President Donald Trump signs memorandum Thursday

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(CNN) — President Trump signed a presidential memorandum Thursday launching the women’s global development and prosperity initiative.

The White House describes it as “the first-ever whole-of-government approach focused on advancing women’s full and free participation in the global economy.”

The initiative focuses on three things  helping women thrive in the workforce by improving access to quality education and skills training; continuing efforts to fund and support women’s entrepreneurship and working to identify and reduce barriers to women’s participation in the global economy and promote improved practices.

The goal is to help at least 50 million women by 2025.

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