The Bank of Portugal (BdP) will save 2.2 million euros through a retirement agreement with Mário Centeno, considering the amounts he would have been entitled to had he remained at the organization, Governor Álvaro Santos Pereira stated this Friday, March 20. The governor noted that these savings account for salary costs, social security, and other expenses Centeno would have received as an administration consultant until the age of 70. Santos Pereira emphasized that the agreement is a matter of public service and that the pension fund involved is fully capitalized, with no taxpayer money used. Additionally, the governor announced plans to phase out the role of administration consultants to further reduce costs.