Pope Francis to Cut Salaries of Curia Cardinals

Vatican City, Sep19:

Pope Francis has decided to cut the salaries of cardinals working in the Roman Curia, the administrative body of the Catholic Church.

The decision, which was announced in a letter to the cardinals, is part of a wider effort to reduce the Vatican's spending and make its finances more transparent.

Why is Pope Francis Cutting Salaries?

Pope Francis has been a vocal critic of the Vatican's financial practices, and he has repeatedly called for greater transparency and accountability.

In his letter to the cardinals, Pope Francis said that the salary cuts were necessary to "ensure that the Curia is sustainable and that its resources are used in the most effective way possible."

The Vatican has been facing a number of financial challenges in recent years, including a decline in donations and a rise in operating costs.

The salary cuts are expected to save the Vatican around €1 million per year.

How Much Will the Cardinals' Salaries Be Cut?

The cardinals' salaries will be cut by 10%, according to the letter from Pope Francis.

This means that a cardinal who currently earns €5,000 per month will now earn €4,500 per month.

The salary cuts will not affect the salaries of bishops or priests.

Reaction to the Salary Cuts

The cardinals have not yet commented on the salary cuts.

However, some Vatican observers have praised Pope Francis for taking action to reduce the Vatican's spending.

Others have expressed concern that the salary cuts could lead to a decline in the quality of the Curia's work.