To that effect, I mustered technical assistance from the IMF to ensure that our "Digital Rupee" was elaborated in the best possible conditions. I must put on record that the Bank of Mauritius was the first Central Bank to benefit from an IMF technical assistance in this respect.
We, at the Bank of Mauritius, have adopted a prudent and cautious approach when we embarked on our CBDC journey. In the preliminary stage, in mid-2020, the Bank interacted with experts from different units of the IMF who provided opportunities to strengthen our team's analytical and technological capability through brainstorming workshops.