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The IMF said its executive directors “recognized the potential of the Sand Dollar to foster financial inclusion” and recommended the Central Bank of The Bahamas “accelerate its education campaigns and continue strengthening internal capacity and oversight.”
WASHINGTON, USA - On May 4, 2022, the executive board of the International Monetary Fund (IMF) concluded the Article IV consultation with The Bahamas. The
The Bahamian economy exhibited a measured pace of recovery during 2021, the Central Bank of the Bahamas (CBB) has said. In its just released 2021 Annual Report, the CBB said that the domestic economy registered a growth of 13.7 per cent last year,
The advancement of technologies expectedly leads to growing client requests, stimulating the Fintech...
We know that the growing trend in cryptocurrencies and CBDCs will make it more likely, but it is not certain. We must not waste time in fear and speculation. However, there are a number of ways to prepare for a cashless society if that should happen.