Lagarde: bring gender gap reduction target forward

DANIEL BACKHAUS

Christine Lagarde has criticised the G20 for taking a soft touch approach to closing the gender gap.

The Managing Director of the International Monetary Fund generally praised the outcome of the G20, but took aim at the delegations’ target of reducing the gender gap in labor market participation by 25 per cent by 2025.

“I was particularly pleased to see in the communique a special commitment for women,” Ms Lagarde said.

“That’s a long time away and I very much hope that this 2025 (target) is reduced and brought forward, so that this gap can be reduced more promptly and more jobs can be created for women.”

Lagarde also addressed the major themes of climate change and the Ebola crisis as ‘macro-critical’ to the IMF and the global economy moving forward.

IMF Managing Director wrapping up the G20 weekend. Photo: Amy Mitchell-Whittington
IMF Managing Director wrapping up the G20 weekend. Photo: Amy Mitchell-Whittington

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