Browsing: World Bank Economic Update for Uganda

World Bank -Digital technology could quicken economic recovery

Digital technologies could quicken economy recovery that has been affected by COVID-19 pandemic, according to the World Bank’s latest Economic Update for Uganda.

The world bank focused on the digital economy this time around with their report titled ‘digital solutions in a time of crisis’.

The report noted that during this COVID -19 period there has been an increase of digital technologies such as mobile, digital disease surveillance and monitoring, on-line education, on-line shopping and dissemination of public health messages which showed great potential to support faster economic recovery and strengthen resilience against future crisis.

The World Bank country manager for Uganda, Tony Thompson said that the digital space in Uganda is very innovative and during this pandemic, it has quickly adapted to provide various solutions in various sectors.

He added that if the solutions are up-scaled and developed to their potential they would boost the digital economy in Uganda …