The paper provides a concise overview of the initial considerations surrounding Central Bank Digital Currency (CBDC) and aims to inform the Executive Board. It highlights the importance of having a framework to guide countries in their exploration of CBDC. Additionally, it addresses the potential implications of CBDC on monetary policy transmission, capital flow management measures, and financial inclusion. The paper emphasizes the need for careful analysis and evaluation of these factors before implementing a CBDC. Overall, it serves as a valuable resource for policymakers seeking to understand the key aspects and potential impacts of CBDC.