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  • Cross-institutional collaboration important for CBDC, two papers on CBDC to be released

Cross-institutional collaboration important for CBDC, two papers on CBDC to be released

2023/06/20
Cross-institutional collaboration important for CBDC, two papers on CBDC to be released

Speaking at the Central Bank Digital Currency (CBDC) High Level Policy Roundtable, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that cross-institutional cooperation is important to achieve CBDC benefits and payment system interoperability, and that the IMF's mission is to help ensure that digital currencies, including CBDC, contribute to domestic and international economic and financial stability. In addition, the IMF will soon release two papers on CBDC, one on "CBDC and Private Digital Payments in Sub-Saharan Africa" and the other on "A Roadmap for CBDC in the Middle East and Central Asia," which will provide new analysis and learning for these regions. New analysis and learning.