The Pope And His Financial Power: 3 Things To Know

The Pope And His Financial Power: 3 Things To Know

We all know Pope Francis as the leader of the Christian world. But he is more than just a religious figure. Francis has a huge amount of financial power within the Vatican and, unless you keep up to date on all that, goes unknown to the rest of the world. Fortunately, we have a few key facts regarding this topic, so let’s dig in.

POPE FRANCIS REVOLUTIONIZED VATICAN ECONOMICS

Pope Francis has tried to clean up the Vatican’s cluttered finances ever since coming into power. Back in 2014, Francis started by establishing three new bodies to monitor the Vatican’s economy. There is the Office of the Audit. Gen. to provide verification, the Department for the Economy to oversee everything, and the Council for the Economy to set policy.

POPE FRANCIS IS OPEN TO NEW IDEAS

While Pope Francis started these three new sectors, he is still open to new ideas. The statutes are approved as “ad experimentum.” Hence, the system is going to take on new shapes in the future. Think of it as a constantly evolving force. If all this money talk seems a little “unreligious” to you, don’t worry. Francis is on top of that all.

POPE FRANCIS USES THE ECONOMY TO UPHOLD CANON LAW

For those that don’t know, canon law is divine worship, caring for the support of the clergy and other ministers and various works of charity. Especially towards those that need it. Hence, Francis wants to uphold the canon law with the Church’s economy. It is not just going into his pockets so he can buy a mansion on the southern coast of Italy.

Perhaps that’s how it worked in the past but Francis wants to clean up the operation. Furthermore, Francis states that it’s essential for whoever does the economic surveillance to be completely separated from the one being surveilled.

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