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"In October last year, secretariat prefect Maximino Caballero Ledo noted that “If we were to cover this deficit [in curial operating expenses] only by cutting expenses, we would close 43 of the 53 entities that belong to the Roman Curia, and this is not possible.”"

I don't know how things work in the Vatican, but in most places, when an entire department or two gets closed down, the others are a bit more likely to take the need for cost-cutting seriously, and then you don't actually need to close so many.

It sounds like they've been mismanaging money for quite a while to get into this mess. When you abuse things, you eventually lose them. You can lose them voluntarily and less painfully, or involuntarily and more painfully.

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