Guerrero: Holy See’s bottom line is in view of mission

Vatican News

May 13, 2020

By Andrea Torniello

The Vatican is not at risk of default, says the Prefect of the Holy See’s Secretariat for the Economy. “We are not a company. Everything can be measured in terms of deficit. We live thanks to the help of the faithful and we pay 17 million Euros a year in taxes to Italy. We work for a transparent system and for the centralization of investments.”

Father Juan Antonio Guerrero Alves was appointed just a few months ago as Prefect of the Secretariat for the Economy. Pope Francis himself called on him to carry out a reform that aims at the economic transparency of the Holy See and an ever more efficient use of the goods and resources at the service of its evangelizing mission. Fr Alves now finds himself having to deal with the crisis caused by Covid-19. Not wanting to grant this interview, he explained that he thinks “there are other more important things in the Church. I would also have liked to wait longer before speaking. However, this moment is challenging for everyone – for us as well. It also requires clarity.”

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