News
Jamaica Plans to Launch Central Bank Digital Currency in 2022
Jamaica is planning to launch a central bank digital currency (CBDC) in 2022. The government views the accelerated transition to a digital society and economy as vital to economic recovery following the COVID-19 pandemic. During the annual National Budget Debate, Jamaica’s Minister of Finance has announced the CBDC will be piloted in December 2021 ahead of launch.
The Minister of Finance also believes that a CBDC can greatly improve financial inclusion by making financial services available to the Caribbean nation’s unbanked population.
Latest from Our Blog
View all blog posts
How to Fight Fraud Against Government Program Beneficiaries in India
Government payment recipients with digital accounts are increasingly becoming the targets of scams. Recent research identifies key vulnerability points and recommendations for improving consumer protection.
Getting Financial Service Providers “Refugee-Ready”: Four Lessons From Uganda
A five-year blended finance program centered on market-conducive incentives shows that loan portfolio guarantees are not necessary for serving refugees.
Combating Financial Abuse With a Vigorous Battle Plan
There are three key lessons we can apply from the Smart Campaign’s experience with consumer protection.