Yesterday, Pope Francis issued motu proprio an apostolic letter entitled “A better organization.”
The law, going into effect on the first day of the new year, formally transfers a host of financial assets and responsibilities from the Vatican Secretariat of State to the Administration of the Patrimony of the Apostolic See, the Vatican’s treasury.
The Holy See Press Office said in a statement the law “represents another important step in the reform of the Curia,” and comes just before the January 11th date for the implementation of the 2021 budget for the Vatican.
“With the motu proprio, the Holy Father wishes to proceed to a better organization of the Roman Curia and to a more specialized functioning of the Secretariat of State, which will be able to help him and his Successors with greater freedom on questions of greater importance for the good of the Church.”‘
The press release noted the duties of “Administrative office” of the Secretariat of State will be reduced, meaning “a greater control and a better visibility of Saint Peter’s Pence and of the funds that come from donations of the faithful.”
“With these decisions, the Holy Father expresses his personal commitment and that of the Roman Curia, for greater transparency, a clearer separation of functions, greater efficacy in controls and greater adjustment of the economy of the Holy See to the mission of the Church, so that the People of God who help with their generosity to support the mission of the Bishop of Rome, can do so with the confidence that their contributions are administered appropriately and transparently with the exercise of the due controls.”
Pope Francis’ reform follows a series of financial scandals centered around the Secretariat of State. Read uCatholic‘s original coverage of the scandal here.