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Malawi takes key step to advance digital payments to drive inclusive growth

Malawi takes key step to advance digital payments to drive inclusive growth
eturbonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eturbonews.com Daily Mail and Mail on Sunday newspapers.

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Share of digital payments increases to 17% – BSP – Manila Bulletin

Published May 1, 2021, 2:00 PM
The volume of digital payments in the country rose to 17 percent of all payment transactions as of mid-2020, and closer to the 50 percent cash-lite target of the Bangko Sentral ng Pilipinas (BSP) by 2023.
The share of monthly digital payments in terms of volume has been steadily increasing from just one percent in 2013, to 10 percent in 2018 and 14 percent in 2019, according to BSP Governor Benjamin E. Diokno, citing data from Better Than Cash Alliance (BTCA).
“Early estimates from the first half of 2020 provides encouraging results where digital payments rose to 17 percent of all monthly payments,” said Diokno.
BSP Governor Benjamin E. Diokno (Bloomberg file) ....

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Digitization an opportunity to propel African economies even as COVID-19 rages | United Nations Economic Commission for Africa

Addis Ababa, Ethiopia, March 30, 2021 (ECA) - The COVID-19 pandemic has hit hard the economies of many African countries, and pushed many more citizens into poverty, but some countries like Rwanda and Togo have used digitization to keep their economies running.
Speaking during the launch of a Pan-African peer exchange series on the benefits of responsible digital government payments, the Executive Secretary of the Economic Commission for Africa (ECA), Ms. Vera Songwe said the pandemic had a huge toll on African economies with GDP growth estimated to have dropped from 3.3% in 2019 to -2.6% in 2020. It is, however, anticipated that growth would return to 3.3% in 2021. ....

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Digitization an opportunity to propel African economies – New Business Ethiopia

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The COVID-19 pandemic has hit hard the economies of many African countries, and pushed many more citizens into poverty, but some countries like Rwanda and Togo have used digitization to keep their economies running.
Speaking during the launch of a Pan-African peer exchange series on the benefits of responsible digital government payments, the Executive Secretary of the Economic Commission for Africa (ECA), Ms. Vera Songwe said the pandemic had a huge toll on African economies with GDP growth estimated to have dropped from 3.3% in 2019 to -2.6% in 2020. It is, however, anticipated that growth would return to 3.3% in 2021. ....

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FAO pledges to scale up direct use of digital financial transfers

22 February 2021, Rome - In another step towards creating a "digital FAO", the Food and Agriculture Organization of the United Nations is committing to. ....

Ruth Goodwin , Agriculture Organization Of The United Nations , Better Than Cash Alliance , Agriculture Organization , United Nations , Better Than Cash , United Nations Hosted , Ruth Goodwin Groen , Managing Director , Mobile Money , Livelihood Assistance , Climate Change , Money Transfer , ரூத் குட்வின் , சிறந்தது விட பணம் கூட்டணி , ஒன்றுபட்டது நாடுகள் , சிறந்தது விட பணம் , ஒன்றுபட்டது நாடுகள் ஹோஸ்ட் செய்யப்பட்டது , ரூத் குட்வின் இடுப்பு , நிர்வகித்தல் இயக்குனர் , கைபேசி பணம் , வாழ்வாதாரம் உதவி , காலநிலை மாற்றம் , பணம் பரிமாற்றம் ,