Minister of Industry, Investment and Commerce Audley Shaw says the Government is embarking on an initiative to facilitate the digitisation of over 25,000 business operations within the next three years.
“With the demand to go digital, especially given the current novel coronavirus pandemic, information technology-enabled services, logistics and digital transfers of goods and services are now commonplace,” Shaw noted. This undertaking is among several initiatives designed to support local entrepreneurs, particularly micro, small and medium enterprises (MSMEs), which are being pursued by the Administration.
The minister advised that this thrust comes against the background of a 4.4 per cent contraction projected for the global economy in 2020, adding that this, among other factors, necessitated the initiation of new strategies and programmes to bolster entrepreneurship and innovation.
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