CBDCs Could Enhance Financial Inclusion If Well-designed – IMF.
03 Jul 2023, 08:00
CBDCs Could Enhance Financial Inclusion If Well-designed – IMF
The International Monetary Fund (IMF) Managing director has recognized the role that Central Bank Digital Currencies (CBDCs) could play in increasing financial inclusion and making cross-border payments and remittances cheaper and quicker.
These remarks were made by Kristalina Georgieva, IMF Managing Director, on June 19, 2023, at the High-level Policy Roundtable on Central Bank Digital Currencies while discussing ‘The Role of the Public Sector in Money and Payments – A New Vision’ in Rabat, Morocco.