VATICAN CITY
Vatican Information Service
Vatican City, 24 February 2014 (VIS) – We publish below the full text of Pope Francis’ Apostolic Letter issued Motu proprio, “Fidelis et dispensator Prudens”, and dated today, 24 February.
“Like a faithful and prudent manager who has the task of carefully looking after what has been entrusted to him, the Church is aware of her responsibility to protect and manage her assets, in the light of her mission of evangelisation and with particular care for those in need. In a special way, the management of the economic and financial sectors of the Holy See is intimately linked to its specific mission, not only in the service of the universal ministry of the Holy Father, but also in relation to the common good, with a view to the full development of the human person.
After having carefully consulted the results of the work of the Commission for Reference on the the Organisation of the Economic-Administrative Structure of the Holy See (cf. Chirograph of 18 July 2013), and after consultation with the Council of Cardinals for the reform of the Apostolic Constitution ‘Pastor Bonus’ and with the Council of Cardinals for the study of economic and administrative problems of the Holy See, by this Apostolic Letter issued Motu proprio, I adopt the following measures:
COUNCIL FOR THE ECONOMY
1. The Council for the Economy is hereby instituted, with the task of offering guidance on economic management and supervising the structures and the administrative and financial activities of the Dicasteries of the Roman Curia, of the Institutions connected to the Holy See, and of Vatican City State.
2. The Council for the Economy is composed of fifteen members, eight of whom are nominated from among the Cardinals and Bishops in order to reflect the universality of the Church, and seven of whom are lay experts of various nationalities, with recognised professional financial competences.
3. The Council for the Economy shall be presided over by a Cardinal coordinator.
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