Learn English: Pope Francis's Financial Legacy (hard)

1 day, 14 hours ago

Pope Francis's Financial Legacy

Pope Francis significantly improved the Roman Catholic Church's troubled finances, attracting substantial donations from various sources.

His efforts to restore confidence involved creating a fundraising committee for the Vatican's administration and addressing budget shortfalls.

While the Pope's initiatives successfully boosted donations, the future of these financial reforms remains uncertain with a new Pope soon to be elected.

Major donor organizations are closely observing the upcoming papal election, hoping the financial reforms will continue under the new leadership.

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Source

Original: NY Times (Business)

Tags

#Pope Francis #Vatican finances #Catholic Church #donations #papal succession

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