The International Telecommunications Union (ITU) on Wednesday appealed to the global community for collective action and collaboration against submarine cable disruptions and cuts that could slow down the growth and development of the digital economy in the world.

The Secretary General of ITU, Doreen Bogdan-Martin, said at the moment, the digital economy accounted for the greater parts of the world’s Gross Domestic Product (GDP), and it is expected to peak at 16.5 trillion dollars by 2028.

The ITU Secretary-General said global attention should be focused on measures that would sustain the spate of rapid developments in the digital economy sector with submarine cable connectivity accounting for 95 percent of its backbone.

https://thenationonlineng.net/global-digital-economy-to-hit-16-5-trillion-dollars-by-2028-says-itu-secretary-general/