2020 Financial Report: Substantial decrease in Church collections due to the pandemic
05/08/2021In 2020, the Archdiocese of Malta, which includes more than 100 entities and employs more than 1,300 people, registered a significant decrease in its surplus from €3.5 million in 2019 to €1.2 million in 2020. The two main factors which contributed to this surplus were a one-off donation in shares to Fondazzjoni Sebħ, as well as inheritance received by Dar tal-Providenza and Dar tal-Kleru.
This was announced by the Administrative Secretary of the Archdiocese, Michael Pace Ross, during a press conference at the Archbishop’s Curia where he explained that the pandemic brought about great challenges… Read more »