Womenomics is not just a good social move, it is also good for business: $12 trillion could be added to the global GDP by 2025 by advancing women’s equality. At the global level, women currently represent 38.8% of the global labour force, and just 20% in Pakistan. For Womenomics to become a reality in Pakistan, both traditional and emerging occupational barriers need to be structurally and systemically addressed. Of late, a number of efforts have been made to promote women’s financial inclusion in the country. More research and development are needed on exploring the linkages between innovation, growth, and women’s economic participation to demonstrate their direct contribution to the national GDP.

Source: The Express Tribune March 12, 2021 04:14 UTC