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Prefecture For The Economic Affairs Of The Holy See
The Prefecture for the Economic Affairs of the Holy See was an office (a technical category of dicastery) 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. Description The prefecture did not manage finances itself, but instead audited the balance sheets and budgets of the offices that do. It then prepared and published annually a general financial report. It had to 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, was not overseen by the Prefecture.Pollard, 2005, p. 2. This prefecture was 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. Presidents # Angelo Dell'Acqua (23 September 1967 – 13 J ...
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Dicastery
A dicastery (; ; from ) is the name of some departments in the Roman Curia of the Catholic Church The Catholic Church (), also known as the Roman Catholic Church, is the List of Christian denominations by number of members, largest Christian church, with 1.27 to 1.41 billion baptized Catholics Catholic Church by country, worldwid .... ''Pastor bonus'' '' Pastor bonus'' (1988) includes this definition: ''Praedicate evangelium'' Under the new structure of the Roman Curia created by '' Praedicate evangelium'' ( effective since 5 June 2022), the former congregations and pontifical councils are replaced with dicasteries. Current dicasteries As of 2022, there are sixteen dicasteries: References {{Catholic Church footer ...
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Sergio Sebastiani
Sergio Sebastiani (11 April 1931 – 16 January 2024) was an Italian prelate of the Catholic Church who was head of the Prefecture for the Economic Affairs of the Holy See from 1997 to 2008. He was made a cardinal in 2001. From 1960 to 1994 he worked in the diplomatic service of the Holy See, becoming an archbishop and apostolic nuncio in 1976 and leading the offices representing the Vatican in Madagascar, Mauritius, and Turkey. Biography Sergio Sebastiani was born in Montemonaco, Italy. He studied at the Episcopal Seminary of Ascoli Piceno and later at the Archiepiscopal Seminary of Fermo. He continued his studies at the Pontifical Gregorian University in Rome where he earned his licentiate in theology and at the Pontifical Lateran University where he was awarded a doctorate in canon law. He was ordained on 15 July 1956 in Fermo. After this, he studied in Rome until 1960. Sebastiani served as secretary of nunciature in Perú, 1960–1962; in nunciature in Brazil 1962–1 ...
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Malachi Martin
Malachi Brendan Martin (23 July 1921 – 27 July 1999), also known under the pseudonym of Michael Serafian, was an Irish-born American Traditionalist Catholic priest, biblical archaeologist, exorcist, palaeographer, professor, and writer on the Catholic Church. Ordained as a Jesuit, Martin became Professor of Palaeography at the Pontifical Biblical Institute in Rome. From 1958, he served as secretary to Cardinal Augustin Bea during preparations for the Second Vatican Council. Disillusioned by the council, Martin asked to be released from certain aspects of his Jesuit vows in 1964 and moved to New York City. Martin's 17 novels and non-fiction books were frequently critical of the Catholic hierarchy, who he believed had failed to act on what he called " the Third Prophecy" revealed by the Virgin Mary at Fátima. His works included ''The Scribal Character of the Dead Sea Scrolls'' (1958) and ''Hostage to the Devil'' (1976), which dealt with Satanism, demonic possession ...
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Secretariat For The Economy
The Secretariat for the Economy () is a dicastery of the Roman Curia with authority over all economic activities of the Holy See and the Vatican City State. Description Pope Francis established the secretariat in a '' motu proprio'', ''Fidelis dispensator et prudens'', published on 24 February 2014. It is headed by a prefect–originally a cardinal–who reports directly to the Pope. It is, after the Secretariat of State, the second dicastery named a ''secretariat'', an indication of its importance relative to other parts of the Curia. The seat of the secretariat is in Saint John's Tower in the Vatican Gardens. Cardinal George Pell, Archbishop of Sydney, was named the secretariat's first Prefect and "asked to start work as soon as possible". Pell said he would begin work at the Vatican "by the end of March." The Pope also announced the formation of a ''Council for the Economy'' to set policy guidelines for the secretariat and analyze its work. The council comprises eight c ...
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Institute For The Works Of Religion
An institute is an organizational body created for a certain purpose. They are often research organisations (research institutes) created to do research on specific topics, or can also be a professional body. In some countries, institutes can be part of a university or other institutions of higher education, either as a group of departments or an autonomous educational institution without a traditional university status such as a "university institute", or institute of technology. In some countries, such as South Korea and India, private schools are sometimes referred to as institutes; also, in Spain, secondary schools are referred to as institutes. Historically, in some countries, institutes were educational units imparting vocational training and often incorporating libraries, also known as mechanics' institutes. The word "institute" comes from the Latin word ''institutum'' ("facility" or "habit"), in turn derived from ''instituere'' ("build", "create", "raise" or "edu ...
