Prefecture for the Economic Affairs of the Holy See

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Coordinates: 41°54′11″N 12°27′30″E / 41.90302°N 12.45842°E / 41.90302; 12.45842

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Roman Curia

The Prefecture for the Economic Affairs of the Holy See is an office of the Roman Curia, erected on 15 August 1967, and entrusted with overseeing all the offices of the Holy See that manage finances, regardless of their degree of autonomy.

It does not manage finances itself, but instead audits the balance sheets and budgets of the offices that do. It then prepares and publishes annually a general financial report. It must be consulted on all projects of major importance undertaken by the offices in question.[1]

The Vatican Bank, which does not manage property of the Holy See, is not overseen by the Prefecture.[2] This prefecture is also distinct from the Administration of the Patrimony of the Apostolic See, which was formed from the merger of the Administration of the Property of the Holy See and the Special Administration of the Holy See.

Cardinal Giuseppe Versaldi is the current President of the Prefecture, and Rev. Lucio Ángel Vallejo Balda is the secretary. Joseph F. X. Zahra, a member of the governing council of the "Centesimus Annus-Pro Pontefice" Foundation, is international reviser of the Prefecture.

Presidents[edit]

  1. Angelo Dell'Acqua (23 September 1967 —13 January 1968)
  2. Egidio Vagnozzi (13 January 1968 —26 December 1980)
  3. Giuseppe Caprio (30 January 1981 —22 January 1990)
  4. Edmund Szoka (28 April 1990 —15 October 1997)
  5. Sergio Sebastiani (3 November 1997 —12 April 2008)
  6. Velasio de Paolis (12 April 2008 —21 September 2011)
  7. Giuseppe Versaldi (21 September 2011 — present)

References[edit]

  1. ^ Annuario Pontificio 2007 (ISBN 978-88-209-7908-9), p. 1901
  2. ^ Pollard, 2005, p. 2.

Bibliography[edit]

  • Pollard, John F. (2005). Money and the Rise of the Modern Papacy: Financing the Vatican, 1850–1950. Cambridge University Press.
  • Malachi Martin - Rich Church, Poor Church (Putnam, New York, 1984) ISBN 0-399-12906-5