Development aid

Expert Voices

New programs are helping emerging markets businesses invest in women

Ivanka Trump seated next to Ethiopian President Sahle-Work Zewde
Ivanka Trump and Ethiopian President Sahle-Work Zewde. Photo: Eduardo Soteras/AFP/Getty Images

Efforts to bring more women into business, especially in emerging markets, are benefiting from new development funding and private sector initiatives.

Why it matters: When companies invest in women, they can see the benefits in their profits, employee productivity and communities, according to an International Finance Corporation report. Because women have often been excluded from the formal economy in emerging markets, that's where companies stand to gain the most.

Expert Voices

Pakistan's new IMF agreement calls for major reforms to avert crisis

Imran Khan speaking at a lectern
Pakistani Prime Minister Imran Khan. Photo: Fred Dufour/AFP/Getty Images

Pakistan reached a preliminary agreement with the International Monetary Fund for $6 billion in support over 3 years — a much-needed infusion as the country aims to buttress foreign reserves and forestall an economic crisis.

The big picture: For decades, Pakistan's government has prioritized military investments over development, yielding a thriving nuclear weapons and ballistic missile program but declining economic competitiveness. Its performance in this latest IMF program will establish whether Prime Minister Imran Khan renews the country's Faustian bargain or becomes the change agent he has claimed to be.