IMF Managing Director: “We Are Working Hard on a Global CBDC”

IMF Managing Director: “We Are Working Hard on a Global CBDC”

THE SIGNAL

Kristalina Georgievahe, the managing director of the International Monetary Fund (IMF), said during a presentation in Morocco that they are “working hard on the concept of a global CBDC platform.”

In simpler terms, the IMF is working to bring in a one-world currency.

Declaring that Central Bank Digital Currencies need to be “interoperable between countries,” Georgieva said, “If we are to be successful, CBDCs could not be fragmented national propositions.”

“To have transactions more efficient and fairer, we need systems that connect countries,” Georgieva continued.

“In other words, we need interoperability,” she said.

According to the IMF, global digital currencies would “give more pe …

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