IMF adopts plan to better account for gender gaps

The International Monetary Fund (IMF) has established new policies to better include gender in its work in response to numerous worldwide crises that have disproportionately impacted women, the managing director of the global crisis lender said on Friday.

“I am most pleased and proud to announce that the Executive Board today approved the IMF’s first Gender Strategy aimed at integrating gender into the Fund’s core activities,” said Kristalina Georgieva in a statement.

The Washington-based agency, she said, would start putting the plan into action right away. Its objectives include making gender-disaggregated data more accessible and “establishing a rigorous framework to guarantee that macro-critical issues of gender are included in IMF country operations.”

“Successful implementation of this strategy will assist our member countries in achieving more inclusive and equitable economic growth and resilience,” said Georgieva.

“When women do well, countries do well.”

The economist Georgieva, a Bulgarian who has spent her career working in international development, continued, “Well-designed macroeconomic, structural, and financial policies may support efficient and inclusive outcomes and fairly benefit women, girls, and society in general.”

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