New Pope Faces 50% Unfinished Financial Reform

The new leader of the Catholic Church is set to confront a daunting financial challenge, as the legacy of Pope Francis' efforts to address the Church's financial woes remains incomplete. Pope Francis, who passed away at the age of 88, dedicated much of his reign to modernizing the Church and tackling its financial issues, despite facing significant resistance from conservative elements within the institution.

Pope Francis inherited a Vatican mired in crisis, with scandals such as the Vati-leaks and sex abuse cases casting a shadow over the Church. His tenure was marked by a determined effort to reform the Church's dysfunctional central government and address its financial problems. He sought to create a more just and inclusive world, leaving behind a legacy of tireless efforts to bridge divides and promote inclusivity.

The new leader will take over a Church that has become more global, with a shift in its center of gravity towards the global South. Pope Francis' appointment of over 140 cardinals from outside Europe underscored his commitment to a more inclusive and diverse Church. However, the new leader will also face the task of continuing the financial repair project that Pope Francis had only just begun.

Pope Francis' efforts to modernize the Church and address its financial issues were met with resistance from conservative elements within the institution. His successor will need to navigate these internal divisions while continuing the work of reform and financial stabilization. The new leader's ability to address these challenges will be crucial in determining the future direction of the Catholic Church.