Leading International Financial Institutions Highlight Gender Equality

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Last updated at: (Beijing Time) Saturday, March 08, 2003

Leading International Financial Institutions Highlight Gender Equality

Leading international financial institutions on Friday affirmed the importance of promoting gender equality and enabling women for achieving the millennium development goals.

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Leading international financial institutions on Friday affirmed the importance of promoting gender equality and enabling women for achieving the millennium development goals.

Just one day ahead of the International Women's Day, World Bank(WB) President James D. Wolfensohn, International Monetary Fund (IMF) chief Horst Koehler and other heads of multilateral development banks jointly issued a statement, saying gender equality is important concerning many world social and economic issues.

"Gender equality is not only a goal in its own right, but is important for reducing poverty and hunger, ensuring education for all, reducing child mortality, promoting maternal health, combating HIV/AIDS, malaria and other diseases, and ensuring environmental sustainability," said the statement.

"Research and on-the-ground experience show that providing females and males with equal access to capacity, resources, opportunities and voice increases productivity, accelerates economic growth, makes poverty reduction more achievable, and improves the well-being of children, women and men."

The statement also said that research and experience show that a more gender-balanced workplace contributes to the diversity of approaches to problems.

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