MPED reviews World Bank’s newest report’s views on Egypt

The Women, Business Activities and Law Report by the World Bank Group 2020 highlights Egypt's positive steps in the field of women's health care and safety

By: Business Today Egypt

Thu, Mar. 11, 2021

Egypt’s economy and reforms continue to receive praise according to the Ministry of Planning and Economic Development continued review of international institutions and performance reports’ views on the economic situation in Egypt.

Among the reports was the Women, Business Activities and Law Report issued by the World Bank Group 2020, which highlights and praises Egypt's positive steps in the field of women's health care and safety.

The bank mentioned in its report that Egypt scored 54 points out of 222 in the WBL Index, which monitors laws and regulations in 8 areas that affect women's economic opportunities in 292 countries during the period from September 2019 to October 2020.

It also highlighted that Egypt recorded the highest point in the pension’s index by 100 points, followed by the entrepreneurship and work environment index by 75 points.

The report points out initiatives such as "Our Mental Health is a Priority" with UN Women and the "Gender Gap Catalyst."

The "Our Mental Health is a Priority" initiative includes a group of psychologists and psychological institutions that support women and millions of families that have suffered psychological pressures and trauma due to the pandemic.

In its report, the bank also indicated that Egypt, in partnership with the World Economic Forum, launched the implementation plan for a catalyst for bridging the gender gap, becoming the first country in Africa, the Middle East, and North Africa region to launch this platform that aims to enhance joint efforts between the government and private sectors, civil society, and international partners.

According to the Ministry of Planning and Economic Development, the World Bank stated in its report that countries of the world seek to achieve greater gender equality, but women around the world still face laws and regulations that restrict economic opportunities that can arise for them, as the Coronavirus pandemic creates challenges threatening her health, safety, and economic security.

“Among the most important features of the implementation measures targeted to be applied within the ‘Gender Gap Catalyst’, according to the World Bank report, is to support the representation of women in boards of directors and to assume leadership positions, and to work on adopting policies that would alleviate the challenges that women face in balancing their work with the responsibility of caring for children,” wrote the ministry’s report.