Pope Francis Orders Vatican To Get Finances Under Control

The Vatican's budget deficit doubled in 2018, raising concerns about its impact on the Pope's mission and preservation efforts. The Vatican's budget is heavily allocated to salaries, with revenue generated from museums and contributions to the Holy See. Past corruption at the Vatican Bank led to reforms under Pope Francis. Leadership changes have left the Vatican without a finance chief, prompting new strategies to secure its economic future.

What concerns do Vatican officials have regarding the budget deficit?

How does Vatican City generate revenue?