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Skills Development and Innovation Support Project

Abstract*

The objective of the Skills Development and Innovation Support Project for Macedonia is to improve transparency of resource allocation and promote accountability in higher education, enhance the relevance of secondary technical vocational education, and support innovation capacity in the country. The project consists of the following components: 1) improving transparency of higher education; 2) modernization of secondary Technical Vocational Education...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The Project Development Objective (PDO) is to improve transparency of resource allocation and promote accountability in higher education, enhance the relevance of secondary technical vocational education, and support innovation capacity in Macedonia.

Key Details

Project Details

  • P128378

  • Closed

  • Bojana Naceva

  • North Macedonia

  • North Macedonia

  • January 29, 2013

  • (as of board presentation)

    January 28, 2014

  • March 11, 2014

  • US$ 24.00 million

  • Ministry of Education and Science,Ministry of Finance

  • Europe and Central Asia

  • 2014

  • US$ 24.00 million

  • B

  • Not Applicable

  • April 30, 2021

  • No

  • BANK APPROVED

  • August 11, 2022

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 24.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 24.00
IDA Commitment N/A
IBRD + IDA Commitment 24.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 24.00

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jan 28, 2014 IBRD-83320 Loan Commitment 24,000,000.00
Feb 1, 2024 IBRD-83320 Int Charges 283,861.84
Feb 1, 2024 IBRD-83320 Loan Repay 793,565.06
Aug 1, 2024 IBRD-83320 Int Charges 259,621.90
Aug 1, 2024 IBRD-83320 Loan Repay 791,803.06
Feb 1, 2023 IBRD-83320 Loan Repay 799,732.10
Feb 1, 2023 IBRD-83320 Int Charges 83,040.72
Aug 1, 2023 IBRD-83320 Int Charges 236,084.19
Aug 1, 2023 IBRD-83320 Loan Repay 806,302.94
Aug 1, 2021 IBRD-83320 Int Charges 170.57
Aug 1, 2021 IBRD-83320 Loan Repay 885,898.56
Feb 1, 2022 IBRD-83320 Int Charges 850.22
Feb 1, 2022 IBRD-83320 Loan Repay 827,667.30
Aug 1, 2022 IBRD-83320 Loan Repay 752,635.06
Feb 1, 2021 IBRD-83320 Int Charges 241.16
Dec 11, 2020 IBRD-83320 Loan Disb 1,037,847.20
Feb 1, 2021 IBRD-83320 Int Charges 8,290.69
Feb 1, 2021 IBRD-83320 Loan Repay 737,935.40
Jan 21, 2021 IBRD-83320 Loan Disb 780,221.06
Apr 15, 2021 IBRD-83320 Loan Disb 510,476.40
Oct 20, 2021 IBRD-83320 Loan Cancel 239,681.03
Oct 20, 2021 IBRD-83320 Loan Disb -236,085.10
Jul 9, 2020 IBRD-83320 Loan Disb 425,067.56
Jul 23, 2020 IBRD-83320 Loan Disb 966,810.50
Aug 1, 2020 IBRD-83320 Loan Repay 616,411.90
Aug 1, 2020 IBRD-83320 Int Charges 91.59
Aug 1, 2020 IBRD-83320 Int Charges 9,794.24
Feb 26, 2021 IBRD-83320 Loan Disb 1,058,847.60
Aug 1, 2019 IBRD-83320 Int Charges 10,618.18
Aug 1, 2019 IBRD-83320 Loan Repay 347,331.90
Sep 10, 2019 IBRD-83320 Loan Disb 522,418.70
Dec 18, 2015 IBRD-83320 Loan Disb 272,227.25
Feb 1, 2016 IBRD-83320 Int Charges 3,838.71
Mar 11, 2016 IBRD-83320 Loan Disb 426,406.62
Apr 28, 2016 IBRD-83320 Loan Disb 680,790.00
Oct 10, 2019 IBRD-83320 Loan Disb 667,785.50
Sep 5, 2019 IBRD-83320 Loan Disb 562,343.70
Jul 31, 2019 IBRD-83320 Loan Disb 328,654.84
Mar 25, 2020 IBRD-83320 Loan Disb 663,735.06
Feb 27, 2020 IBRD-83320 Loan Disb 753,105.10
Jan 14, 2020 IBRD-83320 Loan Disb 850,729.10
Jan 23, 2020 IBRD-83320 Loan Disb 942,619.30
Feb 1, 2020 IBRD-83320 Int Charges 2.35
Feb 1, 2020 IBRD-83320 Int Charges 6,600.98
Feb 1, 2020 IBRD-83320 Loan Repay 434,076.53
Jun 17, 2020 IBRD-83320 Loan Disb 878,875.50
Feb 1, 2019 IBRD-83320 Int Charges 7,286.40
Feb 1, 2019 IBRD-83320 Loan Repay 278,718.84
Oct 24, 2018 IBRD-83320 Loan Disb 982,861.50
Feb 7, 2019 IBRD-83320 Loan Disb 716,794.94
Feb 19, 2019 IBRD-83320 Loan Disb 463,851.94
Apr 23, 2019 IBRD-83320 Loan Disb 237,108.20
May 28, 2019 IBRD-83320 Loan Disb 603,405.06
Nov 7, 2017 IBRD-83320 Loan Disb 808,122.50
Feb 27, 2018 IBRD-83320 Loan Disb 949,530.30
Feb 1, 2018 IBRD-83320 Int Charges 4,930.32
Aug 1, 2018 IBRD-83320 Int Charges 5,648.59
Feb 1, 2017 IBRD-83320 Int Charges 3,634.18
Feb 7, 2017 IBRD-83320 Loan Disb 395,807.38
Dec 6, 2016 IBRD-83320 Loan Disb 267,231.30
Aug 1, 2016 IBRD-83320 Int Charges 140.28
Aug 1, 2016 IBRD-83320 Int Charges 4,293.11
May 22, 2017 IBRD-83320 Loan Disb 415,888.47
Aug 1, 2017 IBRD-83320 Int Charges 102.39
Aug 1, 2017 IBRD-83320 Int Charges 4,447.71
May 2, 2014 IBRD-83320 Loan Disb 1,386,150.00
Mar 11, 2014 IBRD-83320 Loan Disb 61,394.66
Mar 11, 2014 IBRD-83320 Fee Charges 61,394.66
Feb 1, 2015 IBRD-83320 Int Charges 3,690.54
Aug 1, 2014 IBRD-83320 Int Charges 2,426.51
Aug 5, 2015 IBRD-83320 Loan Disb 434,700.00
Aug 1, 2015 IBRD-83320 Int Charges 2,651.45
Aug 13, 2015 IBRD-83320 Loan Disb 347,316.12

