Secretariat for the Economy explained

The Secretariat for the Economy (Italian: Segreteria per l'economia) is a dicastery of the Roman Curia with authority over all economic activities of the Holy See and the Vatican City State.[1]

Description

Pope Francis established the secretariat in a motu proprio, Fidelis dispensator et prudens, published on 24 February 2014. It is headed by a prefect–originally a cardinal–who reports directly to the Pope.[2] It is, after the Secretariat of State, the second dicastery named a secretariat, an indication of its importance relative to other parts of the Curia.[3] The seat of the secretariat is in Saint John's Tower in the Vatican Gardens.[4]

Cardinal George Pell, Archbishop of Sydney, was named the secretariat's first Prefect and "asked to start work as soon as possible".[5] Pell said he would begin work at the Vatican "by the end of March."[6] The Pope also announced the formation of a Council for the Economy to set policy guidelines for the secretariat and analyze its work. The council comprises eight cardinals or bishops and seven lay persons "with strong professional financial experience," chosen so that the body represents the global church. These members were named on 8 March.[5] [7] The council was headed by a Cardinal Reinhard Marx as coordinator.[8] On 5 June 2015, Pope Francis appointed Libero Milone as Auditor General.[8] [9]

A meeting of the Council for the Economy was held in September 2014 to discuss the statutes of the new secretariat. The council also discussed the transfer of responsibilities from the Administration of the Patrimony of the Apostolic See to the Secretariat for the Economy and the criteria for establishing a budgeting system.[10]

On 3 March 2014, Pope Francis appointed Monsignor Alfred Xuereb as the first General Secretary of the Secretariat.[11] Xuereb later left this post in February 2018.[12] On 22 March, Pope Francis appointed Monsignor Brian Ferme, an Australian-born jurist and head of the St. Pius X Faculty of Canon Law in Venice, as the first Prelate Secretary of the Council that oversees the Secretariat.[13]

In a motu proprio issued on 9 July 2014 the responsibilities of the Secretariat for the Economy were extended considerably, since it decreed that the Ordinary Section of the Administration of the Patrimony of the Apostolic See (APSA) is to be transferred to the Secretariat,[14] giving the latter control over purchasing and human resources.[15]

In April 2021, a motu proprio mandated that certain senior Vatican appointees provide transparent information regarding their personal finances.[16]

Both the Secretariat and Council were given formal status in February 2015.[17]

On 5 June 2022, as provided for in the apostolic constitution Praedicate evangelium which took effect in that day,[18] Prefect Juan Antonio Guerrero Alves notified the other Curial departments that he was creating within his Secretariat a Directorate for Human Resources to manage the human resources functions of the Roman Curia.[19]

Prefects

See also

Notes and References

  1. Web site: New Coordination Structure for the Economic and Administrative Affairs of the Holy See and Vatican City State . Holy See Press Office . 24 February 2014 . 24 February 2014.
  2. News: Reese. Thomas. Cardinal Pell is new Vatican financial watchdog . 25 February 2014 . National Catholic Reporter. 24 February 2014.
  3. News: Allen Jr.. John L.. Financial reform shows crafty political side of pope. 25 February 2014. Boston Globe. 25 February 2014.
  4. Web site: Pope Francis observes, judges, and acts. And begins establishing a parallel Curia . MondayVatican . 3 March 2014 . 3 March 2014 . Andrea Gagliarducci.
  5. Web site: Australian Cardinal to head new Vatican Secretariat for Economy . News.va . 24 February 2014 . 24 February 2014.
  6. News: Rocca. Francis X.. Pope establishes panel, with lay members, to oversee Vatican finances. http://webarchive.loc.gov/all/20150109225834/http://www.catholicnews.com/data/stories/cns/1400772.htm. dead. 9 January 2015. 25 February 2014. Catholic News Service. 24 February 2014.
  7. 28 February 2019 . 8 March 2014 . Commento al Comunicato sulla Nomina dei Membri del Comnsiglio per l'Economia del Derettore della Sala Stampa, Rev.Do P. Federico Lombardi, S.I., 08.03.2014. Holy See Press Office . it .
  8. Web site: Motu proprio "Fidelis dispensator et prudens" for the Management of the Economic Assets of the Holy See. Vatican Information Service. 26 February 2014. dead . https://web.archive.org/web/20140302120043/http://www.vis.va/vissolr/index.php?vi=all&dl=1ad89c78-6719-1176-bf48-530c5b262d10&dl_t=text%2Fxml&dl_a=y&ul=1&ev=1. 2 March 2014. dmy-all.
  9. it . 28 February 2019. Holy See Press Office . Rinunce e nomine, 05.06.2015 .
  10. News: 5 September 2014 . 28 February 2019. Meeting of Vatican Council for the Economy Ends . Zenit.
  11. News: Tornielli. Andrea. Francis appoints Fr. Xuereb as secretary general of the Vatican's new economy secretariat . 3 March 2014. Vatican Insider. 3 March 2014.
  12. News: La Stampa . 28 February 2019 . Two new nuncios from the Roman Curia, Xuereb leaves the Secretariat for the Economy. 23 February 2018 . Andrea . Tornielli.
  13. Web site: Mickens, Robert . Vatican's New Finance Expert is a Man of Myster . 13 August 2016 . Global pulse magazine. https://web.archive.org/web/20160913082724/http://www.globalpulsemagazine.com/news/vaticans-new-finance-expert-is-man-of-mystery/383 . 13 September 2016 .
  14. Web site: New Economic Framework for the Holy See . Vatican Information Service . 9 July 2014 . 13 July 2014.
  15. Web site: After scandals, Vatican aims to be model on finances . Boston Globe . 9 July 2014 . 13 July 2014 . John L. Allen Jr. . John L. Allen Jr. .
  16. http://www.vatican.va/content/francesco/en/motu_proprio/documents/papa-francesco-motu-proprio-20210426_trasparenza-finanzapubblica.html RECANTE DISPOSIZIONI SULLA TRASPARENZA NELLA GESTIONE DELLA FINANZA PUBBLICA April 26, 2021
  17. https://www.catholicnewsagency.com/news/31618/cardinal-pells-vatican-economy-office-gets-new-statutes Cardinal Pell's Vatican economy office gets new statutes
  18. Web site: Praedicate Evangelium, sulla Curia Romana e il suo servizio alla Chiesa nel Mondo (19 marzo 2022) . Pope Francis . 8 June 2022 . Dicastero per la Comunicazione - Libreria Editrice Vaticana . Article 217 .
  19. News: 8 June 2022 . Crux . New HR office could be real revolution at heart of Pope's reform . 7 June 2022 . John L. . Allen Jr. .
  20. Web site: Cardinal Pell no longer prefect of Vatican's economy secretariat . Catholic News Agency . 26 February 2019 . 27 February 2019.
  21. Comunicato della Sala Stampa della Santa Sede, 29.06.2017 . Vatican Press Office . 29 June 2017 . 27 February 2019 . it .
  22. Rinunce e nomine, 14.11.2019 . 14 November 2019 . Holy See Press Office . 14 November 2019.
  23. Resignations and Appointments, 30.11.2022 . 30 November 2022. Holy See Press Office. 30 November 2022.

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