Vulnerability to a rise in global rates varies greatly across the region, however, reflecting not only differences in debt levels but also in the structure of countries’ external liabilities, including the role of FDI versus more volatile capital inflows in those liabilities and the shares of foreign currency and short-term debt.
The roadmap is a blueprint for the development of an efficient, inclusive, safe and secure digital payments ecosystem that supports the diverse needs and capabilities of individuals and firms alike. In this journey, two strategic outcomes are emphasized. First is the goal to convert at least 50 percent of the total volume of retail payments into digital form.