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The head of the International Monetary Fund has urged countries to make a more proactive push to develop central bank digital currencies (CBDC). Eleven countries, including a number in the Caribbean, and Nigeria, have already launched CBDCs. "We may be at a point where the public sector needs to offer a little more guidance," IMF Managing Director Kristalina Georgieva said in a speech in Singapore.
$35 million envelope will target women-led businesses aligned with United Nations Sustainable Development Goals.
The discussion follows the rejection of a request to sell one of the properties that the city had been mulling over for the last eight months.
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