Bank of Spain unveils first strategic plan

Hernández de Cos’s priorities include better macro-prudential policies and increased trust

Bank of Spain
Luis García

The Bank of Spain published its first strategic plan on January 15, saying it aimed to increase efficiency and boost its influence in the core responsibilities of its mandate.

The plan sets out core objectives for the period 2020–24, and is central to governor Pablo Hernández de Cos’s first term.

He became governor in June 2018, and announced the design of the strategic plan in October 2018. The central bank says it will assess its success halfway through the implementation period, in order to

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