A combination of plummeting revenues, disillusioned donors, and mismanagement under Pope Francis has left the institution struggling to meet its pension obligations, Daily Express reported.
In 2023, the Vatican reported an operating deficit of $87 million, an increase of $5.3 million from the previous year. The shortfall stems largely from a dramatic decline in global donations from the Catholic faithful and the broader public.
Donations, historically a cornerstone of the Vatican’s revenue, have dwindled as many Catholics express discontent with Pope Francis’ progressive reforms.
The pontiff’s controversial stance on issues like climate change, immigration, transgender agenda, and the redefinition of family values has alienated many devout Catholics.
Donations from churches and individual believers have dwindled as traditionalists express frustration with the Vatican’s drift toward secular progressivism.
WALK BY FAITH, NOT BY SIGHT, ARMOR UP DAILY & PUT YOUR WHOLE TRUST IN GOD, NOT MAN!!!!!
Please Pray for President Trump, his family, America, my hubs, and me!
God Bless You and Your Families!
Love,
Please think about donating below.