To be clear, we have no immediate plans to launch a CBDC in New Zealand. We are, however, following developments very carefully, and are among the 80 percent of central banks that are actively researching CBDCs (Figure 6). 19 Bank of Canada et. al (2020). 20 Riksbank (2018).
21 Cash is beneficial for financial inclusion in the immediate term and by providing an alternative means  of payment, but long term financial inclusion requires creating pathways to electronic means of payments. This includes, addressing challenges such as digital identity, access to online platforms, and education. See also Committee on Payments and Market Infrastructures and World Bank (2020).