![]() ![]() Pell said he would begin work at the Vatican "by the end of March." The Pope also announced the formation of a Council for the Economy to set policy guidelines for the secretariat and analyze its work. Ĭardinal George Pell, Archbishop of Sydney, was named the secretariat's first Prefect and "asked to start work as soon as possible". The seat of the secretariat is in Saint John's Tower in the Vatican Gardens. It is, after the Secretariat of State, the second dicastery named a secretariat, an indication of its importance relative to other parts of the Curia. It is headed by a prefect–originally a cardinal–who reports directly to the Pope. Pope Francis established the secretariat in a motu proprio, Fidelis dispensator et prudens, published on 24 February 2014. The Secretariat for the Economy ( Italian: Segreteria per l'economia) is a dicastery of the Roman Curia with authority over all economic activities of the Holy See and the Vatican City State.
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