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Minister Safadi: Women's economic empowerment now public policy
2-10-2019
In collaboration with UNDP and Senteurs d’orient, the minister of state for economic empowerment of women and youth, Violette Safadi launched yesterday the ‘Training & Mentoring Services to Strengthen Women Entrepreneurship’ project. The latter aims to encourage women to engage in business ventures through providing women entrepreneurs with the know-how and skills needed to boost their enterprises. The economic empowerment of women has become an integral part of state policy after it was decreed and introduced to the UN SDGs, Safadi said during the launch ceremony. When women become productive, they bring about harmony not only at home but also in society at large, the minister maintained. The minister further underlined the importance of the project which seeks to impart the story of success of one accomplished woman to others through provision of funds and support, pointing to a World Bank study on women’s participation in economic productivity in the Arab world. The said study showed that the women's participation rate of 29% in the labor market increases the GDP by 9%. The economic empowerment of women gives them the ability to engage effectively in decision-making, hence allowing them to contribute to a positive change at the level of laws and social norms, Safadi concluded.(NNA, October 1, 2019)
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