George Yeo "honoured" by appointment to the Vatican's new Council for the Economy
Published on Mar 26, 2014 6:52 PM
Former foreign minister George Yeo, who was named on March 8 as a member of the Vatican's new Council for the Economy, told The Straits Times on Wednesday that he is "greatly honoured" by the appointment.
Mr Yeo will serve a five-year term alongside six other laypeople and eight cardinals. This is the first time the Roman Catholic Church has appointed lay Catholics for such a role. The council arose after an eight-member commission made recommendations to address organisational and economic problems of the Holy See - the ecclesiastical jurisdiction of the Catholic Church in Rome. Mr Yeo was the only Asian member of the commission.
The move was part of an effort by Pope Francis I to clean up the scandal-hit institution he inherited from his predecessor Benedict XVI.
Mr Yeo told The Straits Times: "I feel greatly honoured to be appointed to the Council but also a deep sense of responsibility to be of assistance to the Holy Father in updating the economic structure and processes of the Holy See."
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