VATICAN CITY
Vatican Information Service
Vatican City, 4 July 2013 (VIS) – On Tuesday 2 and Wednesday 3 July, a meeting was held of the Council of Cardinals for the Study of Organisational and Economic Problems of the Holy See, presided over by Cardinal Secretary of State Tarcisio Bertone S.D.B. Particularly noteworthy was the visit on Wednesday 3 by the Holy Father Francesco, who addressed the speakers and engaged in a brief dialogue, reiterating the aims and purpose of the Council and inviting the continuation of periodical meetings.
Cardinal Giuseppe Versaldi, president of the Prefecture for the Economic Affairs of the Holy See, presented before the Council first the report on the consolidated financial statement of the Holy See for the year 2012 and subsequently that of the Governorate of Vatican City State.
The consolidated financial statement for the Holy See for the year 2012 closes with a profit of € 2,185,622, due mainly to good performance in financial management.
The most significant categories of expenditure are those regarding the cost of personnel,(2,823 persons), means of social communication considered in their entirety, and the new property taxes (IMU) which resulted in an increase in expenditure of € 5,000,000 compared to the previous year’s figures.
Note: This is an Abuse Tracker excerpt. Click the title to view the full text of the original article. If the original article is no longer available, see our News Archive.