The World Bank introduces a new plan to increase women's economic chances

The World Bank announced a new gender strategy on Thursday designed to enhance economic opportunities for women and promote their involvement in the global economy through improved social protection, access to broadband, and capital.

The Gender Strategy 2024-2030, revealed during the annual meetings of the International Monetary Fund and the World Bank in Washington, aims to enable an additional 300 million women to access broadband internet by 2030. This access will unlock vital services, including financial assistance, education, and employment opportunities.

Additionally, the strategy seeks to support 250 million women through social protection programs that focus on the most impoverished and vulnerable populations. It also aims to provide capital to 80 million more women and women-led businesses, addressing barriers to entrepreneurial growth.

World Bank President Ajay Banga stated, "Increasing women's economic participation not only enhances the global economy but also fortifies families and communities. By empowering women economically, we are creating pathways out of poverty and extending hope and dignity to as many people as possible."

Paraphrasing text from "Reuters" all rights reserved by the original author.