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Congrats, KSA Ranks As Top Reformer In World Bank's 2020 Report

Starting off the year on a high note, Saudi Arabia earned itself the title of top reformer among 190 economies in the World Bank’s Women, Business, and the Law 2020 report, with an impressive score of 70.6 out of 100.

KSA lands the first place among GCC countries and second place in the Arab world. Saudi Arabia has made outstanding improvements in six out of eight indicators measured by the report: mobility, workplace, marriage, parenthood, entrepreneurship, and pension.

 

 

Issam Abu Sulaiman, the World Bank’s Regional Director for GCC, lauded the Kingdom’s achievement: “Saudi Arabia basically has become one of the leaders in the Arab World in terms of women empowerment.”

“We expect that this will contribute tremendously to the realization of Vision 2030 when it comes to economic growth, diversification and women employment,” he added, according to the Saudi Press Agency.

 

 

 The Kingdom has proved that it’s a global benchmark in four areas of reform: women’s mobility, workplace, entrepreneurship and pension.

With the implementation of 12 legislative reforms in line with the 2030 Vision, Saudi Arabia enhanced women’s economic participation, and hence strengthened the Kingdom’s global competitiveness.

Some life-changing improvements for women in the Kingdom include: expanding women’s access to employment opportunities in new sectors of the economy, lifting restrictions on their mobility, ensuring their access to public services, guaranteeing equal pay and retirement benefits, and protecting them against harassment and discrimination.

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