President Dr Arif Alvi has urged the need to accelerate efforts for the economic empowerment of women and to bring them into the mainstream of the national economy, adding that the latest Information and Communication Technology tools could help in paving the way for women’s financial inclusion.
He expressed these views while addressing the 1st Business Women Excellence Awards, organized by the Islamabad Women Chamber of Commerce and Industry (IWCCI) to acknowledge and appreciate Pakistan’s successful women entrepreneurs, at Aiwan-e-Sadr.
The event was attended by the founder president of IWCCI, Samina Fazal, President IWCCI, Naima Ansari, members of IWCCI, women entrepreneurs, members of the diplomatic community and senior officials. Addressing the ceremony, the President urged the need to economically empower women by encouraging them to participate in economic activities, improving their access to credit and finance to start their own businesses, and improving their access to branchless banking services.
He said that he was a great proponent of utilizing Pakistan’s huge youth bulge by providing them with quality and skill-based education to enable them to contribute to national development. He said that women, along with youth, remained the largest untapped resource, which needed to be fully harnessed for Pakistan’s socio-economic development. The President highlighted that steps had been taken to enhance women’s access to financial services and the State Bank of Pakistan was providing business loans to women entrepreneurs, however, the number of women availing these loans was low.
He called upon the members of the chambers of commerce across the country to make their chambers gender-balanced with the proportional representation of women. He said that as they were the custodians of trade, business and investment, therefore, they should encourage their daughters and sisters and other relatives to come out of their homes and play an active role in running the business enterprises. President IWCCI, Ms Naima Ansari also addressed the occasion. She said that IWWCI was playing an active role in facilitating and encouraging women to start their own businesses besides helping them develop linkages with the business community.
The Founder President of IWCCI, Ms Samina Fazil, said that women entrepreneurs were contributing to national development by creating employment opportunities for others and paying taxes to the Government.
