Rome, Thursday, November 8, 2912
The Council of the Economy has just ended the work of its yearly meeting (November 5-7). It gathers twice a year and the tasks that are demanded by the Directory of the Economy consist in exercising an accurate control of the accounting, both of the provinces and of the General Administration, and indicating the fundamental choices of the economic planning for the Institute keeping in mind the global financial context.

The members of the Council of the Economy are the five members of the General Treasurer’s office, four continental representatives and two technical consultants, with the specific task of making a revision of the finances of the General Administration. Regularly the member of the General Council in charge of a particular sector is also present.

The meeting that just ended had two principal objectives: the preparation of the budgets of 2013 and the revision of the Accounting Plan that will accompany the realization of the Total Common Fund, which is a practice taken up by now adopted by almost all the circumscriptions.

In the picture, those who attended: (from the left, second row: Fr. Claudio Lurati, General Treasurer; Fr. Raniero Iacomella, member of the General Treasurer’s Office; Fr. Luigi Codianni, Italy; Fr. João da Silva Ferreira, assistant to the General Treasurer; Fr. Mario Locatelli, Italy; Fr. Torquato Paolucci, member of the General Treasurer’s office; Bro. Daniele Giusti, Member of the General Council. From the left, first row: Fr. Raimondo Negrini, Malawi; Fr. Manuel Ferreira Horta, Portugal; Fr. Timothée Hounake Kouassi, Togo; Fr. Vítor Manuel Beco Anciães, Brazil; Bro. Giuseppe Lagattolla, Member of the General Treasurer’s Office.