Women are at the forefront of working for development and a far better future

Women are at the forefront of working for development and a far better future

Women are at the forefront of working
 for development and a far better future

  Increasing the empowerment of girls is an important for MENA countries.  Of the region's 450 million people, nearly two-thirds of that number, or about 300 million people, are under the age of thirty-five.  Unfortunately, these massive human resources are largely "untapped", and about 80% of girls don't participate within the workforce.

  Indeed, the value of excluding them is gigantic.  It should be noted that ladies earn but one fifth of the gross domestic product within the region, which is a smaller amount than half the typical rate that ladies achieve within the remainder of the planet.  

The result, consistent with the Organization for Economic Cooperation and Development, is that the MENA region loses approximately $ 575 billion annually.

  Helping countries within the region achieve their economic potential by empowering women may be a high priority for the planet Bank.  

In 2019, the bank expanded its regional strategy to focus on more and better economic opportunities for ladies, especially young women.  

Through the Bank's advocacy, project financing and technical assistance activities, it provides assistance to countries in opening markets in order that women entrepreneurs can compete on an equal basis; 

 Prioritizing the event of skills needed within the twenty-first century inside and out of doors the classroom;  and increasing broadband Internet access And new technologies to support MENA countries ’transition to knowledge-based economies.

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The reality is that we are witnessing some concrete and important results

  In Egypt, the Takaful and Karama Cash Transfer Program - which started in 2015 with support from the planet Bank - covered 2.26 million households.  

Women represent nearly 90% of the program's beneficiaries, with beneficiaries receiving prepaid smart cards that enhance women's financial inclusion and their ability to form financial decisions while improving household consumption.

  In Jordan, the second program funding for development policies for equitable growth and job creation supports the removal of legal restrictions on women's work by introducing amendments to laws that affect women's ability to settle on types and hours of labor, and addressing harassment publicly transport and therefore  the workplace.

  In Yemen, the emergency electricity provision project helps mitigate the disproportionate impact of a scarcity of energy access to women while also supporting women's financial inclusion.  Thousands of girls are being assisted to get new or improved electricity services, while efforts are continuing to expand the accounts of girls who haven't had access to banks.

  The countries of the MENA region are making serious efforts, as was recently attested by the planet Bank's Women and Business Activities Index and therefore the Law issued by the year 2020, where six of the ten countries topped the performance list from the MENA region.

 And  That they are making changes like equal wages between the sexes, representing women on corporate boards, protecting women from discrimination employed, and preventing employers from firing women during pregnancy and maternity leave.

  More work must be done over the approaching months and years to make sure these legal changes become behavioral changes. 

 The economic effects of labor are as great because the importance of girls of working age today within the region, paving the way for women (and boys) within the region to get older enjoying equal opportunities and giving opinions and hope.

Source: websites

D. Med