VATICAN CITY (RNS) — As conflict, pollution and a pandemic plague the world, a new document issued by Pope Francis on Monday (June 1) – imposing transparency and efficiency measures within Vatican finances – may seem unimportant. But for observers within and outside the walled city-state, the pope’s move is a “game-changer.” 

The document completely overhauls the way the Vatican invests its money. As veteran Vatican reporter John Allen put it, “nothing Pope Francis has done prior to Monday has greater potential to truly remake the Vatican’s conventional ways and means.”

In the new document, Pope Francis wrote: “In order to allow for a more efficient handling of resources, I have decided to approve a series of norms aimed at promoting transparency, control and competition

Read More At Article Source | Article Attribution