ABS-CBN
‘Smart economics’: Marcos Jr. urges APEC leaders to close gender pay gap for sustained growth
President Ferdinand "Bongbong" Marcos Jr. stated at the APEC Economic Leaders' Meeting that closing the gender gap is "smart economics" and a crucial investment for sustained global growth.
He emphasized that empowering women's full participation in the economy could potentially add $28 trillion to the global GDP.
Marcos Jr. highlighted that the Philippines ranks 20th out of 148 economies in the World Economic Forum's gender gap index as of 2025.
As of June 2025, the Philippines has closed its gender gap by 78.1 percent, making it one of the top performers in Asia-Pacific.
The President encouraged actions aimed at alleviating gender pay gaps and ensuring women's complete economic involvement.
He also underscored the importance of developing sustainable digital infrastructure, a future-ready workforce, and open digital trade rules to foster a robust cross-border digital economy.
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