At a meeting held Wednesday the Government Cabinet analysed the first mid-term review on better representation of women in decision-making bodies which will aim to see this demographic constitute 40% by 2019.
The report looked at a total of 90 public institutions, economic interest groups (EIG) and listed and non-listed companies in which the State holds interests or participates. The Ministry of the Economy has been monitoring the situation since 2014.
Between January 2015 and 2016, the total percentage of female board members increased from 21.18% to 24.36%, with the percentage of state representatives seeing a similar rate of increase from 26.49% to 30.60%.
Of the 821 directorships in both the private sector and the State, 200 were held by women, indicating that in order to reach the target of 40%, 128 more positions must be held by women by 2019. 500 of these 821 directorships are held by representatives of the State, including 153 by women.
The Government reported it is looking to introduce a policy of equal sharing of responsibility between men and women in all areas of life, with economic decision-making constituting a domain in which women are still largely under-represented.
The Government further claimed that its own efforts would not be enough in ensuring a better balance between men and woman, but rather required supporting commitments from all other economic players.
Graph by MEGA/Ministry of the Economy
