Papua New Guinea’s digital identification, Digizen ID, could be key in bringing financial inclusion to the majority of its citizens who lack access because of a lack of a formal ID.
Around 80 per cent of Papua New Guineans lack ID documents and, for individuals, that means they are excluded from financial services and they are stuck in poverty,” said Digizen CEO Kimmo Koivisto at the Innovation PNG 2023 conference. Lack of a formal slows economic growth by limiting who can participate in the formal economy.
