Yan Liu

Yan Liu, Deputy General Counsel for the International Monetary Fund, discusses the IMF's Resilience and Sustainability Trust tackling global crises like pandemics and climate change. Exploring green finance, sustainable debt, and RSF financing conditionality, managing loans, and conditions of the RST program, unlocking flexibility for private sector financing, and ensuring debt sustainability within IMF programs.

Dong He, Deputy Director at the IMF's Monetary and Capital Markets Department, and Yan Liu, Assistant General Counsel at the IMF's Legal Department, dive into the future of Central Bank Digital Currencies (CBDCs). They explore the rising interest from central banks and the challenges of balancing privacy with anti-money laundering regulations. The discussion also covers how CBDCs could bolster financial inclusion and the impact of cryptocurrencies on traditional banking systems, including the effects of Facebook's Libra.