Regional Economic Outlook for Sub-Saharan Africa, October 2024

Regional Economic Outlook for Sub-Saharan Africa, October 2024

Leveling the Playing Field: Gender Equality and Economic Development in Sub-Saharan Africa

Sub-Saharan Africa has made significant strides in reducing gender inequality over the past two decades, yet challenges remain. Despite improvements in labor force participation and political representation, gaps persist in education, health, and access to financial resources. Legal barriers and harmful practices like child marriage and gender-based violence limit women’s opportunities, restricting their economic empowerment. Addressing these issues is crucial for boosting productivity and fostering inclusive growth in the region. Policy recommendations emphasize legal reforms, improving educational access, and fostering financial inclusion. Empowering women can drive economic diversification and reduce poverty, creating a more resilient and dynamic workforce that supports long-term economic stability in Sub-Saharan Africa.

Source link : https://www.imf.org/en/Publications/REO/SSA/Issues/2024/10/25/regional-economic-outlook-for-sub-saharan-africa-october-2024

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Publish date : 2024-10-26 06:38:05

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