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SDG

Episode #6: Central Bank Digital Currency and Digital Financial Inclusion

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According to the Bank for International Settlements, COVID-19 could accelerate a shift toward digital payments. The policy concern for many countries would then be a ‘digital divide’ where unbanked customers may be left out of the financial system. This episode considered the different notions of digital currency, the various use cases of digital currency including central bank digital currency, and provided an update on the current state of affairs with regards to the deployment of digital currencies and their applications. In particular the session examined whether a Central Bank Digital Currency could help in bridging the financial inclusion gap​.

Participation was open to ITU Member States, Sector Members, Associates and Academic Institutions and to any individual from a country that is a member of ITU who wishes to contribute to the work. This included individuals who are also members of international, regional and national organizations.​​


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Panelists:

 
Chief of Study Groups
TSB, ITU
 
John Kiff
Senior Financial Expert
International Monetary Fund (IMF)
Presentation
Head of Oversight
 European Central Bank
Presentation
 
Ahmed Faragallah
Senior Financial Sector Specialist
World Bank
Presentation
Raphael Auer
Principal Economist
BIS
Presentation

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