On Wednesday, the World Bank expressed its vision to channel its intervention in “Global South” countries toward the economic inclusion of women and children in the global economy.
Its President, Ajay Banga, said this while addressing the press during the 2023 annual meetings of the bank and IMF in Marrakech, Morocco.
The global south is generally considered home to Brazil, India, Pakistan, Indonesia, and China, which, along with Nigeria and Mexico, are the largest southern states regarding land area and population.
According to Mr Banga, women constitute 50 per cent of the population.
“If they are not included, we cannot move forward with half of the population watching on the sidelines. Also, young people, when they are growing up, should have access to quality living, quality education, and a job afterward,” stated Mr Banga. “It is important to turn that demographic dividend into a real dividend for the global south.”
He explained that the issue of women and young people…