Rubina Amjad, President of the Faisalabad Women Chamber of Commerce & Industry (FWCCI), stressed the importance of including women entrepreneurs in policymaking and reforms at the government level during the FWCCI Women Entrepreneurs Conference held in Faisalabad. Highlighting the underrepresentation of women in economic activities, especially in comparison to other South Asian countries, Amjad pointed out that women’s participation in Pakistan is significantly lower, with women-led businesses making up only 1% of the total compared to male-led businesses and about 9% in the economic sector.
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The conference, which aimed at advocating for active participation in policymaking and reforms, saw the attendance of presidents of various women chambers of commerce, policymakers, business leaders, and members of the FWCCI. Amjad called for the government and policymakers to prioritize “Women Financing,” suggesting a credit guarantee by the government to facilitate easier access to finance for women entrepreneurs without the stringent requirements for collaterals and securities typically demanded by banks.
An interactive session led by Qurrat-ul-Ain, the newly-elected Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), allowed for inputs from presidents across the country on the growth of women entrepreneurship and their more active role in policymaking and reforms. The conference also served as a platform for the presentation of the women manifesto of the United Business Group, highlighting the need for unity and concerted efforts to develop women entrepreneurship and their participation in policymaking at the government level.
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The conference concluded with affirmations of support for the implementation of strategies discussed towards enhancing the role of women in Pakistan’s economy. Notable attendees and speakers, including former president FPCCI & FCCI Mian Muhammad Adrees, praised the efforts of the FWCCI for organizing the event and highlighted the necessity of utilizing existing platforms to bolster women’s productive role in the mainstream economy. Shields were presented to all women presidents, policymakers, and distinguished participants, marking the event’s success and the collective commitment to advancing women’s entrepreneurship in Pakistan.