Mexico's Digital Peso to Achieve Total Financial Inclusion

The Mexican government, ever eager to leap into the future, has grandly declared its intention to achieve total financial inclusion via a forthcoming digital peso. Apparently, the mere existence of a central bank digital currency, set to arrive by 2024, will magically bridge the chasm separating millions from formal financial services. We can already picture the beaming faces of the unbanked, suddenly finding their way to reliable internet connections and acquiring the necessary smartphones to participate in this brave new world of digital transactions.

It’s truly a testament to innovative policy-making: why tackle mundane issues like widespread poverty, limited infrastructure, or the pervasive informal economy when you can simply digitize the national currency? The concept of financial inclusion has never seemed so delightfully simplistic. The government assures us that this ingenious solution will effortlessly onboard everyone, from the remotest village to the bustling street markets, into the modern fiscal landscape. One only hopes these new digital citizens are also being provided with an unlimited data plan and robust cybersecurity training.