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00:04 Magandan Arau Salahat.

00:07 At the World Bank,

00:08 we keep gender equality front and center in our world every day.

00:13 In the Philippines,

00:14 one of our focus areas is to help increase

00:17 the proportion of women participating in the labor force.

00:21 Compared to its neighbors in East Asia,

00:23 indeed,

00:24 women labor participation is low in the Philippines.

00:28 More broadly,

00:29 increasing women's economic empowerment is not only

00:33 the right thing to do.

00:34 It's also smart economics.

00:37 There's a direct link between women participation

00:40 in the labor force and economic growth.

00:42 If women are participating in larger numbers in the economy,

00:47 They help improve society's well-being now

00:51 and in the future.

00:52 And make policies and executions more inclusive.

00:58 Women's leadership,

01:00 gender-based vulnerabilities,

01:03 and education

01:04 are additional priorities for our work.

01:09 COVID-19 pandemic has exacerbated the risk for women.

01:14 And is really threatening gains on gender equality.

01:19 We see that in trade,

01:21 hospitality,

01:23 and manufacturing sectors,

01:25 a large share of women than men

01:27 have lost their jobs during the pandemic.

01:30 Also,

01:31 women are more likely than men to stop

01:34 working during the pandemic due to caregiving responsibilities.

01:39 But the pandemic has also highlighted some of the solutions to these gaps,

01:44 including

01:45 well-functioning social protection systems,

01:48 good childcare services,

01:50 and a regulatory framework for flexible work arrangements.

01:54 The crisis has also highlighted

01:57 the leadership and skills of women and girls

02:00 standing in the front lines

02:02 as healthcare workers,

02:04 caregivers,

02:06 innovators,

02:07 employers,

02:08 and community organizers

02:10 leading and mobilizing networks

02:13 to effectively reach people in need.

02:16 We join the rest of the world in celebrating

02:19 women

02:20 in this month of March.

02:23 I congratulate the Philippines on

02:25 its achievement toward promoting gender equality

02:28 and its consistent ambition

02:30 to continue improving on this very important agenda.

02:35 Much more work is needed.

02:37 And on this,

02:39 I'm very pleased to take this opportunity to share with you a paper summarizing

02:44 the way in which the World Bank continues to support the Philippines'

02:49 push forward gender equality.

02:53 Mabuhai

02:54 and Kababayehang,

02:55 Filipino.

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Magandan Arau Salahat. At the World Bank, we keep gender equality front and center in our world every day. In the Philippines, one of our focus areas is to help increase the proportion of women participating in the labor force. Compared to its neighbors in East Asia, indeed, women labor participation is low in the Philippines. More broadly, increasing women's economic empowerment is not only the right thing to do. It's also smart economics. There's a direct link between women participation in the labor force and economic growth. If women are participating in larger numbers in the economy, They help improve society's well-being now and in the future. And make policies and executions more inclusive. Women's leadership, gender-based vulnerabilities, and education are additional priorities for our work. COVID-19 pandemic has exacerbated the risk for women. And is really threatening gains on gender equality. We see that in trade, hospitality, and manufacturing sectors, a large share of women than men have lost their jobs during the pandemic. Also, women are more likely than men to stop working during the pandemic due to caregiving responsibilities. But the pandemic has also highlighted some of the solutions to these gaps, including well-functioning social protection systems, good childcare services, and a regulatory framework for flexible work arrangements. The crisis has also highlighted the leadership and skills of women and girls standing in the front lines as healthcare workers, caregivers, innovators, employers, and community organizers leading and mobilizing networks to effectively reach people in need. We join the rest of the world in celebrating women in this month of March. I congratulate the Philippines on its achievement toward promoting gender equality and its consistent ambition to continue improving on this very important agenda. Much more work is needed. And on this, I'm very pleased to take this opportunity to share with you a paper summarizing the way in which the World Bank continues to support the Philippines' push forward gender equality. Mabuhai and Kababayehang, Filipino.
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ph country gender action plan fy20 24 ndiame diop
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Aside from being a health and economic crisis, the COVID-19 pandemic threatens gains on gender equality. In Philippines, we see that in trade, manufacturing and the public sector, a larger share of women than men have lost their jobs during the pandemic. Read about how the World Bank supports the Philippines reduce inequalities between men and women, boys and girls in the Country Gender Action Plan (FY20-24) here: http://bit.ly/PhCGAPFY20
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