GEORGE TOWN: Budget 2020 will focus on women’s participation in the employment sector, says Lim Guan Eng (pic).
The Finance Minister said one of the issues that would be addressed in the new Budget would be the shortage of women in the workforce.
“Based on the statistics, only 56% are women while 80% of men are currently employed.
“It is important to improve women’s participation and create more job opportunities for them.
“More women participation in the workforce will be good and beneficial for the country because it is something that can further boost productivity, ” he said at a press conference in Mount Miriam Cancer Hospital in Tanjung Tokong yesterday.
Lim said another focus was to see the unemployment rate go down.
“We want to reduce unemployment among youths and graduates, and increase productivity, ” he said.
Lim added that it was also incumbent upon the private sector to play a greater role in the economic development.
“If we want Malaysia to achieve a developed nation status, it has to be led by the private sector. The private sector is more efficient and productive, ” he said.
Lim is scheduled to table Budget 2020 in Parliament on Oct 11.
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