Pope Francis issues new regulations setting spending limits for Vatican offices | CPT PPP Coverage

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The law grants the Secretariat for the Economy 30 days to notify the Vatican offices whether the request has been approved, adding that “the lack of response is equivalent to the granting of the request.”

The second motu proprio consists of more than 90 articles and includes Vatican regulations on procurements, or the process of acquiring and purchasing goods and services.

Pope Francis wrote in his introduction to the second motu proprio that he was updating regulations in light of “the experience gained in recent years” to allow for a “more effective application” of Vatican financial reforms with the goal of “continuing on the path undertaken to promote transparency, control, and competition in the procedures for the awarding of public contracts.”

The amended regulations include a provision that the sustainable use of internal funds, transparency in the procurement process, and equal treatment among bidders all take place “in accordance with the principles of the social doctrine of the Church, the canonical order of the Holy See and Vatican City State, and the encyclical letter Laudato Si’,” codifying compliance with Pope Francis’ landmark environmental encyclical into the law.

Pope Francis signed the motu proprio on procurements on Nov. 27, 2023, in St. Peter’s Basilica and the letter on extraordinary spending more recently on Jan. 6 from the Vatican.