We need to urgently explore ways of ensuring our citizens are digitally literate and all participants in the digital ecosystem exercise responsible digital leadership and governance. The overarching theme in our discussions all through this week must be about People. We must constantly ask ourselves, what are their needs? How does technology and innovation meet these needs?
3/5  BIS central bankers' speeches  Fortunately, the BSP has embraced digitalization even before the pandemic. But to further strengthen its digitalization efforts, the BSP launched the Digital Payments Transformation Roadmap 2020 – 2023 last October. This roadmap is in line with the BSP’s goal to shift from a cash-heavy to a cash-lite economy.