First Business News Portal in English from Nepal
KATHMANDU: IFC, a member of the World Bank Group, joined the Nepal Stock Exchange (NEPSE) for the first time to ‘Ring the Bell for Gender Equality’ with the intention to raise awareness for gender equality.
The annual global event highlights how women’s participation in the economy can spur sustainable private sector development.
The event comes at a critical moment, as the economic and social consequences of COVID-19 continue to disproportionally impact women — who make up 39 percent of global employment but account for 54 percent of the overall job losses due to the pandemic.
“We are pleased to join hands with IFC and UN Global Compact Nepal for our first ‘Ring the Bell for Gender Equality event’,” said Laxman Neupane, PhD, Chairman of NEPSE. “Together with more than 100 stock exchanges around the world, we are excited to take part in the call to action for gender equality. Fostering greater participation of women in our workforce, economy, and capital market is not just the right thing to do – it also makes strong economic sense.”
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