Libya’s Fiscal Fiction
Fixing Libya’s economy will require undoing the racket, not cosmetic consensus Libya’s economy is in free fall, and
At a conference on women’s empowerment in Rabat during Women’s History Month, Chakib Benmoussa, Morocco’s High Commissioner for Planning, highlighted the significant economic potential of rural women. He said their inclusion in the economy could generate $2.5 billion, contributing approximately 2.2% to the country’s annual GDP, according to Morocco World News,
Despite this potential, rural women continue to face major barriers to economic participation. These include unpaid labor, restricted access to healthcare and education, and challenges in securing property rights and financial resources.
To address these issues, experts suggest measures such as reducing wage gaps, recognizing and valuing unpaid work, and investing in industries with high female participation.
One organization making strides in this area is the High Atlas Foundation. Since 2016, the NGO has supported 3,000 rural women through workshops designed to boost confidence and challenge limiting beliefs. According to Forbes, many participants have gone on to establish businesses producing handwoven rugs and baskets.
“Many of the women say their financial contributions have improved their relationships with their husbands,” said Fatima Zahra Laaribi, a Lead Empowerment Trainer at the foundation. “For example, they are now paying electricity bills and sending their children to school.”
Women’s economic empowerment is “essential for ensuring their full contribution to the national economy, strengthening family and community resilience, and promoting sustainable and equitable growth,” emphasized Myriem Noussairi, UN Women Representative in Morocco.
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