FeaturesGlobal IssuesHumanityLeadershipReligionSocietyWorld

Pope cuts pay for cardinals as Vatican finances hit by pandemic

Pope Francis has ordered pay cuts for cardinals and other clerics as the Vatican battles to balance its books during the pandemic.

Cardinals will see their pay reduced by 10% from April, the Vatican said.

  • BBC

They are believed to receive up to €5,000 (£4,300; $5,900) a month and often live in subsidised accommodation.

The Vatican expects a deficit of €50m this year. Its income has been badly hit by the closure of museums and other attractions in the pandemic.

The Pope has previously said that he does not want to fire people in difficult economic times.

In an apostolic…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button