The Vatican published its 2021 budget in its latest effort at greater financial transparency amid a predicted 50 million euro budget deficit this year. The aim is to reassure donors that their money is being well spent, following years of mismanagement that is currently the focus of a Vatican corruption investigation.

“This recourse to Peter’s Pence reserves in recent years means that the liquidity of the fund is being depleted and with the current crisis it is very likely that in 2022 we will have to resort to some extent to the assets of APSA,” he said, referring to the Vatican’s central bank, which manages the Holy See’s real estate and other financial investments.

When he says "suicidal" he means to their revenue stream. They think appealing to Modern Audiences will increase cash flow. The modern Vatican is a business. Stop thinking of them as the Church and instead like Disney's Reedy Creek writ large. Just like any other corporation but with sovereignty.

Questions about departmental budget allocations to one side, Pope Francis has continued to authorize a slew of financial reforms aimed at tightening central oversight of major expenditures and encouraging curial departments to work together to share the costs of external purchasing and contractors.

Francis is a CEO with special hat. Trying to cut costs, increase revenue, and expand their market. Sorry Catholics, but the Church lives on only inside you and your local communities now. The institution is long gone.