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High Cost of Doing Business is Limiting Pakistan s Competitiveness: ADB Director

Closing gender gap to boost Pakistan s GDP by 30pc: ADB

Business March 4, 2021 KARACHI: Pakistan could raise GDP by as much as 30 percent if it can close the gender gap, ADB Country Director for Pakistan Xiaohong Yang said while expressing support to women’s economic empowerment, quality opportunities for social advancement, and resilience to external shocks. “ADB will aim to increase women’s access to financial services and raise their skills and education levels – increasing their access to higher-skilled and waged employment such as the ICT sector, and bolster social protection programs, where women are the primary beneficiaries,” Yang said in a question-and-answer roundup. “ADB will prioritise interventions to cut women’s time poverty and drudgery by improving their access to modern technology, particularly in the agriculture sector, connecting them to affordable and reliable energy, and contributing convenient water supply and sanitation solutions.”

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