Wednesday, 31 January 2018 20:38

Panama bets on equal pay

Panama Today/ Digital magazine
www.panamatoday.com

Panamanian President Juan Carlos Varela, jointly with Vice President and Foreign Minister Isabel de Saint Malo, officially announced this Monday the inclusion of Panama in the Equal Pay International Coalition, joining countries such as Iceland, South Africa and Switzerland, in the initiative to reach the Sustainable Development Goals (SDG) of the United Nations Organization, on equal pay for men and women.

Panama thus becomes the first country in the region to join the group, expressing its commitment to work to reduce gender wage gaps.

During the activity, President Juan Carlos Varela highlighted the struggle that has been undertaken by women against "all forms of discrimination", and made special reference of the important role they play in economic and social development.

"Equal pay for women means that there is more income available for them, which in turn leads to greater investment in education and the health of their children, that is, that equal pay means possibilities to reduce poverty, and in a more just and equal society," said the president.

Vice President Isabel de Saint Malo also said she hopes that the Coalition can boost the presence of women in key sectors of the economy. She also said that government, business, civil society, universities, media, women and men should act as equal pay agents.

"States can influence the wage policy through the establishment of adequate and inclusive minimum wages, but also encourage collective negotiation based on a gender perspective, that respects and defends the rights of women, and ensures fair retribution for them, specifically in the most feminized positions and sectors, thus reducing gender pay gap," said the chancellor.

Isabel de Saint Malo was also pleased to receive the distinction of Regional "Champion" for Latin America and the Caribbean, for her work in favor of gender equality, according to a press release issued by the Ministry of Foreign Affairs.

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