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IMF Women in Employment Inclusion: “Strengthen access to childcare services and after-school programs”

2024-02-24 12:34:38Biznes SHKRUAR NGA REDAKSIA VOX

IMF Women in Employment Inclusion: “Strengthen access to childcare

More targeted support and gender-sensitive policies can improve the labor market by increasing the participation of girls and women at all levels of education and reducing geographic disparities.

IMF staff calculations show that Albania spent only 0.7 percent of the 2022 budget on active labor market policies. In a recently published analysis, the International Monetary Fund states that similar figures are included in the 2024 draft budget, where gross expenditures for the labor market and Education and Vocational Training Policies are at the level of 0.09 percent of the 2024 budget.

In addition, policies addressing female labor force participation have had limited success, with only 1 percent of women participating in active labor market program activities.

According to the IMF, educational empowerment, as a mechanism on its own, cannot provide the necessary increase in female labor force participation or the reduction of the gender wage gap.

Therefore, Albania should strengthen the support system for children and the elderly through the expansion of institutional services, since the care needs in Albania are mainly met by women. This includes increasing access to childcare services and after-school programs.


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