A Historic Moment For the Vatican

Global Institute of Church Management collaborated with the Administration of the Patrimony of the Apostolic See to offer an English translations for its first ever published balance sheets.
The Catholic Weekly: Questions Intensify Over Money Flow

Speaking at a webinar on transparency in the Catholic Church, Cardinal Pell, former prefect of the Vatican Secretariat for the Economy said that Pope Francis’ efforts to reform the Vatican’s finances, including a recent measure that removed financial assets from the control of the Vatican Secretariat of State, would hopefully bring much-needed accountability. “There’s no […]
National Catholic Register: Cardinal Parolin Letter Not a ‘Smoking Gun’ Regarding Failed Vatican Property Deal

Fr. Gahl speaks to the National Catholic Register on the steps Pope Francis has taken to increase trust in Vatican finances
katholiche.de: Kardinal Pell fordert bessere Rechenschaft beim Peterspfennig

Der Vatikan sollte die Verwendung von Spenden des sogenannten Peterspfennigs nach Ansicht von Kardinal George Pell genauer dokumentieren. Er könne die Enttäuschung und Skepsis vieler Spender nach dem Finanzskandal des vatikanischen Staatssekretariats verstehen, sagte Pell am Donnerstag bei einem Online-Seminar in Rom. Die Einnahmen des Peterspfennig sollten für karitative Zwecke verwendet werden, teils auch für den Betrieb der Kurie, “aber sicher nicht […]
Religion News Service: Cardinal Pell calls for more laity involvement in Vatican financial reform efforts

“The Catholic people are entitled to honesty and efficiency,” Pell said at the online event (Jan. 14) organized by the Global Institute of Church Management. “Financially I’m not sure the Vatican can continue on much longer losing money the way we’re losing money” he added, pointing to the financial pressures of the COVID-19 pandemic and […]
Crux: Vatican financial reform going in the right direction, Pell says

Pell referred to both past and present Vatican scandals, suggesting that had these steps been taken sooner, “A good deal of the present troubles, especially the London troubles, they might not have been prevented, but they certainly would have been recognized earlier.” Pell’s mention of London refers to the controversial $225 million land deal in […]
Catholic News Agency: Cardinal Pell: ‘Clear headed’ women will help ‘sentimental males’ clean up Vatican finances

Speaking during a Jan. 14 webinar about financial transparency in the Catholic Church, Pell praised the appointees as “highly competent women with great professional backgrounds.” “So I’m hopeful they will be very clear headed on the basic issues and insist that we sentimental males get our act together and do the right thing,” he said. […]