The paper briefs the Executive Board on the initial considerations on CBDC. These cover a framework to guide countries' CBDC exploration, as well as implications for monetary policy transmission, capital flow management measures, and financial inclusion

The May 2024 issue of IMF Research Perspectives offers a concise overview of digitalization, artificial intelligence, and other new technologies. It looks at trends and poses open questions to stimulate discussion and further exploration. The articles investigate the effects of these new...