Secretariat for the Economy

The Latest

Bishop Nunzio Galantino, president of APSA.

Vatican increasing ‘liquid’ assets as it faces financial impact of pandemic, economic officials say

Jul 24, 2021

By Hannah Brockhaus

The Vatican's balance sheet showed a deficit of $78 million in 2020. Read more

Fr. Juan Antonio Guerrero Alves.

Vatican asks for donations to Peter’s Pence ahead of annual collection

Jun 25, 2021

By Hannah Brockhaus

In 2020, Catholics gave $52.7 million to Peter's Pence -- down 18% from 2019. Read more

Fr. Juan Antonio Guerrero Alves.

Vatican economy secretariat issues regulations on new norms for awarding public contracts

Jun 22, 2021

By CNA Staff

The new regulations “apply to all purchases of services, supplies, and works.” Read more

Cardinal George Pell

EXCLUSIVE: Cardinal Pell calls for better fiscal accountability at the Vatican

Jun 9, 2021

By Matt Hadro

Cardinal George Pell – the former prefect of the Vatican’s Secretariat for the Economy – called for stronger fiscal accountability... Read more

St. Peter's Basilica.

Vatican: Peter's Pence, donations, keeping projected deficit to $60 million in 2021

Mar 12, 2021

By Hannah Brockhaus

The Vatican said Friday it plans to lower operational expenses by 8% in 2021, while it relies on donations and... Read more

Cardinal Pietro Parolin celebrates Mass in St. Peter's Basilica on April 27, 2017.

Pope Francis transfers financial administration out of Secretariat of State

Nov 5, 2020

By Hannah Brockhaus

Pope Francis has requested that all responsibility for financial funds and real estate assets, including a controversial London property, be... Read more

Pope Francis receives Cardinal George Pell in a private audience at the Vatican Oct. 12, 2020.

Pope Francis meets with Cardinal Pell at the Vatican

Oct 12, 2020

Former Vatican finance czar Cardinal George Pell met with Pope Francis in a private audience at the Vatican Monday.  Read more

Fr. Juan A. Guerrero, S.J.

Economy prefect says Vatican must be ‘a house of glass’ as 2019 figures released

Oct 1, 2020

By Hannah Brockhaus

The Vatican’s Secretariat for the Economy released the 2019 balance sheet for the Roman Curia Thursday.  Read more

Cardinal George Pell.

Cardinal Pell thanks Pope Francis after Cardinal Becciu resigns

Sep 25, 2020

Cardinal George Pell thanked Pope Francis Friday following the dramatic resignation of Vatican Cardinal Angelo Becciu.  Read more

Fr. Juan Antonio Guerrero.

Two Vatican officials sign agreement to cooperate on fighting corruption

Sep 18, 2020

By Hannah Brockhaus

The Vatican’s prefect of the Secretariat for the Economy and the auditor general signed a memorandum of understanding Friday on... 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

St. Peter's Basilica.

Pope Francis appoints Spanish layman as secretary general of Vatican's economy office

Aug 4, 2020

By Hannah Brockhaus

Pope Francis Tuesday appointed a Spanish layman with a long career in finance economics to the number two position in... Read more

Pope Francis moves financial records office under Secretariat for Economy

May 20, 2020

By Hannah Brockhaus

Pope Francis Wednesday moved the office of the Vatican’s financial records database under the management of the Secretariat for the... Read more

Fr. Juan Antonio Guerrero Alves.

Pope Francis names Spanish Jesuit head of Vatican's economy secretariat

Nov 14, 2019

By Hannah Brockhaus

Pope Francis Nov. 14 appointed Spanish Jesuit Fr. Juan Antonio Guerrero Alves as prefect of the Secretariat for the Economy,... 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, then-prefect of the Secretariat for the Economy, at the Vatican's Apostolic Palace, March 17, 2016.

Cardinal Pell no longer prefect of Vatican's economy secretariat

Feb 26, 2019

Alessandro Gisotti, interim Holy See press office director, confirmed Tuesday via Twitter that Cardinal George Pell is no longer prefect... Read more

St. Peter's Square.

Vatican: suspended audit not intended to block curial reform

Apr 26, 2016

By Elise Harris

The Vatican clarified Tuesday that the recent suspension of an external audit of Vatican finances by Pricewaterhouse Cooper is due... Read more

Archbishop Giovanni Angelo Becciu, the Vatican's deputy Secretary of State, whose April 12 letter suspended the PwC audit of Vatican finances.

Suspended audit reveals power struggle at the Vatican

Apr 25, 2016

By Andrea Gagliarducci

The recent suspension of an audit of Vatican finances by a major accounting firm shed light on a lively debate... Read more

St. Peter's Basilica and the flag of Vatican City.

Budget-keeping at the Vatican: in transition toward a new era

Jul 18, 2015

By Andrea Gagliarducci

The Holy See and Vatican City State administration released their 2014 financial statements Thursday amid an ongoing process to reform... Read more

Cardinal George Pell, prefect of the Secretariat for the Economy, says Mass at the St. Lorenzo Youth Centre in Rome, Jan. 30, 2015.

Cardinal Pell's Vatican economy office gets new statutes

Mar 4, 2015

By Andrea Gagliarducci

Statutes for the Vatican's three finanical oversight bodies were released earlier this week, largely consolidating the influence of the Secretariat... Read more