| Financier | Commitments |
|---|---|
| IDA Credit | 120.00 |
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... Show More
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
October 9, 2018
(as of board presentation)
September 12, 2019
April 14, 2020
US$ 120.00 million
Ministry of Labor, Employment and Social Security
2020
US$ 120.00 million
B
June 11, 2024
July 15, 2025
No
BANK APPROVED
Finances
Financing Plan (US$ Millions)
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
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 |
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
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
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 registration Value 0.00 37885.00 167000.00 Date July 1, 2019 June 10, 2022 June 30, 2024 Comment Number of Employment Service Centers (ESCs) which are established and functional Value 0.00 0.00 753.00 Date July 1, 2019 February 7, 2022 June 30, 2024 Comment Percentage of total project beneficiaries who are youth Value 0.00 67.30 60.00 Date July 1, 2019 February 7, 2022 June 30, 2024 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of workdays created through temporary employment programs Value 0.00 6993.00 10000.00 Date July 1, 2019 June 10, 2022 June 30, 2024 Comment Percentage of grievances registered related to the delivery of the project which are addressed as per the agreed service standard Value 0.00 0.00 80.00 Date July 1, 2019 September 30, 2021 June 30, 2024 Comment Additional people participating in temporary employment during COVID pandemic Value 0.00 0.00 63000.00 Date August 1, 2022 August 1, 2022 May 31, 2024 Comment Number of beneficiaries that completed on-the-job and life skills training Value 0.00 0.00 21000.00 Date July 1, 2019 June 10, 2022 June 30, 2024 Comment Number of Local Levels where gender sensitive outreach campaign has been conducted Value 0.00 0.00 753.00 Date July 1, 2019 June 10, 2022 June 30, 2024 Comment Number of Local Levels trained on managing and implementation of temporary employment programs Value 0.00 753.00 753.00 Date July 1, 2019 June 10, 2022 June 30, 2024 Comment Number of Local Levels where ESC personnel is trained on delivery of ESC functions Value 0.00 753.00 753.00 Date July 1, 2019 June 10, 2022 June 30, 2024 Comment National Employment Management Information System (NEMIS) established and functional Value Jobs portal exist and temporary employment module •As of June 10, 2022 Existing EMIS tracks registr National Employment Management Information System Date July 1, 2019 June 10, 2022 June 30, 2024 Comment Beneficiaries of social safety net programs Value 0.00 93249.00 100000.00 Date January 11, 2019 June 10, 2022 August 30, 2024 Comment Percentage of project beneficiaries satisfied with the employment services received (disaggregated by gender) Value 0.00 0.00 80.00 Date July 1, 2019 June 10, 2022 June 30, 2024 Comment Beneficiaries of social safety net programs - Female Value 0.00 0.00 0.00 Date Comment