Two facts on gender gaps stand out. First, given current trends and policies, gender equality is not likely to be achieved. Second, gender equality is macrocritical. In other words, narrowing gender disparities leads to better macroeconomic outcomes—higher economic growth, greater financial stability, and lower income inequality. But achieving gender equality requires a stepped-up effort to design the right macroeconomic, financial, and structural policies that deliver better macroeconomic outcomes and, at the same time, are gender-responsive and help narrow gender disparities.