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International Business Times
International Business Times
Business

With Papacy, Leo XIV Inherits Vatican Money Troubles

Leo XIV Robert Francis Prevost Vatican Angelo Becciu Catholic Church Holy See
The Catholic Church's economic affairs have long been murky and scandal-prone (Credit: AFP)

Along with the spiritual leadership of the world's 1.4 billion Catholics, Pope Leo XIV now inherits oversight of the Vatican's shoddy finances -- and his predecessor's efforts to clean them up.

The dire state of the Holy See accounts was among the topics cardinals tasked with choosing a successor to Pope Francis discussed ahead of the conclave, according to the Vatican.

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