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Youth Employment Transformation Initiative Project

Abstract*

The objective of the Youth Employment Transformation Initiative Project in Nepal is to improve employment services and labor market outcomes, especially for youth. This project has three components. Component 1: Strengthening of employment promotion systems and services. The objective is to support the Government of Nepal (GoN) in building a platform for a systematic approach to provision of employment promotion services. Subcomponent 1a: Increasing...

* 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

To improve employment services and labor market outcomes, especially for youth.

Key Details

Project Details

  • P160696

  • Active

  • Jasmine Rajbhandary , Jumana Alaref

  • Government of Nepal

  • Nepal

  • October 9, 2018

  • (as of board presentation)

    September 12, 2019

  • April 14, 2020

  • US$ 120.00 million

  • Ministry of Labor, Employment and Social Security

  • South Asia

  • 2020

  • US$ 120.00 million

  • B

  • June 11, 2024

  • July 15, 2025

  • No

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 120.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 120.00
IBRD + IDA Commitment 120.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 120.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Sep 12, 2019 IDA-64870 Loan Commitment 120,000,000.00
Aug 15, 2022 IDA-64870 Int Charges 120.55
Aug 15, 2024 IDA-64870 Int Charges 3,130.11
Aug 15, 2024 IDA-64870 Int Charges 3,130.11
Dec 11, 2023 IDA-64870 Loan Disb 1,607,879.10
Aug 15, 2024 IDA-64870 Int Charges 249,349.73
Aug 15, 2024 IDA-64870 Int Charges 249,349.73
Jun 28, 2024 IDA-64870 Loan Disb 5,139,160.00
Feb 15, 2024 IDA-64870 Int Charges 3,957.07
Feb 15, 2024 IDA-64870 Int Charges 3,957.07
Feb 15, 2024 IDA-64870 Int Charges 226,458.86
Feb 15, 2024 IDA-64870 Int Charges 226,458.86
Jun 6, 2024 IDA-64870 Loan Disb 3,618,446.20
Aug 15, 2022 IDA-64870 Int Charges 120.55
Oct 14, 2022 IDA-64870 Loan Disb 5,734,298.00
Oct 20, 2022 IDA-64870 Loan Disb 3,960,122.20
Feb 14, 2023 IDA-64870 Loan Disb 2,039,924.80
Dec 13, 2022 IDA-64870 Loan Disb 5,027,664.00
Feb 15, 2023 IDA-64870 Int Charges 147,324.92
Feb 15, 2023 IDA-64870 Int Charges 147,324.92
Aug 15, 2023 IDA-64870 Int Charges 769.53
Aug 15, 2023 IDA-64870 Int Charges 769.53
Aug 15, 2023 IDA-64870 Int Charges 187,707.53
Aug 15, 2023 IDA-64870 Int Charges 187,707.53
Feb 15, 2023 IDA-64870 Int Charges 553.35
Feb 15, 2023 IDA-64870 Int Charges 553.35
May 26, 2023 IDA-64870 Loan Disb 3,870,017.00
Nov 29, 2023 IDA-64870 Loan Disb 8,221,479.50
Jun 30, 2023 IDA-64870 Loan Disb 4,586,874.50
Dec 7, 2023 IDA-64870 Loan Disb 139,605.23
Jan 12, 2021 IDA-64870 Loan Disb 5,304.06
Jun 30, 2021 IDA-64870 Loan Disb 1,947,622.60
Apr 27, 2021 IDA-64870 Loan Disb 24,414.66
Jul 1, 2021 IDA-64870 Loan Disb 1,897,532.40
Jul 15, 2021 IDA-64870 Loan Disb 479,106.20
Aug 12, 2021 IDA-64870 Loan Disb 102,512.80
Aug 9, 2021 IDA-64870 Loan Disb 705,972.00
Aug 10, 2021 IDA-64870 Loan Disb 4,913,449.00
Jun 1, 2022 IDA-64870 Loan Disb 11,894,484.00
Jun 1, 2022 IDA-64870 Loan Disb 4,158,967.50
Jun 1, 2022 IDA-64870 Loan Disb 4,798,890.50
Jun 1, 2022 IDA-64870 Loan Disb 519,165.53
Feb 15, 2022 IDA-64870 Int Charges 37,066.59
Feb 15, 2022 IDA-64870 Int Charges 37,066.59
Feb 15, 2022 IDA-64870 Int Charges 4,472.92
Feb 15, 2022 IDA-64870 Int Charges 4,472.92
Apr 18, 2022 IDA-64870 Loan Disb 105,412.25
May 25, 2022 IDA-64870 Loan Disb 36,322.79
Aug 15, 2022 IDA-64870 Int Charges 67,644.75
Aug 15, 2022 IDA-64870 Int Charges 67,644.75
Aug 11, 2022 IDA-64870 Loan Disb 397,847.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Moderately Satisfactory 2024-12-23
Overall Safeguards Rating Moderately Unsatisfactory 2024-12-23
Progress towards achievement of PDO Moderately Satisfactory 2024-12-23
Financial Management Moderately Satisfactory 2024-12-23
Overall Implementation Progress (IP) Moderately Satisfactory 2024-12-23
Project Management Moderately Satisfactory 2024-12-23
Monitoring and Evaluation Satisfactory 2024-12-23

