The Vatican has introduced a new law aimed at boosting transparency in tenders and cutting costs through competitive bidding.
The legislation, which was published on Monday, is the result of four years of work led by Pope Francis, bringing the Holy See in line with international standards.
The Argentine pontiff, who was elected in 2013, has placed an emphasis on putting the Vatican’s finances in order, but has met resistance from certain ministries reluctant to relinquish control over funds or shine a light on internal workings.
The full original article can be found at aljazeera.com
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