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



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After good progress on financial inclusion, Senegal is banking on the digitization of payments to accelerate growth and inclusive development. 104 billion FCFA additional to the GDP, this figure emanates from the new report presented, this Tuesday November 28, 2018 to the Primature, during a ceremony placed under the high patronage of the President of the Republic and chaired by the Prime Minister of Senegal. The event brought together representatives of the international community, governments, private sector actors and regulators. The study, under the auspices of the government, was carried out for Senegal with the support of the United Nations, including the Better Than Cash Alliance and the MM4P program of the United Nations Investment Agency. United States (UNCDF). Mr. Mahammed Dionne, Prime Minister of Senegal, says: "Improved collaboration of the private and public sectors around the digitization of payments would mobilize more resources, increase business productivity, strengthen financial inclusion and win an annual contribution of 104 billion CFA francs to the GDP of our country. All this contributes to the realization of the Head of State's vision for an inclusive Senegal, in addition to being part of common issues with the other WAEMU countries. According to the Minister in charge of the UNDUC, Mr Souleymane Jules DIOP, coordinator of the project "the fact of not digitizing the means of payment, but also not to digitize all the financial transactions that take place within the State, was wasting time and wasting resources and resources "


Wednesday, November 28, 2018



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