By Lucky Uwakina (AGENDAWATCHDOG) – Pope Francis has ordered cardinals to take a pay cut and reduced the salaries of most other Vatican clerics as the coronavirus pandemic hits the Holy See’s income.
Francis issued a decree introducing the proportional cuts starting on April 1, the Vatican said on Wednesday.
The pontiff has often insisted that he does not want to fire people in difficult economic times, even as the Vatican continues to run up deficits.
Cardinals who work at the Vatican and live there or in Rome are believed to get salaries of about 4,000-5,000 euros (£3,450-4,315) a month. Many live in large apartments at well below market rents, and they are now being told they will have to take a ten per cent pay cut.
Apart from the cardinals, other clerics will see their salaries reduced by between three and eight per cent. Programmed pay rises will be suspended until March 2023.
The provisions will also apply to senior staff of other papal basilicas besides St. Peter’s in the Vatican.