Prefecture for the Economic Affairs of the Holy See
Encyclopedia
The Prefecture for the Economic Affairs of the Holy See is an office of the Roman Curia
, erected on 15 August 1967, and entrusted with overseeing all the offices of the Holy See
that manage finances, regardless of their degree of autonomy.
It does not manage finances itself, but instead audits the balance sheets and budgets of the offices that do. It then prepares and publishes annually a general financial report. It must be consulted on all projects of major importance undertaken by the offices in question.
The Vatican Bank
, which does not manage property of the Holy See, is not overseen by the Prefecture. This prefecture is also distinct from the Administration of the Patrimony of the Apostolic See, which was formed from the merger of the Administration of the Property of the Holy See and the Special Administration of the Holy See
.
Archbishop Giuseppe Versaldi
is the current President of the Prefecture, and Rev. Lucio Ángel Vallejo Balda is the secretary. Joseph F. X. Zahra, a member of the governing council of the "Centesimus Annus-Pro Pontefice" Foundation, is international reviser of the Prefecture.
Roman Curia
The Roman Curia is the administrative apparatus of the Holy See and the central governing body of the entire Catholic Church, together with the Pope...
, erected on 15 August 1967, and entrusted with overseeing all the offices of the Holy See
Holy See
The Holy See is the episcopal jurisdiction of the Catholic Church in Rome, in which its Bishop is commonly known as the Pope. It is the preeminent episcopal see of the Catholic Church, forming the central government of the Church. As such, diplomatically, and in other spheres the Holy See acts and...
that manage finances, regardless of their degree of autonomy.
It does not manage finances itself, but instead audits the balance sheets and budgets of the offices that do. It then prepares and publishes annually a general financial report. It must be consulted on all projects of major importance undertaken by the offices in question.
The Vatican Bank
Vatican Bank
The Institute for Works of Religion , commonly known as the Vatican Bank, is a privately held institute located inside Vatican City run by a professional bank CEO who reports directly to a committee of cardinals, and ultimately to the Pope...
, which does not manage property of the Holy See, is not overseen by the Prefecture. This prefecture is also distinct from the Administration of the Patrimony of the Apostolic See, which was formed from the merger of the Administration of the Property of the Holy See and the Special Administration of the Holy See
Special Administration of the Holy See
The Special Administration of the Holy See was an office of the Curia of the Roman Catholic Church from 1929 to 1967. It was established by Pope Pius XI on 7 June 1929 to manage the ₤it...
.
Archbishop Giuseppe Versaldi
Giuseppe Versaldi
Archbishop Giuseppe Versaldi is the president of the Prefecture for the Economic Affairs of the Holy See, since his appointement by Pope Benedict XVI on 21 September 2011. He had previously served as bishop of Alessandria....
is the current President of the Prefecture, and Rev. Lucio Ángel Vallejo Balda is the secretary. Joseph F. X. Zahra, a member of the governing council of the "Centesimus Annus-Pro Pontefice" Foundation, is international reviser of the Prefecture.
Presidents
- Angelo Dell'AcquaAngelo Dell'AcquaAngelo Dell'Acqua was an Italian Cardinal of the Roman Catholic Church who served as Vicar General of Rome from 1968 until his death, and was elevated to the cardinalate in 1967.-Biography:...
(23 September 1967 —13 January 1968) - Egidio VagnozziEgidio VagnozziEdigio Vagnozzi was an Italian Cardinal of the Catholic Church. He served as the second president of the Prefecture for the Economic Affairs of the Holy See from 1968 until his death, and was elevated to the cardinalate in 1967.-Biography:Egidio Vagnozzi was born in Rome to Francesco and Pasqua ...
(13 January 1968 —26 December 1980) - Giuseppe Caprio (30 January 1981 —22 January 1990)
- Edmund Szoka (28 April 1990 —15 October 1997)
- Sergio Sebastiani (3 November 1997 —12 April 2008)
- Velasio de PaolisVelasio de PaolisVelasio de Paolis, CS JCD STL is an Italian cardinal of the Catholic Church. He was president emeritus of the Prefecture for the Economic Affairs of the Holy See and is Pontifical Delegate for the Congregation of the Legionaries of Christ.-Early life:De Paolis was born in Sonnino, and became a...
(12 April 2008 —21 September 2011) - Giuseppe VersaldiGiuseppe VersaldiArchbishop Giuseppe Versaldi is the president of the Prefecture for the Economic Affairs of the Holy See, since his appointement by Pope Benedict XVI on 21 September 2011. He had previously served as bishop of Alessandria....
(21 September 2011 — present)