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Friday, January 22, 2010


VATICAN CITY, 22 JAN 2010 (VIS) - A communique published today announces that the Council of Cardinals for the Study of the Organisational and Economic Problems of the Holy See met on 20 and 21 January under the presidency of Cardinal Secretary of State Tarcisio Bertone S.D.B.

  The order of the day "was the discussion of the consolidated budget of the Holy See and the budget of the Governorate of Vatican City State, for the year 2010".

  During the meeting Archbishop Velasio De Paolis C.S., president of the Prefecture for the Economic Affairs of the Holy See, explained that "the largest cost is that concerning the payment of employees who work in the Vatican, whose number stands at 2,668. Although it is foreseen that these costs will be contained, the relative financial burden is nonetheless growing because of the adjustment of wages to the cost of living. In addition, there are the costs concerning Vatican Radio and other media institutions": the Vatican Press, L'Osservatore Romano, the Vatican Publishing House and the Vatican Television Centre.

  As for the budget of the Governorate of Vatican City State, Archbishop De Paolis explained how that organisation "administers its finances autonomously and has substantially overcome the difficulties of previous financial years, enabling it to look to the future with greater confidence.

  "Apart from the costs associated with the institutional activities of the State, the governorate also meets the costs deriving from the maintenance of buildings", he added.

  The communique concludes by noting how the Holy Father visited the participants in the meeting and "listened to their observations with great interest, thanking everyone concerned for their valuable assistance to the Apostolic See".
OP/HOLY SEE GOVERNORATE BUDGETS/...                VIS 20100122 (290)

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