Pope Francis appointed number two to the Vatican Secretariat for the Economy

In recent years, the Secretariat for the Economy has defined the budgetary criteria of the Holy See, a procurement law was promulgated and new models of prudential management of the Vatican’s finances have been launched.

Above all, more entities have been included in the scope of the Holy See budget, as explained in the January 2022 budget forecast and later confirmed in the August 2022 budget.

Then there is the process of transferring all the funds of the dicasteries to the Institute for Works of Religion, defined after the reform of the Curia with a rewritten from Pope Francis last August 22, and it is this restrictive interpretation that could have played an important role in Fr. Guerrero’s decision to resign, considering that part of the funds have not yet been transferred.

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