World Bank pledges support for Liberia’s digital transformation journey

The World Bank, under the leadership of newly appointed Country Manager Georgia Wallen, has committed to bolstering Liberia’s digital economy, signaling a significant step towards the advancement of the country’s digital transformation initiatives. The announcement was made at the Liberia Country Diagnostic workshop on Tuesday. Wallen highlighted the profound impact that digitalization can have on Liberia’s development, emphasizing that digital technologies are revolutionizing the way people live, work, and interact. She pointed out that the COVID-19 pandemic has accelerated this transformation, leading to increased technology adoption worldwide across various sectors including education, health, and finance. In her remarks, Wallen stressed that in today’s interconnected world, digitalization is not a luxury but a necessity for economic growth, social development, and global competitiveness. She noted that over the past decade, the digital economy has grown rapidly and now accounts for more than 15% of the global GDP. The Liberian government has embarked on transitioning into a knowledge-based economy with enhanced social development for all. Minister of Post and Telecommunications Worlea-Saywah Dunah revealed that the government is working with stakeholders in the sector and development partners to develop a five-year national development digital transformation agenda to meet the best ICT standards. Despite […]

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