As part of the implementation of its 2019–2023 strategic plan, whose motto is “To be an efficient, innovative Central Bank and a force for change at the service of the country,” Bank Al-Maghrib strengthened in 2020 its positioning as a catalyst for innovation…

The main drivers that motivate Arab central banks and monetary authorities to engage in a CBDC project reflect initially the importance of promoting a cashless economy and fostering financial inclusion. The first four drivers are: (i) to move to a cashless…