Pope begins reshaping Vaticans financial management

February 25, 2014 03:46

Pope Francis on Monday announced a major restructuring of the Vatican's outdated administrative and economic bureaucracy as he established an agency to oversee budgets and financial planning and also created a powerful post of auditor general to guard against fiscal mismanagement.

The changes are the latest example of how Francis is moving to confront management problems in the Vatican as part of his broader mandate to overhaul the Roman Curia, the administration that runs the Holy See. He has begun shuffling personnel while also speaking out against careerism in the Roman Catholic Church, especially inside the Vatican.

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