Tag Archives: covid19 economy

Catholic Dioceses Received $Billions in Aid from Paycheck Protection Program

As the pandemic began to unfold, scores of Catholic dioceses across the U.S. received aid through the Paycheck Protection Program while sitting on well over $10 billion in cash, short-term investments or other available funds, an Associated Press investigation has found. And despite the broad economic downturn, these assets have grown in many dioceses.

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55 Million People Face Famine as COVID-Ravaged Economies Fail To Meet Funding Goals

Nations the world over have scrambled to take emergency action in the wake of COVID-19, as businesses have been disrupted, supply lines cut and economies stunted, leaving foreign aid programs underfunded and millions without food.

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