As Coronavirus Hits Vatican Revenue, Pope Cuts Pay for High-Ranking Clerics

ROME — In an effort to include prices and save jobs amid a stoop in vacationer {dollars} and donations because of the coronavirus pandemic, Pope Francis has ordered across-the-board pay cuts for the cardinals and different higher-ranking clerics working within the Vatican

Cardinals will see their revenue trimmed by 10 p.c, based on a decree revealed Wednesday. The superiors of Vatican departments could have their salaries lowered by 8 p.c, whereas 3 p.c cuts shall be utilized to upper-level monks and nuns. A two-year wage freeze has been imposed on different staff at increased pay grades.

The pandemic has “negatively influenced all sources of revenue for the Holy See and Vatican Metropolis State,” Francis wrote in an apostolic letter. “A sustainable financial future requires at the moment, amongst different choices, adopting measures that additionally concern worker salaries.”

The cuts, which go into impact on April 1, have an effect on solely the staff of the Holy See, Vatican Metropolis and related establishments, together with the Vicariate of Rome. They won’t apply to Vatican personnel who can show that they can’t maintain the prices of non-public medical care or that of shut relations.

Of the roughly 5,000 individuals employed within the Roman Curia, the executive establishments of the Holy See, and in Vatican Metropolis State, cardinals have the best month-to-month salaries, various between 4,000 to five,000 euros, or about $4,700 to $5,900, based on Mimmo Muolo, the creator of the 2019 e-book “The Church’s Cash.” The Vatican doesn’t make salaries of officers public.

The pope is not going to be affected by the cuts as a result of he doesn’t obtain a wage. “As an absolute monarch he has every little thing at his disposal and nothing at his disposal,” Mr. Muolo stated. “He doesn’t want an revenue as a result of he has every little thing that he wants.”

Working on the Vatican provides perks, with many staff dwelling in Vatican-owned housing and paying effectively beneath market charges.

The financial fallout of the coronavirus pandemic has “closely impacted” revenues, the Vatican’s Secretariat for the Financial system wrote in a observe in February.

The 2021 funds accepted by Francis projected a deficit of 49.7 million euros, regardless that working prices had been slashed by 24 million euros as in contrast with 2019, the yr earlier than the pandemic. Personnel bills account for about half of the funds.

The Rev. Juan Antonio Guerrero Alves, the Vatican’s prime financial official, stated this month that income was anticipated to be about 213 million euros in 2021, a 30 p.c discount from 2019.

“The disaster brought on by the pandemic is the reason for this restrictive funds,” Father Guerrero Alves stated in an interview with the Vatican’s information portal two weeks in the past. He stated that cost-cutting had lowered journey, additional time and assembly bills and had led to the postponement of renovations and a few purchases. However the Vatican has not minimize jobs.

“Pope Francis insists that saving cash doesn’t need to imply shedding staff; he’s very delicate to the plight of households,” he stated.

The Holy See’s revenue comes from actual property administration, investments and donations. Vatican Metropolis State has a separate funds and will get a part of its income from the Vatican Museums, which had 6.7 million guests in 2019, based on The Art Newspaper. The museums have been open on and off final yr due to the pandemic. Of the 1.3 million guests last year, 1,000,000 got here earlier than the nationwide lockdown began in early March 2020.

“The bills budgeted for 2021 are the bottom within the current historical past of the Holy See, however the financial savings have been made with out reducing the service to the pope’s mission and defending salaries and jobs for workers,” Father Guerrero Alves stated. “We’d like the assist of the trustworthy.”

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