COVID-19: Making the case for robust digital financial infrastructure

It has been a tough 2020 and it seems that with the new year, 2021, there is still a lot to do before we can go back to ‘normality’. Governments around the world have spent enormous amounts of money during the Covid-19 crisis, reaching a total sum of $11.7 trillion. According to McKinsey, this pandemic has been a “real-life stress test for the financial infrastructure in many countries” and in fact has taught everyone a great lesson regarding “how to enhance efficiency and resilience for the future” (McKinsey, 2021). - Peter M. & Lena B.

https://www.mckinsey.com/industries/financial-services/our-insights/covid-19-making-the-case-for-robust-digital-financial-infrastructure?cid=other-eml-alt-mgi-mck&hdpid=2675c7b0-529f-411c-84cb-8ff7de35d932&hctky=2370637&hlkid=dd293b9381054aada0c71d006bbee14d

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