Australia & IFC partner with businesses to support better jobs for women

On 6 April 2017, Australia’s Minister for International Development and the Pacific, Senator the Hon Concetta Fierravanti-Wells and Mary Porter Peschka, Director Advisory Solutions at the International Finance Corporation (IFC), a member of the World Bank Group, launched ‘Women in Work’ at Australia House. The ‘Women in Work’ program is a four-year, 1.7 billion rupee investment, funded by the Australian Government that provides businesses with new tools and strategies to create jobs and business opportunities for women in Sri Lanka. “Supporting firms to create more and better jobs for women, including in leadership, has the potential to increase profits and drive economic growth to the benefit of all Sri Lankans. Utilising the full potential and talents of Sri Lankan women also reduces social inequality,” said Minister Fierravanti-Wells. “‘Women in Work’ will establish a coalition of businesses that engage and retain talented women. The program also supports better access to financial services.
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” said Ms Porter Peschka, IFC. ‘Women in Work’ will be delivered through a collaboration between IFC and the private sector and will focus on demonstrating that corporate performance can improve from closing gaps between men and women in the private sector.