| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 144.23 |
Labor Market Information and Skills System Transformation for Labor Market Flexibility
Abstract*
Indonesia’s economic growth and employment are recovering from the shock of the COVID-19 pandemic, but the progress is unequal. The 5 percent real GDP growth rate between 2015 and 2019 was interrupted in 2020 following the onset of the global COVID-19 pandemic. Notwithstanding, the economy showed signs of resilience: real GDP growth accelerated from 3.7 percent in 2021 to 5.4 percent year-on-year in the first three quarters of 2022. Unemployment rates... Show More
Development Objective
To improve access to and effectiveness of skills development and employment services for the working-age population
Key Details
Project Details
P166693
Active
Ramya Sundaram , Shinsaku Nomura, Anastasiya Denisova
Republic of Indonesia
July 17, 2019
(as of board presentation)
January 18, 2024
March 27, 2024
US$ 154.00 million
Ministry of Manpower
2024
US$ 144.23 million
N/A
January 21, 2024
December 31, 2027
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 144.23 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 144.23 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 154.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 15, 2024 | IBRD-96360 | Int Charges | 71,486.61 |
| May 22, 2024 | IBRD-96360 | Fee Charges | 358,195.90 |
| Jan 18, 2024 | IBRD-96360 | Loan Commitment | 144,230,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Moderately Satisfactory | 2024-10-22 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-10-22 |
| Financial Management | Satisfactory | 2024-10-22 |
| Monitoring and Evaluation | Satisfactory | 2024-10-22 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-10-22 |
| Procurement | Moderately Satisfactory | 2024-10-22 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
National TVET Strategy is endorsed by the NVS-SC Value No Yes Date September 30, 2020 December 30, 2024 Comment Number of new graduates certified by BNSP with training based on SKKNI and KKNI framework [DLI 6] Value 0.00 0.00 999.00 Date September 30, 2020 December 30, 2024 Comment Data analytics sub-portal of the LMI platform and workforce development studies developed [DLI 8] Value Basic Developed Date September 30, 2020 December 30, 2024 Comment Number of enrolled students in TVET institutes, by field of study Value 0.00 0.00 999.00 Date April 1, 2021 December 30, 2024 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of additional SKKNI/KKNI Packages and certifications developed [DLI 4] Value 0.00 0.00 470.00 Date September 30, 2020 December 30, 2024 Comment Number of assessors certified for SKKNI/KKNI programs [DLI 6] Value 0.00 0.00 1500.00 Date September 30, 2020 December 30, 2024 Comment Effective job matching generates labor market data [DLI 9] Value No Platform developed Date September 30, 2020 December 30, 2024 Comment Percentage of (firms, people) that provides positive feedback in stakeholder survey Value 0.00 0.00 60.00 Date September 30, 2020 December 30, 2024 Comment Number of SKKNI/KKNI toolbox developed [DLI 5] Value 0.00 0.00 130.00 Date September 30, 2020 December 30, 2024 Comment Increased use of labor market evidence to inform allocation of scholarships [DLI 2] Value Basic and not systematic evaluation of demand ## scholarships Date September 30, 2020 December 30, 2024 Comment Streamlined SKKNIs processes and supporting MIS in place [DLI 3] Value None Streamlined business processes and design of the s Date September 30, 2020 December 30, 2024 Comment Adoption of unified vision and framework for the skills system [DLI 1] Value None Draft revision of TVET related laws informed by en Date September 30, 2020 December 30, 2024 Comment Number of new SKKNI/KKNI developed [DLR 4.1] Value 0.00 0.00 150.00 Date September 30, 2020 December 30, 2024 Comment Number of certification schemes developed for SKKNI/KKNI [DLR 4.2] Value 0.00 0.00 320.00 Date September 30, 2020 December 30, 2024 Comment Data analytics sub-portal of the LMI platform and workforce development studies developed [DLR 8.4] Value None Reports and portal developed Date September 30, 2020 December 30, 2024 Comment Number of new graduates certified by BNSP with training based on SKKNI and KKNI framework (by BLK, SMK and Polytechnics, sex-disaggregated) [DLI 7] Value 0.00 0.00 999.00 Date September 30, 2020 December 30, 2024 Comment High quality LMI and analysis informs labor market actors [DLI 8] Value None Workforce development sub-portal of the LMI platfo Date September 30, 2020 December 30, 2024 Comment Percentage of vacancies filled (gender disaggregated) [DLR 9.5] Value 0.00 0.00 0.00 Date Comment Number of persons enrolled (Total, LPDP, gender disaggregated) [DLR 9.4] Value 0.00 0.00 0.00 Date Comment