The mere presence of international institutions and Central Banks representatives from across the world testifies both the willingness and interest in the future of money and the role of Central Banks I wish to convey my gratitude to the IMF/World Bank Group Community of Technologists for allowing the Bank of Mauritius the opportunity to host this meeting, the more so that I understand that it is for the very first time that this meeting is being held outside Washington D.C. Ladies and Gentlemen, It is very fitting that the theme for this landmark meeting is "The Future of Central Bank Money in a Digital World".
For us as central bankers, preparing for the future means getting everything right, now itself. Central Bank Digital Currencies – CBDCs as we commonly call them - entail much more than mere digital representations of a central bank currency. CBDCs may have critical implications on both domestic and international economic and financial stability.