ou meet the governor of the central bank in the coffee shop. She/he asks you what you think is the best case for a Central Bank Digital Currency, in Saudi Arabia. (Governors are time-poor), draft what you will respond. Some guiding questions: What do you think is the most compelling CBDC use case for Saudi Arabia? Why? What problem does it address? If it has been done? What are the learnings and remaining issues? Can the private sector solve it? Yes, no, partly? How would the central bank add value? Eg • Providing a safe asset? • Providing a stable asset? • Providing settlement services? • Liquidity in bad times (deciding who to give liquidity support to)? • Financial inclusion? • Ensuring auditability? AML/CFT? • Cross-border standardisation? • Cross border settlement? Who would need to be part of the project team and why? • Within the central bank? • Other government? • Private sector? Banks? Tech? What would success look like? Do your best to be clear, have a logical flow and be concise. Note: The Saudi Arabia Central Bank (SAMA) and Central Bank of United Arab Emirates (CBUAE) released a report on Project “Aber”. Appreciate if you exceed 1 page by couple sentences