Meteorologia

  • 19 MAIO 2024
Tempo
13º
MIN 13º MÁX 21º

Banco de Portugal conducts 150 cooperation actions in 2023

The Banco de Portugal (BdP) carried out 150 cooperation actions last year, a reduction compared to the record 182 registered in 2022, according to the Annual Cooperation Activity Report released today.

Banco de Portugal conducts 150 cooperation actions in 2023
Notícias ao Minuto

15:54 - 24/04/24 por Lusa

Economia Banco de Portugal

Most of the actions (112, equivalent to 75%) were carried out with Portuguese-speaking countries, followed by neighboring countries of the European Union (17), Latin America and the Caribbean without Brazil (eight), sub-Saharan Africa without Portuguese-speaking countries (eight) and Asia and the Pacific without Timor-Leste (five).

Despite the reduction in the number of initiatives, the banking regulator points out that the bank's involvement resulted "in more days dedicated to cooperation activities (1,591 in 2023, 1,221 in the previous year) and in the expansion of the set of partner entities".

Exactly half of the cooperation actions represented technical assistance, with the BdP developing 23 courses and seminars and 23 internships and work visits. 19 meeting and conference initiatives and 10 scholarships or projects were also organized.

Governance and support was the most addressed topic, with 60 of the initiatives respecting this topic, followed by representation and international relations (31), supervision and financial stability (25), market operations, payment systems and treasury issuance (18) and economic analysis and statistics (15).

The covid-19 pandemic boosted the implementation of initiatives remotely, but this has been losing ground again and in 2023 face-to-face initiatives once again represented more than half (53%) of those carried out by the BdP. "The total lifting of travel restrictions resulted in a greater demand for face-to-face actions (...) and, consequently, in an increase in the average duration of the actions", the report states.

More than a third (36%) of the initiatives had multilateral contours, something that the regulator itself pointed out has "been assuming relevance".

In bilateral terms, Portuguese-speaking countries in Africa were the ones with the most initiatives, with Cape Verde (19), Mozambique (18), Angola (14) and São Tomé and Príncipe (11) standing out. Still in Africa, the BdP highlights the three initiatives with Tunisia.

Timor-Leste had six actions, Brazil four, Ukraine three and the remaining countries 18.

The cooperation initiatives in 2023 involved 45 partner entities, 25 structural departments, 1,223 participants and 621 workers.

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