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of people (disaggregated by gender and age group) supported by the project who take up a training, temporary work, or employment opportunity within one year of registrationValue0.0037885.00167000.00
    DateJuly 1, 2019June 10, 2022June 30, 2024
    Comment
  • Number of Employment Service Centers (ESCs) which are established and functionalValue0.000.00753.00
    DateJuly 1, 2019February 7, 2022June 30, 2024
    Comment
  • Percentage of total project beneficiaries who are youthValue0.0067.3060.00
    DateJuly 1, 2019February 7, 2022June 30, 2024
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of workdays created through temporary employment programsValue0.006993.0010000.00
    DateJuly 1, 2019June 10, 2022June 30, 2024
    Comment
  • Percentage of grievances registered related to the delivery of the project which are addressed as per the agreed service standardValue0.000.0080.00
    DateJuly 1, 2019September 30, 2021June 30, 2024
    Comment
  • Additional people participating in temporary employment during COVID pandemicValue0.000.0063000.00
    DateAugust 1, 2022August 1, 2022May 31, 2024
    Comment
  • Number of beneficiaries that completed on-the-job and life skills trainingValue0.000.0021000.00
    DateJuly 1, 2019June 10, 2022June 30, 2024
    Comment
  • Number of Local Levels where gender sensitive outreach campaign has been conductedValue0.000.00753.00
    DateJuly 1, 2019June 10, 2022June 30, 2024
    Comment
  • Number of Local Levels trained on managing and implementation of temporary employment programsValue0.00753.00753.00
    DateJuly 1, 2019June 10, 2022June 30, 2024
    Comment
  • Number of Local Levels where ESC personnel is trained on delivery of ESC functionsValue0.00753.00753.00
    DateJuly 1, 2019June 10, 2022June 30, 2024
    Comment
  • National Employment Management Information System (NEMIS) established and functionalValueJobs portal exist and temporary employment module •As of June 10, 2022 Existing EMIS tracks registrNational Employment Management Information System
    DateJuly 1, 2019June 10, 2022June 30, 2024
    Comment
  • Beneficiaries of social safety net programsValue0.0093249.00100000.00
    DateJanuary 11, 2019June 10, 2022August 30, 2024
    Comment
  • Percentage of project beneficiaries satisfied with the employment services received (disaggregated by gender)Value0.000.0080.00
    DateJuly 1, 2019June 10, 2022June 30, 2024
    Comment
  • Beneficiaries of social safety net programs - FemaleValue0.000.000.00
    Date
    Comment