Pandemic coronavirus has caused the Vatican and the Pope to tighten the belt. State revenues, which is formed from donations, money received from the Vatican museums, and other facilities under the management of the Holy see, began to fall sharply. This writes Vaticannews with reference to the head of the Secretariat for the economy of the father of Juan Antonio Guerrero Alves.
In recent years the Vatican has regularly faced budget deficit. Revenues were stable at € 270 million, and spending 60-70 million higher. In the year 2020 due to the introduction on the background of the coronavirus limits and actual stopping of the tourism industry income of the Vatican is expected to fall by 25-45 percent.
“Someone might think that the deficit is the hole resulting from poor management. But our spending is aimed at supporting Dads as well as for philanthropic activities,” said Guerrero.
According to him, when the Vatican approves the budget for the year 2020, it was decided to cut spending to reduce the deficit.
Earlier it was reported that cardinal Konrad Krajewski in charge of the humanitarian programme of the Vatican, sent the cash assistance group-transsexual prostitutes in the city near Rome. According to 56-year-old Krajewski, is not that other, as the following Christian principles.
