News in Brief

Cash as National Critical Infrastructure

OMFIF, an independent think tank for central banking, economic policy and public investment, has argued that cash plays a systemic role that no digital payment instrument, no matter how sophisticated, can replicate ¹.

Cash is the last line of defence. Its continued availability and usability should be viewed as a central pillar of economic resilience. The article calls for strategic cash policies that formally recognise that cash is not simply a legacy payment method, but a component of national critical infrastructure.