Vatican plans expenditure cuts for 2021 without hurting jobs, mission catholicsun.org

Revenue shortfalls and a current budget deficit require increased efficiency, transparency and creativity while working to continue to fully carry out the mission of the universal church, said the head of the Vatican’s economic office.

“A time of financial challenge is not a time to give up or to throw in the towel, it is not a time to be ‘pragmatic’ and forget our values,” Jesuit Father Juan Antonio Guerrero Alves, prefect of the Secretariat for the Economy, told Vatican News March 12.

“Protecting jobs and wages has been a priority for us so far,” the priest said. “Pope Francis insists that saving money does not have to mean laying off employees; he is very sensitive to the plight of families.”…

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