Vatican faces budget deficit up to €50 million

Vatican faces budget deficit up to €50 million Pope Francis walks past artwork showing the dome of St. Peter's Basilica and two doves during his general audience in this file photo. Photo: CNS
In the wake of the economic fallout due to the Covid-19 pandemic, the Vatican Secretariat for the Economy said it expects a multimillion-dollar deficit in its budget for 2021. In a statement released February 19, the Vatican said Pope Francis signed off on the Holy See’s 2021 budget, which was proposed by the secretariat and…
Click here to subscribe