July 3, 2024
Funds

Bishops’ conference defends funding cuts to justice, peace and development

NEW YORK – Days after the U.S. bishops announced layoffs and a reorganization to their Department of Justice, Peace and Human Development, setting off a firestorm in both the media and in Catholic circles, the conference has written a memo to bishops to explain its decision and to announce staff reductions to other departments. The

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Funds

For first time, Italian church nets less than $1 billion in taxpayer funds

ROME – For the first time since Italy’s system of public financing for religious and charitable causes was overhauled in 1984, income for the Catholic church from public tax revenue has fallen below €1 billion, capping out this year at €910,266,000, which represents US $987,957,000. Last year, the total was €1.3 billion, and in 2022

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Funds

Priests protest Argentina government’s funding cuts for city slums

SÃO PAULO, Brazil – After President Javier Milei’s administration decided to cut funds for public works in poor neighborhoods and slums in Argentina, dozens of priests released a letter protesting the measure. A decree promulgated by Milei on February 23 radically reduced the share of a tax collected on the purchase of foreign currency that

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