VATICAN CITY
Vatican Information Service

Vatican City, 8 July 2014 (VIS) – During the meeting of the Council of the Economy on Saturday 5 July, the Prefecture for Economic Affairs of the Holy See, as is customary at this time of year, presented a report of the two main budgets for 2013: the consolidated financial statement of the Holy See and the financial statement of the Governorate of Vatican City State.

The data included in these statements may be summarised as follows:

The consolidated financial statement for the Holy See for the year 2013 closes with a deficit of € 24,470,549, due principally to negative fluctuations deriving from the valuation of gold, to the value of around € 14 million. Although evaluative elements and therefore not actualised, according to the accounting principles based on the criterion of prudence contained in the “Regulations for the Preparation of the Financial Statements…