Recently, a new concept of central bank digital currency (CBDC) has emerged in the financial system. It has attracted significant attention and promises huge potential for the economy. The thesis is focused on identifying the impact of the introduction of CBDC on economic policy by conducting a systematic literature review and synthesizing existing knowledge into a comprehensive overview. The systematic literature review is done in accordance with PRISMA 2020 framework. Findings suggest that CBDC may deliver various benefits, serve as a valuable policy instrument, and promote innovation and inclusion in the financial system. However, the adoption of CBDC may also entail certain risks that could be largely addressed with appropriate measures. Overall, CBDC may be worth adopting, however, it depends on the policy objective of the central bank and the general economic context.