{
  "title": "Central Bank Digital Currencies (CBDC)",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2025/cbdcsa25-03",
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  "summary": "Central Bank Digital Currencies Training Program Target Audience Mid-level to senior officials in central banks and other government agencies dealing with regulation of the financial sector.",
  "publishDate": "2025-08-20",
  "sections": [
    {
      "heading": "Target audience and qualifications",
      "content": "- Target Audience: Mid-level to senior officials in central banks and other government agencies dealing with regulation of the financial sector.\n- Qualifications: Participants are expected to have an advanced degree in economics or finance or equivalent work experience."
    },
    {
      "heading": "Session logistics",
      "content": "- Session No.: SA 25.03\n- Location: New Delhi, India\n- Date: February 3-7, 2025 (1 week)\n- Delivery Method: In-person Training\n- Primary Language: English\n- Deadline passed"
    },
    {
      "heading": "Course description — scope and focus",
      "content": "- The course is designed to give participants a foundation in central bank digital currencies (CBDC).\n- It will assess the business case for CBDC adoption from the perspective of users and central banks.\n- After introductory material on motivations and digitalization, the course will:\n  - Discuss the different forms of CBDCs.\n  - Present considerations for CBDC design and a conceptual framework.\n  - Present the benefits, costs and risks related to CBDCs.\n- The course will study implications of CBDCs for:\n  - Financial stability and bank intermediation.\n  - Monetary policy transmission.\n  - Financial integrity.\n  - Financial inclusion.\n- Sometime will be devoted to regulatory considerations, both at the national and international level."
    },
    {
      "heading": "Course objectives — competencies participants will gain",
      "content": "- Explain the economic rationale for the use of CBDCs compared to other payment instruments.\n- Use the framework presented in the course to think about the design and implementation of CBDCs.\n- Use the concepts introduced in the course to assess the benefits and costs of CBDCs.\n- Identify threats to financial stability and various risks based on country case studies.\n- Extract lessons from country pilots to try to prevent design pitfalls."
    }
  ],
  "bullets": [
    "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.",
    "Session No.: SA 25.03",
    "Location: New Delhi, India",
    "Date: February 3-7, 2025 (1 week)",
    "Delivery Method: In-person Training",
    "Primary Language: English",
    "Deadline passed",
    "The course is designed to give participants a foundation in central bank digital currencies (CBDC).",
    "It will assess the business case for CBDC adoption from the perspective of users and central banks.",
    "After introductory material on motivations and digitalization, the course will:",
    "The course will study implications of CBDCs for:",
    "Sometime will be devoted to regulatory considerations, both at the national and international level.",
    "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."
  ],
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  "generatedAtUtc": "2026-09-29T20:05:04.168Z"
}