The National Bank of Angola and central banks from Brazil, Cape Verde, the Central Bank of West African States (represented by its National Director for Guinea-Bissau), Mozambique, Portugal, São Tomé and Príncipe, and Timor-Leste agreed to establish the Network of Central Banks of Portuguese-speaking Countries (BCPLP). The network is intended to formalise and make permanent existing cooperation through structured knowledge sharing and closer coordination, including in multilateral forums. BCPLP will operate with an annual rotating presidency, with each central bank able to place topics of common interest on the agenda for deeper joint work. The framework includes regular high-level meetings, technical working groups to exchange experience and share good practices, and a new economic policy committee tasked with analysing and discussing issues and policies relevant across member economies. The first official meeting is scheduled for November 2026 in Luanda, and the Bank of Portugal will hold the first presidency during 2027.
National Bank of Angola 2026-04-16
National Bank of Angola and Lusophone central banks agree to establish the Network of Central Banks of Portuguese-speaking Countries
The National Bank of Angola and seven other central banks agreed to establish the Network of Central Banks of Portuguese-speaking Countries (BCPLP) to formalise cooperation through structured knowledge sharing and closer coordination, including in multilateral forums. BCPLP will have an annual rotating presidency, regular high-level meetings, technical working groups, and an economic policy committee to analyse and discuss cross-cutting policy issues.