International Engagement

Patricia Ferguson Excerpts
Monday 28th October 2024

(3 days, 14 hours ago)

Commons Chamber
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Patricia Ferguson Portrait Patricia Ferguson (Glasgow West) (Lab)
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I very much welcome my right hon. Friend’s statement this afternoon. Does she agree that the best path to global growth and prosperity is one that includes women and girls? Will she set out how the Government and the World Bank intend to achieve that?

Anneliese Dodds Portrait Anneliese Dodds
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I am grateful to my hon. Friend for raising that important subject. Globally, an enormous amount of growth could be unlocked by increasing women’s economic opportunities. The World Bank has estimated that about 20% could be added to global GDP if women were able to work more and their pay was more reflective of men’s pay. The UK Government have been working closely on this issue with many partners, including the World Bank. We are very pleased to be seeing progress, particularly around supporting women entrepreneurs and ensuring that women’s economic empowerment is viewed as the ticket to progress and prosperity that it so often can be.