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IMF advised Namibia against retail digital currencies – News Stand

Summary by observer24.com.na
Niel Terblanche The International Monetary Fund (IMF)  has advised Namibia against issuing a retail central bank digital currency (CBDC). A mission from the IMF visited Namibia in January, and in a recent report, it advised against pursuing a sovereign digital currency for retail consumers.  The IMF recommended that the Bank of Namibia focus on promoting existing payment improvements. “As the mission did not find strong support for rCBDC issuanc…
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observer24.com.na broke the news in on Wednesday, February 19, 2025.
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