BFA - Flash Note N.º 4/2026

Dear subscriber [name],

Please find attached our most recent Flash Note:

Highlights:
• At the last meeting of the Monetary Policy Committee (MPC), held between 13 and 14 May, the National Bank of Angola (BNA) decided to change the key rates for conducting monetary policy. The interest rates were reduced by 50 basis points (bps), with the basic interest rate (BNA rate) rising to 17.0%, and the Marginal Lending and Deposit Facilities reduced to 18.0% and 16.0%, respectively;

• The consistent deceleration of inflation supported a new decision to ease monetary policy;

• There are still warnings to be considered, including the increase in prices in the main economies with which Angola has trade relations, as well as the acceleration observed in the FAO price index in recent months.

Best regards,
BFA

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