The Status of E‐finance in Developing Countries

The purpose of this commentary is to identify some impediments that affect successful implementation of e‐finance initiatives in developing countries. These impediments are not adequately addressed in the UNCTAD 2002 report. We need to overcome these to be able to move forward with implementing e‐finance related initiatives in developing countries. It is hoped that by implementing e‐finance initiatives, we will be able to achieve the United Nations Millennium Development Goal.