VATICAN CITY
National Catholic Reporter
by Cindy Wooden,Catholic News Service | Dec. 20, 2012
Vatican City —
The Vatican’s new internal financial oversight procedures recognize that human beings can make mistakes, but that the Catholic church as a whole has an obligation to handle the money it receives with honesty and great care, said the head of the Vatican budget office.
Cardinal Giuseppe Versaldi, head of the Prefecture for the Economic Affairs of the Holy See, told reporters Thursday that the new regulations for his office and its oversight of the budgets of all Vatican offices were designed to ensure “the correct and transparent use of the temporal goods of the church.”
“It’s not that we don’t trust people,” he said, “but because as Catholics we recognize the existence of original sin,” so structures must be in place to correct errors “with charity in truth.”
The prefecture, established by Pope Paul VI in 1967, functioned mainly as the Vatican’s central accounting office, consolidating the budget forecasts and the year-end budget reports of Vatican offices.
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