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Home / senegal / "The fact of not digitizing the means of payment meant that we were wasting time." Suleiman J. Diop (Minister)

"The fact of not digitizing the means of payment meant that we were wasting time." Suleiman J. Diop (Minister)



After good progress in financial participation, Senegal is committed to digitizing payments to accelerate growth and full development. FCFA's 104 billion additional to GDP, this figure stems from a new report presented on Tuesday, November 28, 2018 in Primate during a ceremony set under the high patronage of the President of the Republic chaired by the Prime Minister of Senegal. The event was attended by representatives of the international community, governments, private sector actors and regulators. A study under the auspices of the Government was conducted for Senegal with the support of the United Nations, including the Alliance “Best of All” and the MM4P program of the United Nations Investment Agency. United States (UNCDF). Mr. Mohammed Dion, Prime Minister of Senegal, said: “Improving the cooperation of the private and public sectors around digitizing payments will mobilize more resources, increase business productivity, strengthen financial inclusion and win an annual contribution of 104 billion CFA francs to our country's GDP . All this contributes to the realization of the Head of State’s vision of a comprehensive Senegal, in addition to participating in common issues with other WAEMU countries. According to the minister responsible for UNDUC, Mr. Souleymane Jules DIOP, the project coordinator “the fact of not digitizing means of payment, as well as not digitizing all financial transactions that take place within the framework of the State, wasting time and wasting resources and resources”


Wednesday, November 28, 2018





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