Yakov Fedorov / Wikimedia Commons
CV NEWS FEED // Pope Francis told the Dicastery for Communication in a meeting on October 31 to expect budget cuts, telling them to “exercise a bit more discipline with money.”
According to a Reuters article, the Holy Father continued, “You need to find ways to save more and seek other funds, as the Holy See cannot continue to support you as it does now.”
The Dicastery for Communication “has hundreds of personnel and takes up a big chunk of the city-state’s budget. It includes Vatican Media, which provides TV, radio and internet services in more than 50 languages,” Reuters reported.
Also this week, the Vatican announced that cardinals’ salaries would receive a 10% pay cut, as CatholicVote previously reported. Vatican’s Secretariat for Economic Affairs Maximino Caballero announced the pay cut to the cardinals through a letter, describing it as “a necessary sign of willingness to serve” during the Vatican’s economic reforms.
Pope Francis had written a letter to cardinals in September explaining that the Vatican was attempting to achieve a “zero deficit” agenda and emphasizing the importance of the “implementation of ethical policies that allow for improving the economic performance of existing assets.”
The Pope continued, “On the cost reduction side, we need to give a concrete example so that our service is carried out with a spirit of essentiality, avoiding the superfluous and selecting our priorities well.”
