Catholics must know how Peter’s Pence is spent

The head of the Vatican Secretariat for the Economy said he hopes efforts at financial transparency and reform will foster Catholics’ trust ahead of the annual Peter’s Pence collection.
In an interview with Vatican News June 25, Jesuit Father Juan Antonio Guerrero Alves, prefect of the Secretariat for the Economy, said Catholics “have the right to know how we spend the money given to us.”
“Sometimes contradictions arise from a lack of knowledge, which, in turn, comes from a lack of transparency,” Father Guerrero said. Peter’s Pence is a papal fund used for charity, but also to support the running of the Roman Curia and Vatican embassies around the world.