| Financier | Commitments |
|---|---|
| Special Financing | 23.00 |
| State and Peace Building Fund | 1.50 |
Finance for Jobs II
Abstract*
The objective of the Second Finance for Jobs Project for West Bank and Gaza is to test the effectiveness of selected financial interventions in incentivizing private sector investment and job creation. There are four components to the project, the first component being Development Impact Bond (DIB) for Skills Development and Employment. The DIB will focus on enhancing the skills of the Palestinian workforce in a more market-driven way to foster improved... Show More
Development Objective
To test the effectiveness of selected financial interventions in incentivizing private sector investment and job creation.
Key Details
Project Details
P159337
Active
Abdalwahab Khatib
Palestine Liberation Organization (for the benefit of the Palestinian Authority)
September 21, 2016
(as of board presentation)
July 27, 2017
November 27, 2017
US$ 24.50 million
Ministry of Planning (MOPIC),Project Implementing Agency (DAI)
2018
US$ 24.50 million
B
N/A
February 28, 2027
Yes
BANK APPROVED
May 20, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 24.50 |
| Total Project Cost** | 24.50 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Safeguards Rating | Satisfactory | 2024-10-16 |
| Monitoring and Evaluation | Satisfactory | 2024-10-16 |
| Financial Management | Satisfactory | 2024-10-16 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-10-16 |
| Procurement | Moderately Satisfactory | 2024-10-16 |
| Project Management | Satisfactory | 2024-10-16 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-10-16 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Private Capital Mobilized Value 0.00 61800000.00 55000000.00 Date September 1, 2017 March 20, 2024 March 31, 2025 Comment Number of jobs created Value 0.00 1893.00 2800.00 Date September 1, 2017 March 20, 2024 March 31, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of beneficiaries accepted onto the DIB Program Value 0.00 1374.00 1240.00 Date September 1, 2017 March 20, 2024 December 31, 2023 Comment Firms benefiting from private sector initiatives Value 0.00 109.00 106.00 Date September 1, 2017 March 20, 2024 March 31, 2025 Comment Beneficiaries of job-focused interventions Value 0.00 2758.00 3600.00 Date September 1, 2017 March 20, 2024 March 31, 2025 Comment Number of DIB beneficiaries accepted onto the DIB Program -- women Value 0.00 648.00 500.00 Date September 1, 2017 March 20, 2024 December 31, 2023 Comment Number of beneficiaries starting employment Value 0.00 633.00 520.00 Date September 1, 2017 March 20, 2024 December 31, 2023 Comment Beneficiaries of job-focused interventions - Youth Value 0.00 0.00 2000.00 Date September 1, 2017 May 11, 2018 October 29, 2021 Comment Beneficiaries of job-focused interventions - Female Value 0.00 0.00 1000.00 Date September 1, 2017 May 11, 2018 October 29, 2021 Comment Number of beneficiaries starting employment --women Value 0.00 255.00 160.00 Date September 1, 2017 March 20, 2024 December 31, 2023 Comment Number of beneficiaries that have completed employment skills training (in class and/or on the job) Value 0.00 1082.00 1010.00 Date September 1, 2017 March 20, 2024 December 31, 2023 Comment Beneficiaries that feel project investments reflected their needs Value 0.00 100.00 85.00 Date September 1, 2017 June 30, 2023 December 31, 2024 Comment Number of beneficiaries that have completed employment skills training (in class and/or on the job) - women Value 0.00 488.00 410.00 Date September 1, 2017 June 30, 2023 December 31, 2023 Comment