{
  "title": "Namibia: Technical Assistance Report-Retail Central Bank Digital Currency Exploration and Roadmap",
  "publication": "Technical Assistance Reports, February 12, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/technical-assistance-reports/issues/2025/02/12/namibia-technical-assistance-report-retail-central-bank-digital-currency-exploration-and-561985",
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  "summary": "The Bank of Namibia (BON) explored the potential of Retail Central Bank Digital Currency (rCBDC). The key drivers included promoting financial inclusion, modernizing financial system modernization, as well as improving cross-border payments.",
  "sections": [
    {
      "heading": "Summary and mission objectives",
      "content": "- The Bank of Namibia (BON) explored the potential of Retail Central Bank Digital Currency (rCBDC).\n- Key drivers for exploration included:\n  - promoting financial inclusion,\n  - modernizing financial system modernization,\n  - improving cross-border payments.\n- The technical assistance (TA) mission aimed to:\n  - provide the groundwork for a feasibility study of rCBDC,\n  - draft a rCBDC exploration roadmap for the BON."
    },
    {
      "heading": "Analysis and assessments conducted",
      "content": "- The mission analyzed:\n  - Namibia’s payment systems,\n  - financial inclusion.\n- The mission assessed:\n  - potential value propositions and drawbacks of rCBDC,\n  - implications of rCBDC for monetary policy and financial stability,\n  - the BoN’s foundational requirements."
    },
    {
      "heading": "Deliverables and intended use of findings",
      "content": "- The mission helped draft a rCBDC exploration roadmap intended to foster a cohesive and coordinated approach for the BoN and external stakeholders.\n- The mission’s findings will inform the development of the BoN's rCBDC position paper."
    },
    {
      "heading": "Publication metadata and key statistics",
      "content": "- Publication date: February 12, 2025\n- Pages: 53\n- Volume: 2025\n- Issue: 016\n- Series: Technical Assistance Report No. 2025/016\n- DOI: https://doi.org/10.5089/9798400298998.019\n- Stock No: TAREA2025016\n- ISBN: 9798400298998\n- ISSN: 3005-4575\n- Subject keywords: Central Bank digital currencies; Currencies; Digital financial services; Financial inclusion; Financial markets; Money; Payment systems; Technology\n- Additional keywords: Africa; BoN's participation; BoN's staff capability; CBDC; CBDC exploration; Central bank digital currencies; central bank digital currency; central bank staff; cross-border payments; Currencies; Digital financial services; financial inclusion; Global; IMF's Monetary; Namibia.; payment systems; rCBDC; rCBDC exploration roadmap; request of the Bank of Namibia; retail CBDC; retail central bank digital currency; Sub-Saharan Africa\n\nSource: Namibia: Technical Assistance Report-Retail Central Bank Digital Currency Exploration and Roadmap, International Monetary Fund, Technical Assistance Report No. 2025/016.\n\n---\n\n Content in this bundle\n\n- tarea2025016-print-pdf\n  - tarea2025016-print-pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - tarea2025016-print-pdf (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/technical-assistance-reports/issues/2025/02/12/namibia-technical-assistance-report-retail-central-bank-digital-currency-exploration-and-561985"
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    "Published: February 12, 2025",
    "Series: Technical Assistance Reports",
    "DOI: https://doi.org/10.5089/9798400298998.019",
    "The Bank of Namibia (BON) explored the potential of Retail Central Bank Digital Currency (rCBDC).",
    "Key drivers for exploration included:",
    "The technical assistance (TA) mission aimed to:",
    "The mission analyzed:",
    "The mission assessed:",
    "The mission helped draft a rCBDC exploration roadmap intended to foster a cohesive and coordinated approach for the BoN and external stakeholders.",
    "The mission’s findings will inform the development of the BoN's rCBDC position paper.",
    "Publication date: February 12, 2025",
    "Pages: 53",
    "Volume: 2025",
    "Issue: 016",
    "Series: Technical Assistance Report No. 2025/016",
    "DOI: https://doi.org/10.5089/9798400298998.019",
    "Stock No: TAREA2025016",
    "ISBN: 9798400298998",
    "ISSN: 3005-4575",
    "Subject keywords: Central Bank digital currencies; Currencies; Digital financial services; Financial inclusion; Financial markets; Money; Payment systems; Technology",
    "Additional keywords: Africa; BoN's participation; BoN's staff capability; CBDC; CBDC exploration; Central bank digital currencies; central bank digital currency; central bank staff; cross-border payments; Currencies; Digital financial services; financial inclusion; Global; IMF's Monetary; Namibia.; payment systems; rCBDC; rCBDC exploration roadmap; request of the Bank of Namibia; retail CBDC; retail central bank digital currency; Sub-Saharan Africa",
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