Saudi Arabia named Top Reformer in World Bank’s 2020 report
The World Bank’s Women, Business and the Law report shows that Saudi Arabia has transformed the lives of women
The Kingdom of Saudi Arabia has been ranked the Top Reformer and the Top Improver among 190 countries in the World Bank’s Women, Business and the Law (WBL) 2020 report, achieving a score of 70.6 out of 100.
The report, which places Saudi Arabia first among GCC countries and second in the Arab world, shows that the kingdom has improved in 6 out of 8 indicators, including mobility, workplace, marriage, parenthood, entrepreneurship, and pension.
The kingdom has taken up a package of legislative reforms, including 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.
The kingdom has now become a global benchmark in four of these indicators, which also highlight areas of reform: women’s mobility, workplace, entrepreneurship, and pension.
According to the state-run Saudi Press Agency, the kingdom has transformed the lives of women by enhancing their economic participation, which in turn has strengthened the nation’s global competitiveness.
Commenting on the achievements, the World Bank’s regional director for the GCC, Issam Abu Sulaiman, said: “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.”