Women empowerment essential for development: Iftikhar Malik

Author: APP

Former SAARC Chambers of Commerce and Industry President Iftikhar Ali Malik has said women’s participation in the workforce remains underutilised in South Asia, where social norms, inadequate support systems, and limited access to education and training prevent the majority from contributing economically.

In a statement issued here on Sunday, an octogenarian trade leader of South Asia said by addressing these barriers, the region could potentially boost its GDP significantly.

He said gender parity in employment could increase productivity, reduce poverty, and lead to better outcomes in health and education, ultimately contributing to more resilient societies. Providing women with equal access to opportunities and ensuring policies that support work-life balance, parental leave, and safe work environments can create an environment where both men and women thrive in the workforce.

By advancing in both these areas, South Asia can create a more inclusive and prosperous economy. Empowering women economically and fostering international trade and investment pave the way for sustainable growth, improved living standards, and progress toward regional development goals. With focused reforms, the region could unlock tremendous growth, benefiting not just economies but entire communities,he added.

Share
Leave a Comment

Recent Posts

  • Business

Digital divide could hinder economic growth, youth empowerment, experts warn

Experts have warned that the digital divide is endangering economic growth and youth empowerment. With…

53 seconds ago
  • Business

FBR launches crackdown on retailers and restaurants issuing manual receipts

The Federal Board of Revenue (FBR) has initiated a crackdown on retailers and restaurants issuing…

1 min ago
  • Business

High cost of doing business hurts trade, industry the most: BMP

The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has called for keeping…

1 min ago
  • Business

New Gwadar Int’l Airport to attract investment: Report

China-aided New Gwadar International Airport (NGIA) is set serve as strong transportation link to attract…

2 mins ago
  • Business

With 5.2m businesses, SMEs fostering employment, economic growth: PIAF

The Pakistan Industrial and Traders Associations Front (PIAF) chairman Faheemur Rehman Saigol has said that…

3 mins ago
  • Business

FFP to showcase entire range at Saudi International Halal Expo 2024

Family Food Products, a leading Pakistani company, will showcase its entire range of international standard…

3 mins ago