Looks like the Pope is pulling another Ron PaulSubmitted by egapele on Tue, 02/25/2014 - 11:46
Pope slashes spending, cuts waste, orders Vatican's books open for surprise audits. Next up, the Vatican Bank!
Pope makes first overhaul of Vatican finances in 25 years
By Nicole Winfield, Associated Press
Posted: 02/25/2014 05:22:46 AM EST
VATICAN CITY (AP) -- Pope Francis on Monday announced the first major overhaul of the Vatican's outdated and inefficient bureaucracy in a quarter-century, creating an economics secretariat to control all economic, administrative, personnel and procurement functions of the Holy See.
An auditor will be empowered to conduct audits of any Vatican agency, at any time, the announcement said.
The new structure is the result of a commission of inquiry appointed by Francis last summer to recommend ways to improve efficiency and transparency and reduce waste.
The pope has yet to announce any decision on the findings of the other commission of inquiry, concerning the scandal-marred Vatican bank.