Vatican issues new rules for purchasing, contracts
June 24, 2021
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CWN Editor's Note: Secretariat for the Economy has issued detailed rules for purchasing and contracts issued by Vatican agencies. The rules provide for implementation of the policies set out by Pope Francis in a May motu proprio, designed to set standards for transparency and accountability in financial transactions. The rules include a list of institutions approved for contracts, and stipulate that individuals and/or businesses suspected of criminal activity are barred from Vatican contracts.
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