BANCO CENTRALDe Timor-Leste
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Mandato

Mandate

Banco Central Timor-Leste (BCTL) was established by law as the central bank of Timor-Leste. Our mandate provides the legal foundation for our objectives and the responsibilities we carry out to serve the nation.

Banco Central Timor-Leste

Legal Basis

BCTL is established under the Organic Law of Banco Central Timor-Leste (Law No. 5/2002, of 27 August) as an independent institution with its own legal personality and administrative, financial and operational autonomy.

Our Mandate

Our mandate is to achieve and maintain price stability, promote a sound and stable financial system, and support the general economic policies of the Government, without prejudice to our primary objective of price stability.

Our Mandate in Action

Price Stability

Maintain low and stable inflation to protect the purchasing power of the people and support sustainable economic growth.

Financial Stability

Promote a sound, resilient and efficient financial system and monitor and mitigate systemic risks.

Financial System Development

Support the development of a competitive, inclusive and well-regulated financial system.

Payment Systems

Promote the safety, efficiency and reliability of payment and settlement systems.

Support to Government

Support the general economic policies of the Government, without prejudice to the primary objective of price stability.

Our Commitment We are committed to independence, transparency, accountability and excellence in all that we do for the people of Timor-Leste.
Download Organic Law