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Financial Management Satisfactory 2021-04-29
Monitoring and Evaluation Satisfactory 2021-04-29
Project Management Satisfactory 2021-04-29
Progress towards achievement of PDO Moderately Satisfactory 2021-04-29
Procurement Satisfactory 2021-04-29
Overall Implementation Progress (IP) Moderately Satisfactory 2021-04-29

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 10-28-2021
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • % of public universities receiving financing based on new, transparent funding model.Value0.000.000.00
    DateMarch 28, 2014April 21, 2021
    Comment
  • % of secondary TVET students benefiting from practical training in SME and large-sized firms.Value0.0040.2040.00
    DateMarch 28, 2014April 21, 2021March 1, 2019
    Comment
  • Share of private funding mobilized as a percentage of FITD investments in innovation activities.Value0.0049.530.00
    DateMarch 28, 2014April 21, 2021
    Comment
  • % of study programs accredited /reaccredited utilizing new quality assurance measures developed in accordance with Bologna-defined norms by the new Quality Assurance AgencyValue0.000.000.00
    DateJanuary 21, 2019April 21, 2021
    Comment
  • % of beneficiaries that sign collaborative agreements between firms and academia.Value0.0039.000.00
    DateMarch 28, 2014April 21, 2021
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Implementation of new higher education funding model.ValueThe new funding model is not developedlopedThe possible funding models have been presented to
    DateMarch 28, 2014April 21, 2021
    Comment
  • TVET action plan that promotes general and broader technical education and competence- based learning adoptedValueNot in existenceModel adopted
    DateSeptember 10, 2013April 21, 2021
    Comment
  • Evaluations for Innovation grants designed, conducted and reports reportedValueNot in existenceThe follow-up survey is finished. Results will be
    DateSeptember 10, 2013April 21, 2021
    Comment
  • Share of resources dedicated to Fund for Innovation and Technology Development (FITD) instruments disbursedValue0.00100.000.00
    DateSeptember 10, 2013April 21, 2021
    Comment
  • Number of public universities that have completed an external evaluation utilizing new quality assurance measures developed in accordance with Bologna-defined EU norms and practices.Value0.006.000.00
    DateMarch 28, 2014April 21, 2021
    Comment
  • % of developed TVET occupational standards by professional fieldsValue0.00100.000.00
    DateSeptember 10, 2013April 21, 2021
    Comment
  • Skills Observatory established, providing information about TVET and HE performance to the publicValueNot in existenceThe activities for development of the Skills Obser
    DateSeptember 10, 2013April 21, 2021
    Comment
  • Number of companies established via the FITD Accelerator programValue0.003.000.00
    DateSeptember 10, 2013April 21, 2021
    Comment
  • National TTO established and operationalValueNot in existenceNo
    DateMarch 28, 2014April 21, 2021
    Comment
  • % of updated TVET curricula in line with occupational standardsValue0.00100.000.00
    DateSeptember 10, 2013April 21, 2021
    Comment
  • Percentage of students that participated in the Grant Program satisfied with their engagement during grant preparationValue0.0084.100.00
    DateFebruary 13, 2019April 21, 2021
    Comment
  • Number of beneficiary firms to introduce new/improved productsValue0.00256.0055.00
    DateSeptember 10, 2013April 21, 2021June 30, 2020
    Comment
  • Agency for Quality Assurance and Accreditation achieves affiliate membership in ENQA (the European Association for Quality Assurance in Higher Education)ValueBoard of Quality Assurance and Accreditation NOT aAgency for Quality Assurance achieved affiliate meAgency for Quality Assurance achieves affiliate me
    DateMarch 28, 2014April 21, 2021April 30, 2021
    Comment
  • % Increase in number of companies providing practical training to secondary TVET students.Value0.0016.500.00
    DateJanuary 15, 2015April 21, 2021
    Comment
  • % of beneficiaries receiving training and mentoringValue0.00100.000.00
    DateMarch 28, 2014December 9, 2020
    Comment
  • Manual and training materials for quality delivery of new curricula adoptedValueNoYes
    DateSeptember 10, 2013April 21, 2021
    Comment
  • Number of beneficiary firms to introduce new processesValue0.0011.000.00
    DateSeptember 10, 2013December 9, 2020
    Comment
  • Students benefiting from direct interventions to enhance learningValue0.0021346.000.00
    DateMarch 28, 2014April 21, 2021
    Comment
  • Students benefiting from direct interventions to enhance learning - FemaleValue0.0010609.000.00
    Date
    Comment