Not exactly. Apparently investment is responsible for a significant portion of revenue.
- The Vatican is the world's smallest country, with an economy that relies on a combination of donations, private enterprises, and investments to generate revenue.
- The Vatican's economy is shrouded in secrecy, with some believing its financial numbers are more general than accurate.
- The Holy See is the governing body of the nation and generates money through donations; it then invests a portion of that money in stocks, bonds, and real estate.
- Vatican City generates revenue through museum admissions and the sale of coins, stamps, and publications.
[Not exactly](https://www.investopedia.com/articles/investing/030613/secret-finances-vatican-economy.asp). Apparently investment is responsible for a significant portion of revenue.
- The Vatican is the world's smallest country, with an economy that relies on a combination of donations, private enterprises, and investments to generate revenue.
- The Vatican's economy is shrouded in secrecy, with some believing its financial numbers are more general than accurate.
- The Holy See is the governing body of the nation and generates money through donations; it then invests a portion of that money in stocks, bonds, and real estate.
- Vatican City generates revenue through museum admissions and the sale of coins, stamps, and publications.
Wouldn't all of it be donation money? Or at least return on other investments that were originally backed with donation money?