For our currency production, we have decided to use polymer banknotes to make sure that the notes are high quality, long-lasting, difficult to counterfeit, resistant to dirt and moisture, and most importantly, environment-friendly with lower carbon footprint than paper. Finally, the pandemic has highlighted the quality of governance in financial institutions.
The significance attributed to LCBMs for national and global financial stability is also reflected in the fact that, as part of the G20 process, this topic was – inter alia – dealt with by the International Monetary System (IMS) working group.