Leo XIV reverse Pope Francis and reforms Vatican finances. Ideological decisions of the past abolished.
With the new Apostolic Letter, Leo XIV abolishes the Rescriptum ex Audientia SS.mi of August 23, 2022, signed by Pope Francis and titled Instruction on the Administration and Management of the Financial Activities and Liquidity of the Holy See and the Institutions Connected with the Holy See. That document had assigned a centralized control role to the Administration of the Patrimony of the Apostolic See (APSA), requiring all dicasteries and institutions to transfer their funds into accounts managed by that office.
A Signal of Revision
While remaining within the framework established by Praedicate Evangelium, Leo XIV’s document introduces a change of direction from the heavily centralized model of 2022. “It was a request also raised by the College of Cardinals, and we presented it to the Pope, pointing out the distortions of certain ideologically driven decisions made in recent years,” a Curial prelate noted. The Pope aims to foster “shared responsibility”, avoiding both dispersion and concentration of economic power, restoring clarity of roles and greater internal transparency. The Apostolic Letter, published today in L’Osservatore Romano and destined for the Acta Apostolicae Sedis, takes effect immediately. It is the first Motu Proprio of Pope Leo XIV’s pontificate and addresses a crucial issue: the Vatican’s finances. “The Pope acknowledged that certain matters indeed needed to be corrected,” a prelate familiar with the economic dossier recently confided, suggesting that the Pontiff intends to restore order and coherence to the complex administrative system of the Holy See. Through this legislative act, Leo XIV marks the beginning of a new season of governance, in which the Church’s economy is called to rediscover its true vocation: to be an instrument of communion, not of power.
p.F.A.
Silere non possum
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