## Central Bank Digital Currencies: Principles and Policy Considerations (CBDC)

## Source details

**Canonical URL:** [Central Bank Digital Currencies: Principles and Policy Considerations (CBDC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2024/cbdcct24-04)

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- [Markdown version](/en/capacity-development/training/icdtc/schedule/ct/2024/cbdcct24-04/index.md)
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## Bibliographic details
- Session: CT 24.04
- Location: Shenzhen, China
- Dates: February 19-23, 2024 (1 week)
- Delivery method: In-person Training
- Primary language: English

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### Invitation and Logistics
- Event: Central Bank Digital Currencies: Principles and Policy Considerations (CBDC) training program presented by the Institute for Capacity Development.
- Session No.: CT 24.04
- Location: Shenzhen, China
- Date: February 19-23, 2024 (1 week)
- Delivery Method: In-person Training
- Primary Language: English

### Target Audience and Qualifications
- Target Audience:
  - Mid-level to senior officials in central banks and other government agencies dealing with regulation of the financial sector.
- Qualifications:
  - Participants are expected to have an advanced degree in economics or finance or equivalent work experience.

### Course Description — scope, themes, and analytical framing
- Purpose:
  - Designed to give participants a foundation in central bank digital currencies.
- Analytical scope and content:
  - Assesses the business case for CBDC adoption from the perspective of users and central banks.
  - Presents motivations and introductory remarks on digitalization.
  - Discusses the different forms of CBDCs and presents considerations for CBDC design and a conceptual framework.
  - Presents the benefits, costs and risks related to CBDCs.
  - Studies implications of CBDCs for financial stability and bank intermediation, the monetary policy transmission, financial integrity, and financial inclusion.
  - Devotes time to regulatory considerations at both the national and international level.
  - Uses case studies to reflect on and discuss country experiences, and to test understanding of successful strategies and reasons some countries have chosen not to proceed with implementation.

### Course Objectives — competencies participants should attain
- Upon completion of the course, participants should be able to:
  - Explain the economic rationale for the use of CBDCs compared to other payment instruments.
  - Use the framework presented in the course to think about the design and implementation of CBDCs.
  - Use the concepts introduced in the course to assess the benefits and costs of CBDCs.
  - Identify threats to financial stability and various risks based on country case studies.
  - Extract lessons from country pilots to try to prevent design pitfalls.

### Additional institutional note
- The International Monetary Fund (IMF) offers online training to government officials and the public.

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## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Executive Training 2 on Fiscal Policy Considerations (FPA)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fpcce26-16)
- [Institutional Sector Accounts-Advanced - Blended (ISA-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2027/isa-ahq27-02)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2024/cbdcct24-04_