VATICAN CITY (RNS) — Six months into 2020, nations around the world are already floundering to salvage their crippled economies.
The Vatican is no exception.
Travel bans and lockdown in Italy have shut down the usual robust tourist trade. The Vatican’s world-renowned museums, which usually draw tens of thousands of people a day and generate millions of dollars in revenue, remain mostly empty.
The financial blow dealt by the pandemic has put a dent in charitable donations.
All told, revenue at the Vatican will likely be down between 25% and 45% this year, according to the Rev. Juan Antonio Guerrero Alves, head of the prefect of the Secretariat for the Economy.
All of which adds pressure to Pope Francis’ attempts to reform the Vatican’s finances.