Pope Francis
Pope FrancisPope warns about organized crime that tries to profit from the pandemic Papa compares racism to a virus. Catholic priests promise to bless same-sex unions in defiance of the Vatican MORE on Wednesday it issued a decree calling for a 10 percent cut in cardinal salaries and a reduction in clerical wages in the Vatican in an effort to save the jobs of other officials.
The Vatican announced the order, saying the cuts will begin on the first day of April and that lower-level officials will see no effect on their salaries, according to Reuters.
Clerics and other department heads will see a 3 to 8 percent pay cut with salary increases suspended until March 2023. Senior officials and other papal basilicas in the Vatican will also follow the same cuts, Reuters reported.
Cardinals who work and live in the Vatican or Rome reportedly receive salaries of around 4,000 to 5,000 euros a month, which will be reduced according to the Pope’s order.
The Pope reportedly mentioned on several occasions that he did not want to fire any official, the media noted.
The Vatican’s chief economic official noted earlier this month that for the Holy See, which is the administrative body of the Catholic Church, almost 40 million euros in reserve finance may have to be used for the second consecutive year as a result of the pandemic. of coronavirus, Reuters report.
Due to COVID-19, the Vatican was forced to close the Vatican museums, which bring a large part of their funding, for almost 15 months. He expects a deficit of about $ 59.77 million this year.