The World Bank puts $75m to help the Commonwealth of Dominica to transform its digital economy

From: FinTech Global

The World Bank will provide the Commonwealth of Dominica with $75m to assist in transformation of the country’s digital economy.

“There is a regional component of this project that is heavily based on cybersecurity and telecommunications,” said Cassani Laville, the minister for digital economy. “There is a component for health, there is a component for education, for travel facilitation, for tourism; there are attendant benefits for businesses, for young entrepreneurs, for education, for support to the private sector, for E-Government, for digitisation and digitalisation. So there are tremendous benefits across the board to see that transformation of the way that we conduct business,

“We are going to see travel facilitation with tourism transformed. We are going to find that businesses are able to access greater markets, and we are not only restricted by the numbers in Dominica but we are going to see that we can access the six billion people around the world.”

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