The financial impact of COVID-19 has been hitting the poor. Governments are adjusting cash transfer programs and utilizing national payment systems to mitigate these negative impacts. This blog reviews responses from Latin America, Asia and Sub Saharan Africa where governments with limited resources are coming up with innovative solutions to the crisis.
The COVID-19 pandemic has underlined the need for a universal and portable social protection system that can uniquely verify people and deliver benefits efficiently and at scale.
This event will highlight the opportunities and challenges of using COVID-19 financial transfers to individuals and MSMEs to build better digital payments infrastructure