Vatican looks to pare administrative expenses
CWN - October 31, 2012
Vatican officials are conducting a thorough spending review, looking for ways to cut administrative spending in order to ensure a balanced budget.
The Vatican is looking for ways to pare office costs, and examining the price of such mundane items as stationery and photocopying supplies, as well as larger line items such as professional contractors’ fees.
The costs of contract work at the Vatican has become a contentious matter this year, as internal memos that were made public in the “Vatileaks” scandal alleged that excessive spending was caused by administrative negligence and non-competitive contracts.
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