US launches women's economic development initiative

WASHINGTON — U.S. President Donald Trump signed a national security presidential memorandum on Thursday officially launching the long-discussed White House women’s economic empowerment initiative — the Women’s Global Development and Prosperity initiative, or W-GDP.

While the first government initiative of its kind was applauded by several aid advocates, it also raised a number of questions about how it fits into the administration’s broader foreign aid priorities, especially as the White House has repeatedly proposed cutting foreign aid budgets.

The memorandum does send a clear message about the U.S. stance on the issue: “It is the policy of the United States to enhance the opportunity for women to meaningfully participate in, contribute to, and benefit from economic opportunities as individuals, workers, consumers, innovators, entrepreneurs, and investors, so that they enjoy the same access, rights, and opportunities as men to participate in, contribute to, control, and benefit from economic activity.”

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