2022·ZCAS University
The study investigates how a CBDC payment system could enhance Zambia’s financial system efficiency and strengthen national defense against money laundering (AML) and counter‑terrorism financing (CFT). Methodology: Uses time‑series monthly data over eleven years. Applies unit root tests,...
Payment systemsCentral Bank Digital CurrenciesFinancial inclusionCost of currencyPayment efficincyAML/CFTZambia
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