Skip to content
Ova News NG

Ova News NG

Ova News feed Aggr. V2

Primary Menu
  • HOME
  • NEWS
  • ENTERTAINMENT
  • SPORTS
  • POLITICS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES
  • WATCH
  • Home
  • NEWS
  • Pope restores Vatican salaries slashed during Covid
  • NEWS

Pope restores Vatican salaries slashed during Covid

ovanews 2 months ago 2 min read

Pope restores Vatican salaries slashed during Covid

Pope Leo XIV has restored the salaries of cardinals and senior Vatican officials to pre-Covid levels, reversing pay cuts introduced by his predecessor Francis during the pandemic, according to a decree published Monday.

In 2021, Pope Francis cut the salaries of cardinals by 10 percent and those of senior Vatican officials by eight percent to ease pressure on the Holy See’s finances during the Covid-19 crisis and amid chronic budget deficits.

In a papal decree issued on Monday, his 71st birthday, the US pontiff said the measure was abolished from September 1, 2026.

The pay cuts, which had been “necessary to face the exceptional challenge of the pandemic”, could now be lifted, Leo said, adding that Vatican institutions would continue efforts to ensure their “economic sustainability”.

The decree said the decision would not be applied retroactively.

A cardinal working in the Roman Curia, the Catholic Church’s central administration, is estimated to earn between 4,500 and 5,000 euros ($5,200-$5,800) a month.

The Holy See’s finances are showing signs of improvement. In its annual report published in May, the Vatican bank reported net profit of 51 million euros.

In a separate decree released Monday, Leo cancelled a plan by the last pope to transfer some of the Vatican archives outside of the tiny city state. It said a new building would be erected in the Vatican.

AFP

The post Pope restores Vatican salaries slashed during Covid appeared first on Vanguard News.

Related:

  • 2027: INEC receives over 4,800 claims, 600 objections on voter register
    2027: INEC receives over…
    NEWS
  • Glen Johnson tells £80m Chelsea target to choose Liverpool transfer
    Glen Johnson tells £80m…
    SPORTS
  • Thierry Henry slammed for ‘rude’ comments to Kate Scott and Lamine Yamal during Ballon d’Or ceremony
    Thierry Henry slammed for…
    SPORTS
  • How worried should Arsenal be over Bukayo Saka’s growing injury problems?
    How worried should Arsenal be…
    SPORTS
  • ‘You can’t do that’ – Jamie Redknapp criticises Mikel Arteta over treatment of Arsenal star
    ‘You can’t do that’ – Jamie…
    SPORTS

Post navigation

Previous Benin-Asaba road: Daramola seeks motorists’ patience
Next Shehu Buba submits to security agencies over allegations

Recent

Thomas Tuchel defends ‘standout’ Arsenal star after England fan criticism

Thomas Tuchel defends ‘standout’ Arsenal star after England fan criticism

Naira appreciates to N1,375/$ in parallel market

Naira appreciates to N1,375/$ in parallel market

Former Arsenal star urged to reject Manchester United transfer: ‘The project would set him back’

Former Arsenal star urged to reject Manchester United transfer: ‘The project would set him back’

Trump names Stephen Miller chief of staff after midterm losses

Trump names Stephen Miller chief of staff after midterm losses

Troops arrest notorious terrorist, hit Dogo Gide’s hideouts in Zamfara forest

Troops arrest notorious terrorist, hit Dogo Gide’s hideouts in Zamfara forest

ADP suspends National chairman Yabagi Sani over alleged forgery

ADP suspends National chairman Yabagi Sani over alleged forgery

SECTIONS

  • ENTERTAINMENT
  • FOOTBALL
  • NEWS
  • POLITICS
  • SPORTS
  • Uncategorized
  • WORLD NEWS
  • LIVE FOOTBALL SCORES ⚽ ⚽ ⚽

[bzscore data-2="league" league-is="premier league" height="20%" country-is="england"]

Hey There!!., Get all Latest Ova News Feeds on the Go! 👋

Sign up to receive all Our latest News content Recap in your inbox every weekend.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Quick Links

  • News
  • Entertainment
  • Live Football Scores
  • Premier League Scores

Legal

  • About
  • Terms of Use
  • Privacy Policy

Connect with Us

  • News Media Partners
  • Contact Us
  • Advertise
Copyright © 2025 Ova News Network | Created by Ben Ova O. | All Rights Reserved. | Magnitude by AF themes.
pixel