The Vatican closed out 2020 with a deficit of 66.3 million euro (£56.7 million), which was better than projected and even lower than pre-pandemic 2019, figures show. The shortfall was narrower than the range forecast by the Vatican, which was between 68 million euro (£58 million) and 146 million euro (£125 million). Taxes remained a constant 18.8 million euro (£16 million). Donations rose slightly to 56.2 million euro (£48 million). Even so, Mr Guerrero noted that the Peter’s Pence donations, offered during an annual collections at Mass, fell 18% in 2020.

Source: Irish Independent July 24, 2021 18:22 UTC