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Economy Of Vatican City
The economy of Vatican City is mainly supported financially by the sale of stamps, coins, medals, and tourist mementos as well as fees for admission to museums and publication sales. Vatican City employed 4,822 people in 2016. The Vatican City receives subsidies from the Italian state, which include the water supply free of charge, tax exemptions and other kinds of public funding of the Catholic Church in Italy, dedicated public funding. Vatican City issues its own coins and stamps. It has used the euro as its currency since 1 January 1999, owing to a special agreement with the European Union (council decision 1999/98). Euro coins and notes were introduced on 1 January 2002—the Vatican does not issue euro banknotes. Issuance of euro-denominated coins is strictly limited by treaty, though somewhat more than usual is allowed in a year in which there is a change in the papacy. Because of their rarity, Vatican euro coins are highly sought by collectors. The Vatican Chamber of T ...
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Giuseppe Versaldi
Giuseppe Versaldi (born 30 July 1943) is an Italian prelate of the Catholic Church who was the prefect of the Congregation for Catholic Education from 2015 until that body was merged into the new Dicastery for Culture and Education in 2022. He served as president of the Prefecture for the Economic Affairs of the Holy See from 2011 to 2015. Before that he was Bishop of Alessandria. Pope Benedict XVI elevated him to the rank of cardinal on 18 February 2012. Biography Versaldi was born in 1943 in Villarboit in the Province of Vercelli, Region of Piedmont, and was ordained a priest on 29 June 1967. In 1972 he was sent to Rome to study psychology and then canon law at the Pontifical Gregorian University, where he earned a degree in psychology and a doctorate in canon law. Versaldi returned to Vercelli in 1976, where he was given the task of starting the diocesan Family Counseling centre. At the same time he attended courses at the Roman Rota. He received his law degree in 1980. In ...
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Velasio De Paolis
Velasio de Paolis, C.S., JCD, STL (19 September 1935 – 9 September 2017), was an Italian member of the Missionaries of St. Charles Borromeo (Scalabrinians) and a cardinal of the Catholic Church. He was President of the Prefecture for the Economic Affairs of the Holy See and Pontifical Delegate for the religious institute of the Legionaries of Christ. Early life De Paolis was born in 1935 in Sonnino, Latina, and took his final vows as a member of the Missionaries of St. Charles Borromeo (Scalabrinians) on 4 October 1958. He completed his studies in Rome and received his doctorate in canon law from the Pontifical Gregorian University, a licentiate in theology from the faculty of theology at the Pontifical University of Saint Thomas Aquinas, ''Angelicum'', and a law degree from La Sapienza University. He was ordained to the priesthood on 18 March 1961 and after 1971 taught canon law at the Pontifical Gregorian University. In 1987 he became professor of canon law at the Pon ...
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Edmund Szoka
Edmund Casimir Szoka (September 14, 1927 – August 20, 2014) was an American Catholic prelate who served as president of the Pontifical Commission for Vatican City State and president of the Governorate of Vatican City State from 1997 to 2006. He previously served as Bishop of Gaylord from 1971 to 1981 and Archbishop of Detroit from 1981 to 1990. Szoka was elevated to the cardinalate in 1988. Early life Edmund Casimir Szoka was born in Grand Rapids, Michigan, to Casimir and Mary (née Wolgat) Szoka, Polish immigrants. He has an older sister, Irene, and moved with his family in the early 1930s to Muskegon, where he did his primary studies at St. Michael School. Attracted to life as a priest at an early age, Szoka attended St. Joseph's Seminary in Grand Rapids, Sacred Heart Major Seminary in Detroit for his junior and senior years, and then St. John's Provincial Seminary in Plymouth, Michigan to study theology. Priesthood On June 5, 1954, he was ordained to the priesthood b ...
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Roman Curia
The Roman Curia () comprises the administrative institutions of the Holy See and the central body through which the affairs of the Catholic Church are conducted. The Roman Curia is the institution of which the Roman Pontiff ordinarily makes use in the exercise of his supreme pastoral office and universal mission in the world: thus curialism refers traditionally to an emphasis on the supreme authority of the Holy See within the Catholic Church. It is at the service of the Pope and Bishops in the Catholic Church, bishops, fulfilling their function with an Gospel, evangelical spirit, working for the good and at the service of Communion of saints, communion, unity and edification of the Universal Church and attending to the demands of the world in which the Church is called to fulfill its duty and mission (''Praedicate evangelium'', article 1). The structure and organization of responsibilities within the Curia are at present regulated by the apostolic constitution issued by Pope F ...
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Giuseppe Caprio
Giuseppe Caprio (15 November 1914 – 15 October 2005), was an Italian cardinal of the Roman Catholic Church. He held the post of President of the Prefecture for the Economic Affairs of the Holy See before he retired in 1990. Caprio was born just outside Naples and studied at the Gregorian University in Rome before being ordained in 1938. He worked in China for four years before being posted to Vietnam and Taiwan. He was the internuncio, then pro-nuncio, to China from 1959 to 1967, and the pro-nuncio to India from 1967 to 1969. He then transferred to the Roman Curia, serving as secretary of the Administration of the Patrimony of the Holy See, then to the Secretariat of State, where he worked for Pope John Paul I before being appointed President of the Administration of the Patrimony of the Holy See in 1979, and then to the presidency of the Prefecture for the Economic Affairs of the Holy See in 1981. He was elevated to the cardinalate in 1979, becoming Cardinal- ...
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