IMF Seeks to Modernise Payment Systems In Africa
May 16, 2022 ·
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The managing director, International Monetary Fund, Kristalina Georgieva, has called for the development of a new public infrastructure to connect various payment systems, including digital currencies. She added that countries...
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The managing director, International Monetary Fund, Kristalina Georgieva, has called for the development of a new public infrastructure to connect various payment systems, including digital currencies.
She added that countries need to work together to build new roads, railways, bridges, and tunnels using public digital platforms to connect payment systems.
Georgieva says the new payment system would help counter the fragmentation of the international monetary system.
She says this would make international payments more efficient, safer, and more inclusive.
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She added that countries need to work together to build new roads, railways, bridges, and tunnels using public digital platforms to connect payment systems.
Georgieva says the new payment system would help counter the fragmentation of the international monetary system.
She says this would make international payments more efficient, safer, and more inclusive.
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