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Holy See Press Office Communiqué on the activity of the Council for the Economy, 21.07.2022

After a brief meeting held in May, in which it examined the relationship between current expenditure and the approved budget and studied the new Apostolic Constitution Praedicate Evangelium, the Council for the Economy met again yesterday, 20 July, at the Casina Pio IV.

The meeting was dedicated to the analysis of the Financial Statement for 2021, presented together with the general economic situation by the Secretariat for the Economy, and to its approval, also incorporating the Auditor General's report on the matter. Subsequently, Bishop Nunzio Galantino, president of APSA, offered a quantitative and qualitative presentation of the Holy See's real estate assets, emphasizing their specific characteristics and highlighting the efforts to achieve ever greater transparency, effectiveness and efficiency.

Finally, the Council focused on the report by Dr. Jean-Baptiste de Franssu, president of the IOR, on the Institute's Annual Report.

The meeting was held in mixed mode, with some participants in attendance and others via video link.

After scheduling the next meeting for October 2022, the meeting ended in the afternoon.