Global Economic Growth: IMF Advocates More Women in Active Work

The International Monetary Funds (IMF) has said to revive economies, narrowing the gap between the share of  men and women work is very important

According to the IMF report, only 47% of women are active in today’s labour markets, compared with 72% of men.

“We estimate that emerging and developing economies could boost gross domestic product by about 8 percent over the next few years by raising the rate of female labour force participation by 5.9 percentage points” IMF blog reads.

According to World Bank Gender recent data Portal, Nigeria, the labour force participation rate among females is 52.2% and among males is 65.9%.

“Since 1990, female labour force participation has decreased. Compared with labour force participation in the lower middle income group, the gap between men and women is lower in Nigeria”

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