Ministry of International Cooperation launches IFC New Advisory Program to Help Boost Women’s Employment in Egypt – Egypttoday

  • Date: 22-Jul-2020
  • Source: Egypt Today
  • Sector:Economy
  • Country:Egypt
  • Who else needs to know?

Ministry of International Cooperation launches IFC New Advisory Program to Help Boost Women’s Employment in Egypt – Egypttoday

"The participation of women is macro-critical, it is no longer lip service“. Dr. Rania Al Mashat

CAIRO - 22 July 2020: The Minister of International Cooperation H.E. Dr. Rania Al-Mashat announced the launching of a new 3-year advisory program by the International Financial Corporation (IFC) to increase opportunities for women employment in Egypt. 

The main objective of the program will be to further encourage private sector companies to better engage women in the labor market, which is essential to boost economic growth.  "The participation of women is macro -critical, it is no longer lip service, all stakeholders from the public and private sector as well as IFIs are coming together to progress towards gender parity, as we see its quantifiable impact on GDP, productivity and as a catalyst to push the United Nations Sustainable Development Goals forward,“ stated Al-Mashat.

The program would work on fostering more flexible workplaces for women to help Egyptian businesses become more resilient and inclusive, especially in times of crises, thereby boosting economic growth. Dr. Al-Mashat stressed that pushing the gender agenda through multilateralism is of top priority for the Government of Egypt "We are proud that Egypt is the first country in the Middle East