§262p–3 Participation of Women in Economic, Social and Policy Development Activities

Summary

International development banks must fully include women in borrowing countries when picking, planning, carrying out, and checking development projects they fund. The banks must back women’s roles in the economy, family care, education, health, and nutrition. They must work to remove legal or customary obstacles that keep women out of development, like lack of access to credit, property, education, health care, or government services. Banks must also involve local women’s groups when preparing projects so women’s needs shape the plans. The Secretary of the Treasury must tell the U.S. Executive Directors at the World Bank (IBRD and IDA) to strengthen their Women in Development work. The Secretary must also tell U.S. directors at regional development banks to support creating or improving internal groups to advise and promote women’s full inclusion. Each year, the National Advisory Council on International Monetary and Financial Policies must report to Congress on what the banks did to follow these policies.