💨 Abstract

The Vatican's investment and real estate office, APSA, reported a 2024 profit of €62 million ($63 million), a 16 million euro increase from 2023. Despite this, the Vatican faces ongoing financial challenges including a structural deficit of €50-60 million annually and a €1 billion pension fund shortfall. Pope Leo XIV, known for his numeracy, is addressing these issues.

Courtesy: WTOP Staff