WEF expands program to make third-world countries cashless

The World Economic Forum (WEF) is patting itself on the back for its role in moving more countries away from cash in the name of “digital inclusion.” 

WEF expands program to make third-world countries cashless

An update from the unelected organization states that its “global initiative” launched last year has grown from three partner countries to six. 

“The EDISON Alliance, a global initiative launched by the World Economic Forum to advance digital inclusion and accessibility, announced today the integration of Honduras, Togo and the United Arab Emirates as partners in its Lighthouse Countries Network,” the WEF stated on Monday.

The three countries now join Bahrain, Bangladesh, and Rwanda in the WEF’s digital project.

“Our founding Lighthouse Countries, such as Rwanda, are utilizing EDISON’s partners to move toward a cashless society,” said the WEF’s head of the Fourth Industrial Revolution, Sebastian Buckup.  

Small businesses in the partner countries are being encouraged to move away from cash and instead become dependent on loans, digital payment solutions, and “micro-credit opportunities” from Mastercard. 

The WEF further said the cashless initiative is particularly beneficial for poor countries where millions of citizens lack internet access. 

Klaus Schwab’s WEF is currently holding its Sustainable Development Impact Meetings in New York City, which are held in parallel with the UN General Assembly.

Prime Minister Justin Trudeau will depart for New York on Tuesday to attend the closing session of the Sustainable Development Global Summit.

WEF-led Charter

Earlier this year, Conservative MP Leslyn Lewis revealed that the Trudeau Liberals signed into a WEF Charter that surrenders health and environmental authority to Davos. 

Lewis filed an inquiry to the Trudeau government in October 2022 and received responses in January.

In Lewis’ inquiry, she asked several questions related to the Canadian government’s involvement in the Agile Nations network — led by the WEF — that took place earlier in 2020.

The responses provided by Liberal MP Greg Fergus to Lewis indicate the Liberals are knee-deep into handing over sovereignty to the WEF. 

The word “digital” is seen 49 times in the document provided by Fergus to Lewis. Fergus said this globalist agreement would leverage a digital ID and “credentials” to facilitate whatever regulatory measures are established.

And in 2021, Canada partnered with the WEF on a $105 million project to develop a Known Traveler Digital ID.

Share this story

Donate now to keep us on the front lines:

Help Keep your News Free

It's crucial we stay in touch

Big Tech wants to censor us, that’s why you need to stay in touch.

[wpp limit=6 order_by='views']

YOU MIGHT ALSO LIKE THESE...

Trending News

The Liberals gave $9 million to a cricket factory two years ago to promote food alternatives to meat and dairy. Now, they’ve just laid off two-thirds of their staff.

Mike Campbell

November 14, 2024

Trending News

The Conservatives are set to propose legislation to counter the Liberals’ latest hate speech bill, including a provision to prohibit the use of digital IDs in enforcing online laws.

TCS Wire

September 13, 2024

Trending News

Lomborg dismantles several myths, such as the belief that “the world is burning because of climate change.”

TCS Wire

July 17, 2024

Trending News

The WEF has announced that $104 billion was syphoned out of the pockets of taxpayers globally via carbon taxes last year to pay for environmental schemes.

TCS Wire

June 5, 2024

Trending News

“You’re not going to have to worry about traffic because people won’t need a car,” Councillor Knack proclaimed.

Alexa Posa

May 29, 2024

Trending News

New data shows that 130 countries, representing 98% of the world’s total GDP, are now exploring central bank digital currencies (CBDCs).

TCS Wire

May 29, 2024

Want to join the conversation?

Sign up now to be able to like, comment and reply to other members. A full membership to our site includes:

We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services. You consent to our cookies if you continue to use our website.