Economy August 29, 2019 | 11:19 am

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Countries must invest more in information & telecom technology

Santo Domingo.- The GDP of the region’s countries would grow 1% if 10% were invested in telecommunications, said International Telecommunications Union (ITU) Americas director, Bruno Ramos, on Wed.

He said most countries currently invest around 7% or 8% and that’s proven that Information and Telecommunications Technology (ICT) is the basis of economic development.

Ramos, who together with vice president Margarita Cedeño, opened the ITU Regional Dialogue on the Economy of Telecommunications / ICT for Latin America and the Caribbean, said telecommunications will impact the productive and economic sector. “You must think about what public policies are necessary to face the challenges that come.”

“The Dominican Republic is well positioned at the telecommunications level, but in this as in all the countries of the region there are very large challenges in infrastructure investment and education for digital transformation.”

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