A comprehensive overview of the programme's design, strategic rationale, and implementation approach — prepared by Future Citizen Bureau for the Government of Montserrat.
Every element of this programme has been designed to serve Montserrat's long-term economic interests while preserving full sovereign control.
The 1 May presentation is an alignment meeting — an opportunity for Government to review the programme in full and decide how to proceed. Four recommended next steps are proposed for Government's consideration:
These four steps together unlock the programme's implementation timeline and allow Montserrat to begin generating non-tax revenue at the earliest opportunity.
The programme has been designed with the priorities and concerns of each key stakeholder in mind:
The programme is built on three foundational pillars that address the most important considerations for Government:
"This proposal is about digital identity and the MID Wallet. IBC streamlining is the natural next priority, designed as a subsequent phase with full Government oversight."
The programme is phased by design — each element returns to Government for review, ensuring full control over the programme's evolution.
"Zero population impact. Zero immigration. Zero citizenship. Zero tax residency."
Four guarantees that protect Montserrat's sovereignty completely. The programme creates economic value without altering the island's constitutional, demographic, or fiscal character.
"The Government doesn't spend to start. The Government earns from day one."
US$750 per initial MID application flows to Government against zero downside — with an IBC revenue stream activated under Bill §5(1)(b) in Year 1 Q3 adding a further Government share. FCB funds the entire platform build, operations, marketing, and compliance infrastructure.
The Cabinet presentation is designed for 25 minutes of structured overview followed by 20 minutes of open discussion — 45 minutes total.
| Slide | Content | Duration | Purpose |
|---|---|---|---|
| 1 | Cover | 30s | Tone-setting: sovereign, professional |
| 2 | Agenda | 30s | Demonstrate bounded scope |
| 3 | Opportunity | 2m | Anchor in Montserrat's specific position |
| 4 | Accomplishments | 2m | Partnership proof — what has been built together |
| 5 | What the Bill enables | 2m | Establish the legal canvas |
| 6 | Programme Strategy | 3m | Key slide — define the scope clearly |
| 7 | Revenue model | 3m | Financial detail — fee structure and projections |
| 8 | 10-year projection | 2m | Scale of the economic opportunity |
| 9 | Controls & governance | 2m | Sovereignty protections — statutory authority preserved |
| 10 | The Sovereign Constant | 2m | Core anchor — four zeros |
| 11 | Implementation plan | 2m | Platform readiness and 3-month timeline |
| 12 | IBC & future value | 1m | Growth pathway and international precedent |
| 13 | Recommended next steps | 2m | The four proposed actions |
| 14 | Close | 30s | Thank you and contact details |
Recommended speaker assignments (adjustable based on the FCB delegation):
| Segment | Speaker | Rationale |
|---|---|---|
| Opening & Opportunity (Slides 1–3) | FCB Lead | Sets strategic framing |
| Accomplishments & Bill (Slides 4–5) | FCB Lead or Legal | Partnership language |
| Programme Strategy & Revenue (Slides 6–8) | FCB Lead | Core pillars — delivered by the principal |
| Controls & Sovereign Constant (Slides 9–10) | FCB Legal / Compliance | Governance credibility |
| Implementation & Future (Slides 11–12) | FCB Operations | Demonstrates operational capability |
| Next Steps & Close (Slides 13–14) | FCB Lead | Recommendations come from the principal |
| Q&A | FCB Lead + relevant specialist | Demonstrates depth across the team |
The presentation is designed for open dialogue. Ministers are encouraged to raise questions at any point — the programme has been built to withstand scrutiny, and transparent discussion strengthens Government's confidence in the design.
Scope clarity: The 1 May 2026 Cabinet meeting seeks endorsement of the integrated programme. Year 1 launches MID (digital identity and MID Wallet). IBC streamlining activates in Year 1 Q3 under §5(1)(b) — parallel to operations, not a separate phase. A Year-2 stablecoin extension completes the ecosystem and returns to Cabinet for a separate decision during Year 1, ensuring Government maintains full control over the programme's evolution.
Follow-up commitment: FCB is available to work through any detailed questions with individual Ministries or officials after the presentation — the goal is to ensure every stakeholder is fully comfortable with the programme before moving forward.
The following language guidelines ensure that all programme communications are consistent, accurate, and appropriate for Government audiences:
The following materials are available for Government's review and reference:
Within 24 hours of the meeting:
All four recommended next steps secured; Bill passage timeline agreed. Programme implementation begins immediately.
Endorsement in principle and authorisation to proceed to Operating Agreement; other items deferred to a follow-up session.
Cabinet requests additional analysis before endorsement. FCB agrees a clear scope for the analysis and a return date to continue the discussion.
Any outcome short of a request for further review is forward progress. The goal on 1 May is alignment and clarity, not pressure.
The stablecoin payments rail is a Year-2 extension of the MDRP — not a separate programme. It builds directly on the digital-identity and IBC foundations established in Year 1, adding a regulated payment layer to the same ecosystem.
What it is: A regulated XCD-denominated payment token (not fiat, not a CBDC) authorised under Bill §5(1)(b) by Ministerial regulation. It serves MID holders and IBC companies for cross-border receipt and B2B settlement — precisely the use cases the MDRP ecosystem generates.
Scale of the opportunity: The stablecoin extension adds approximately ~$19M cumulative Government revenue over 10 years, additional to the $54M MID + IBC base case. By Year 10 the programme targets $100M in circulating supply and $2.5B in annual transaction payment value — establishing Montserrat as a sovereign-scale payments jurisdiction.
Regulatory pathway: Activation requires ECCB consultation (non-objection), a parallel FSC licensing process for the issuer/SPV, and a §5(1)(b) Ministerial regulation. These workstreams should run in parallel with MDRP Year 1 operations to compress the launch window — targeting a Year-2 launch if both legislative workstreams proceed concurrently.
Cabinet decision point: The stablecoin extension is a separate Cabinet decision, supported by a dedicated financial model and regulatory analysis. Government's endorsement of the MDRP on 1 May does not commit to the stablecoin extension — it simply preserves the option.
Full financial detail and regulatory analysis is available in the Stablecoin & Payments Financial Model.
This is activation, not a new proposal. The Bill has been reviewed. The platform is built. The programme is ready for Government's green light.
The four zeros are the foundation. Zero population impact. Zero immigration. Zero citizenship. Zero tax residency. Everything else builds on these guarantees.
Four recommended next steps — focused and achievable. Endorsement, Operating Agreement, DRO designation, and implementation target. Clear, bounded, and designed for Government's comfort.