World Bank Liberia pledges support for Liberia’s digital vision
By: Naneka Hoffman
The World Bank Liberia Country Manager, Georgia Wallen, says the Bank is strongly committed to supporting the development of digital economies through continent-level initiatives.
Ms. Wallen reveals the World Bank has adopted an ecosystem approach to support countries to achieve accelerated, inclusive, and sustained growth through economy-wide digital transformation.
Speaking Tuesday, September 12, 2023, during a diagnostic workshop in Monrovia she noted that this is not only about adopting technology but rather creating an entire digital environment that is inclusive and sustainable to benefit all.
She stresses that the global economy is undergoing profound transformation with digital technologies revolutionizing the way people live, work, and interact.
The World Bank Liberia Country Manager further discloses that the COVID-19 pandemic accelerated this transformation, stepping up technology adoption worldwide and across sectors, including education, health, and finance.
According to her, the digital economy has grown at a rapid pace, now accounting for more than 15 percent of global Gross Domestic Product.
Liberia’s Minister of Posts and Telecommunications, Worlea-Saywah Dunah, explains that Liberia is beginning to build a digital economy.
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He says transactions with government ministries, agencies, and private institutions will soon be done through digital economic system.
Minister Dunah notes that study has shown that digitalized economy is considered the mean driver of economic growth.
He says government’s ministries and agencies have begun to digitalize their activities which is making services to people more efficient.
He adds that the Ministry is making strife to ensure that Liberia’s economy is digitized.
The background informs that Liberia is at a critical juncture on the path to becoming a digital country, with many changes brought about by technological advancements.
The digital workshop served as a platform for strategic discussions and planning to further Liberia’s digital transformation, structured into two sessions, each of which addressed critical aspects of the journey – both present and future.
The World Bank completed the Liberia Digital Economy Country Diagnostic in 2020, building on the collaborative efforts of multiple stakeholders. Editing by Jonathan Browne
