World Bank Unveils Strategy to Make Internet More Affordable

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The World Bank has unveiled a new strategy to expand internet access, improve digital connectivity and make digital services more affordable in developing countries.

The strategy aims to help developing economies create jobs, improve access to technology and use digital services to address economic challenges.

“Digital technology can help countries create jobs and make scarce resources go further,” World Bank President Ajay Banga said in a statement.

“Realising that potential requires a comprehensive approach — from reliable connectivity and affordable devices to digital skills and useful services,” he added.

The Washington-based institution said developing countries face mounting pressure from limited resources and growing demand for employment.

It projected that 1.2 billion people in developing countries would reach working age over the next 10 to 15 years, while their economies would create only about 420 million jobs.

The strategy seeks to address the digital divide by supporting connectivity infrastructure and reducing the cost of entry-level smartphones and broadband services.

It also aims to expand access to digital services and explore targeted applications of artificial intelligence.

The World Bank said only 23 per cent of people in low-income countries use the internet, compared with 94 per cent in high-income countries.

The disparity highlights the challenges developing countries face in accessing digital technology and benefiting from its economic opportunities.

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