Cardinal George Pell issues new finance guidelines for Vatican officials

VATICAN CITY
9 News

Pope Francis’s financial hatchet man, Australian Cardinal George Pell, has issued Vatican officials with a money managment manual as part of a drive to clean up church finances.

All members of the Vatican bureaucracy will be required to observe the rulebook by January 1.

Pell was brought in by Pope Francis to bring the church’s financial management into line with international accounting standards.

In a letter to staff, Pell wrote that the introduction of the manual would be accompanied by a training program for employees and auditing by external consultants, according to the religious news agency I-media on Thursday.

Francis signalled his determination to make the Vatican’s finances more transparent and less vulnerable to abuse by handing Pell wide-ranging powers as the head of a newly-created Secretariat for the Economy earlier this year.

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