IMF calls for protecting women’s economic opportunities

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Xinhua :
The International Monetary Fund (IMF) has urged the policymakers to take effective steps to limit the coronavirus pandemic’s scarring effects on women.
Citing that COVID-19 pandemic threatens to roll back gains in women’s economic opportunities and widen gender gaps, the IMF came up with the call on Tuesday.
COVID-19 has “disproportionate” effects on women and their economic status, according to a newly-released IMF blog, co-authored by IMF Managing Director Kristalina Georgieva, and Stefania Fabrizio, Cheng Hoon Lim and Marina M Tavares.
The blog highlighted several factors that resulted in the disproportionate effects: first, women are more likely than men to work in social sectors-such as services industries, retail, tourism, and hospitality-that require face-to-face interactions, the authors said, noting that these sectors are hit hardest by social distancing and mitigation measures.
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