Digitaleconomy

The International Mobile Communication System Association announced that if the mobile payment system is widely used in Ethiopia, the country's GDP will increase by 5.3 billion dollar. This will happen by the end of 2030 if 60 per cent of the country's population uses the mobile payment system, the association said.  The organization also indicated that it would lift 700,000 people out of extreme poverty and increase tax revenue by 300 million dollar. However, there is relatively 99 per cent network coverage in Ethiopia;  Unreliability of network quality, lack of understanding of the digital system, the question of trust and…