Catholic World News

Jerusalem Patriarchate selling property to address budget deficit

June 15, 2020

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CWN Editor's Note: The Latin-rite Patriarchate of Jerusalem is selling real-estate property in Nazareth, to help ease a severe budget crunch. The Patriarchate acknowledged a “huge budget deficit of about 100 million US dollars.” That deficit is due primarily to the expenses involved in launching the new American University in Jordan.

The above note supplements, highlights, or corrects details in the original source (link above). About CWN news coverage.

 


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