As Pakistan vies for a stable place at the global economic forum, the formulation of the Special Investment Facilitation Council (SIFC) aims at augmenting local and domestic investor participation. The enterprise encompasses military and civil leadership to bring a ‘Single Window Interface’ spurring a viable fiscal future for Pakistan. Through the strands of agriculture, mining, IT, energy and defence, SIFC aims to formulate visions that are tangible and action-centred.
SIFC engages its investors regardless of social discrimination which means that female underrepresentation is a thing of the past. Pakistan boasts a 48% female populace with a female literacy rate of 46%. Regardless of the socio-traditional yokes, women often participate in the fiscal stability of their households by taking up jobs that are often undocumented and domestically catered. Be it stitching, housekeeping or catering, women are often seen at the forefront of these jobs. Unbeknownst to them, the lack of levies is not only detrimental to the economy of Pakistan but also to the everyday utilities that are directly affected by such a financial parity.
The rules of Womenomics are simple, all we need is a lucrative system of documented female participation in the economy, allowing for better jobs and bridging the gender employment gap which promises to raise Pakistan’s GDP per capita by 30%. Thus, through strategic collaboration and tailored solutions, SIFC facilitates innovation, efficiency, and growth across vital sectors, ensuring sustainable development and national security. The array of these sectors allows women from all walks of life to be involved and included. As the birth of Pakistan was nursed and nurtured by some of the leading women of the subcontinent, its economic rebirth now requires female contribution.
This month, Her focuses on female representation in the economy of Pakistan and how female-led endeavours have provided a financial continuum for the economy of Pakistan so far. Not only has their participation been quiet but also diverse, ensuring basic needs such as medicine and education to be digitally procured. The provision of co-working spaces, e-rozgar and technological facilities by SIFC gives the women of Pakistan hope for a brighter future and a chance to break the glass ceiling.
Amna Sikandar
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