VATICAN CITY
National Catholic Reporter
Cindy Wooden Catholic News Service | Jul. 8, 2014
VATICAN CITY
The Vatican’s final budget figures for 2013 showed a deficit on the part of the Roman Curia, but a strong performance by entities falling under the separate Vatican City State budget covered the deficit and helped the Vatican end the year 8.5 million euros ($11.6 million) in the black.
The Prefecture for the Economic Affairs of the Holy See, the Vatican’s budget management office, presented the consolidated budgets for the Holy See and for Vatican City State to members of the new Council for the Economy on Saturday, and a summary was released by the Vatican press office Tuesday.
The budget of the Holy See, which includes the offices of the Roman Curia and the Vatican communications outlets, ended 2013 with a deficit of more than 24.4 million euros. More than half the figure — 14 million euros — was attributed to a steep drop in the value of the Vatican’s investments in gold.
In 2013, the average price of gold fell more than 29 percent from its average value in 2012.
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