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New Vatican figures show deficit narrowed by half in 2015

New Vatican figures show deficit narrowed by half in 2015

VATICAN CITY (AP) — The Vatican has issued new figures showing it narrowed its deficit by half in 2015 to 12.4 million euros ($13 million).

That compares with a deficit of 25.6 million euros in 2014. The Vatican released the figures for 2015 on Saturday but did not include fuller details as in previous years, citing a transition in its financial accounting system.

The Vatican also reported 24 million euros in contributions from Roman Catholic dioceses, up from 21 million a year earlier, and 50 million euros from the Vatican bank, the same as the previous year.

The Vatican city-state, which includes the post office, museums and other activities, posted a surplus of 59.9 million euros, down 6 percent from the year before.


Updated : 2021-01-22 05:31 GMT+08:00