> For the complete documentation index, see [llms.txt](https://qualitax.gitbook.io/interop/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://qualitax.gitbook.io/interop/use-cases/retail-cbdc-rcbdc/provide-targeted-government-transfers-government-vouchers.md).

# Provide Targeted Government Transfers (Government Vouchers)

## About

<table><thead><tr><th width="304">Use Case Category</th><th>Use Case Description</th></tr></thead><tbody><tr><td>rCBDC</td><td>This use case explores using programmable money tied to a digital currency to provide more targeted and restricted fiscal transfers from government agencies to citizens. Conditions can be embedded in the programmable money to direct spending.</td></tr></tbody></table>

## Description

**Key Stakeholders:**

* Government agency
* Digital currency issuer
* Citizens receiving transfers
* Merchants accepting transfers

**Story:**

1. Government agency defines terms and conditions for programmable money
2. Digital currency issuer mints digital currency
3. Programmable money is created and distributed to citizens
4. Citizens spend programmable money at approved merchants
5. Programmable money conditions are evaluated
6. If valid, digital currency is released to the merchant as payment

**Preconditions:**&#x20;

* Government agency wants to provide targeted transfers
* Digital currency and programmable money platform exist
* Merchants are enrolled to accept programmable money

**Postconditions:**&#x20;

* Citizens receive and spend programmable money transfers as intended by policies
* Merchants receive payment in digital currency after validating program conditions
* Government agency gains visibility into targeted spending

**Key Benefits:**

* More targeted and restricted fiscal transfers
* Ability to direct spending to specific groups, places, etc.
* Improved efficacy of social programs
* Automated validation of transfer conditions
* Better visibility into targeted spending

## Example Solution Provider

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Confirm if this involves crosschain or not.

OCBC Ltd (OCBC) and the Central Provident Fund Board (CPFB) will test the use of PBM for funds disbursement from government agencies, without requiring recipients to have a bank account. The trial will be conducted using a test disbursement scheme in a controlled environment with selected participants.

Source: MAS