International Monetary Fund 'working hard' on a global Central Bank Digital Currency platform

  • by:
  • Source: LifeSite
  • 06/22/2023


RABAT, Morocco (LifeSiteNews) — The International Monetary Fund (IMF) is “working hard” on a “global CBDC (Central Bank Digital Currency) platform,” the IMF managing director announced Monday.

“If we are to be successful, CBDCs could not be fragmented national propositions,” Kristalina Georgieva said during a policy roundtable discussion with Bank Al-Maghrib in Rabat, Morocco on CBDCs.

“To have transactions more efficient and fairer, we need systems that connect countries. In other words, we need interoperability,” she said in reference to a global CBDC.

“For this reason, at the IMF we are working hard on the concept of a global CBDC platform to trade and to manage risks,” she continued.



Source: LifeSite

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