{"id":3177,"date":"2020-02-17T14:45:00","date_gmt":"2020-02-17T10:45:00","guid":{"rendered":"http:\/\/104.152.168.11\/~globalwomens\/?p=3177"},"modified":"2020-03-10T13:13:57","modified_gmt":"2020-03-10T09:13:57","slug":"speakers-at-gwfd-2020-emphasise-importance-of-allocating-budget-for-gender-balance","status":"publish","type":"post","link":"https:\/\/globalwomensforumdubai.com\/2020\/media-centre\/speakers-at-gwfd-2020-emphasise-importance-of-allocating-budget-for-gender-balance\/","title":{"rendered":"Speakers at GWFD 2020 emphasise importance of allocating budget for gender balance"},"content":{"rendered":"\n<p><strong>Zohra Khan:<\/strong><strong> <\/strong><em>\u201cAchieving gender balance\nand parity is the appropriate approach to the best use of women\u2019s capabilities in\ndriving economic growth.\u201d<\/em><strong>&nbsp; <\/strong><em><\/em><\/p>\n\n\n\n<p><strong>Dubai, UAE, <\/strong><strong>17<\/strong><strong>\nFebruary 2020<\/strong>:\nParticipants in the Economy Hub session, \u2018Gender Responsive Budgeting\u2019 at\nGlobal Women\u2019s Forum Dubai (GWFD) 2020 emphasised the importance of allocating\nbudget for gender balance to enhance the role of women as key partners in economic\ndevelopment. The session took place during the second day of GWFD, held under\nthe theme, \u2018The Power of Influence\u2019.<\/p>\n\n\n\n<p>The session was moderated by <strong>Nour El Chedrawi<\/strong>,\nLead Projects Executive \u2013 Federal Competitiveness &amp; Statistics Authority \u2013\nUAE and featured both <strong>Zohra Khan<\/strong>, Global Policy Advisor, Governance\n&amp; National Planning UN Women, and <strong>Stefania Fabrizio<\/strong>, Deputy Unit\nChief, Strategy, Police and Review Department, IMF, as speakers.<\/p>\n\n\n\n<p>Stefania Fabrizio discussed the IMF\u2019s report for\n2019. The report indicates that half of the world&#8217;s working-age population are\nwomen, 50% of whom are in business sectors, compared to 80% of men. The report\nestimates a loss of wealth due to the gender gap of 10% of GDP in advanced\neconomies, and over 30% in the MENA region. <\/p>\n\n\n\n<p>Stefania also highlighted the importance of enhancing\nthe engagement of women in the workforce, particularly in developed countries,\nwhich face a gender gap in education. She said investing in education within\ndeveloped countries and providing the required infrastructure for the\nempowerment of women will have a positive impact on economic development.\nStefania also discussed the significant amount of time women spend bringing\nwater to their families in developing countries, which could be utilised in employment\nto create financial returns for women, their families, communities and the\nwider economy.<\/p>\n\n\n\n<p>Zohra Khan touched on reports issued by the\nUnited Nations, which confirm that enhanced access to education for women has\nnot necessarily translated into the desired shift in terms of achieving gender balance\nand equal employment opportunities in developing and developed countries. She\nhighlighted that women are still underrepresented in leadership and\ndecision-making positions. <\/p>\n\n\n\n<p>Women hold only 27% of leadership positions in\ngovernment entities, companies and large corporations worldwide. Khan stressed\nthe important role of ministries of finance in implementing financial policies\nand sustainable budgets that support efforts to achieve gender balance. Khan\nalso highlighted the successful financial policies that are implemented by ministries\nof finance in Albania, Korea and Uganda, to enhance equality. <\/p>\n\n\n\n<p>Global Women\u2019s Forum Dubai 2020 was held at the Madinat Jumeirah in\nDubai, UAE, under the patronage of <strong>His Highness Sheikh Mohammed bin Rashid\nAl Maktoum<\/strong>, Vice President and Prime Minister of the United Arab Emirates,\nand Ruler of Dubai. <\/p>\n\n\n\n<p>The Forum was organised by <strong>Dubai Women Establishment<\/strong>,\nwhich is led by Her Highness Sheikha\nManal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance\nCouncil and wife of HH Sheikh Mansour bin Zayed Al Nahyan, UAE Deputy Prime\nMinister and Minister of Presidential Affairs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zohra Khan: \u201cAchieving gender balance and parity is the appropriate approach to the best use of women\u2019s capabilities in driving economic growth.\u201d&nbsp; Dubai, UAE, 17 February 2020: Participants in the Economy Hub session, \u2018Gender Responsive Budgeting\u2019 at Global Women\u2019s Forum Dubai (GWFD) 2020 emphasised the importance of allocating budget for gender balance to enhance the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,68],"tags":[],"class_list":["post-3177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-centre","category-media-centre-mobile"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - 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