert in the Church’s legal system as the new Prelate Secretary for the recently-created Council... Read more

St. Peter's Basilica from the Via de la Conciliazione in December 2010.

Pope chooses global leadership for Vatican economic office

Mar 8, 2014

The Pope has announced the names of eight cardinals and seven lay experts from around the world chosen to serve... Read more