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
Is There a “Steel Bullet” for Helping Businesses Grow?
Financial diaries which provide microentrepreneurs with tailored business reports are helping them to grow their businesses, showing the power of access to data.
Working to Promote Food Security in Burkina Faso
Claire Lossiané of YIKRI, winner of the 2023 European Microfinance Award, reflects on the MFI’s programs to combat malnutrition.
India’s Digital Divide Threatens the Progress of Financial Inclusion
There are three key challenges that need to be addressed to fulfill the promise of India's much-lauded digital public infrastructure, as mobile phones and internet access remain inaccessible for a significant segment of the population.