| Financier | Commitments |
|---|---|
| IDA Credit | 300.00 |
| Borrower/Recipient | 200.00 |
Accelerating and Strengthening Skills for Economic Transformation
Development Objective
The Project Development Objective is to equip Bangladeshi youth and workers, including women and the disadvantaged, with skills demanded for the future of work and improved employment prospects.
Key Details
Project Details
P167506
Active
Tashmina Rahman , Sabah Moyeen
People's Republic of Bangladesh
February 3, 2020
(as of board presentation)
May 20, 2021
October 21, 2021
US$ 500.00 million
Technical and Madrasah Education Division of Ministry of Education
2021
US$ 300.00 million
N/A
June 11, 2024
December 31, 2026
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 300.00 |
| IBRD + IDA Commitment | 300.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 500.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jan 11, 2024 | IDA-68740 | Loan Disb | 28,798.32 |
| Nov 15, 2023 | IDA-68740 | Int Charges | 26,088.15 |
| Nov 15, 2023 | IDA-68740 | Int Charges | 26,088.15 |
| Nov 15, 2023 | IDA-68740 | Int Charges | 97.18 |
| May 13, 2024 | IDA-68740 | Loan Disb | 65,954.55 |
| Apr 8, 2024 | IDA-68740 | Loan Disb | 59,679.84 |
| May 15, 2024 | IDA-68740 | Int Charges | 39,077.75 |
| May 15, 2024 | IDA-68740 | Int Charges | 105,384.84 |
| May 15, 2024 | IDA-68740 | Int Charges | 105,384.84 |
| May 15, 2024 | IDA-68740 | Int Charges | 175,641.40 |
| Feb 20, 2024 | IDA-68740 | Loan Disb | 64,871.66 |
| May 20, 2021 | IDA-68740 | Loan Commitment | 300,000,000.00 |
| Apr 6, 2022 | IDA-68740 | Loan Disb | 1,160,092.80 |
| Nov 15, 2022 | IDA-68740 | Int Charges | 4,170.34 |
| Nov 15, 2022 | IDA-68740 | Int Charges | 6,734.07 |
| Nov 15, 2022 | IDA-68740 | Int Charges | 903.57 |
| Nov 15, 2022 | IDA-68740 | Int Charges | 903.57 |
| Nov 15, 2022 | IDA-68740 | Int Charges | 1,505.96 |
| Nov 15, 2022 | IDA-68740 | Int Charges | 4,170.34 |
| Aug 24, 2023 | IDA-68740 | Loan Disb | 59,625.46 |
| Aug 2, 2023 | IDA-68740 | Loan Disb | 20,291.11 |
| May 15, 2023 | IDA-68740 | Int Charges | 220.93 |
| Nov 15, 2023 | IDA-68740 | Int Charges | 4,313.02 |
| Nov 8, 2023 | IDA-68740 | Loan Disb | 72,644.41 |
| May 15, 2023 | IDA-68740 | Int Charges | 4,254.92 |
| May 15, 2023 | IDA-68740 | Int Charges | 4,254.92 |
| May 15, 2023 | IDA-68740 | Int Charges | 6,993.20 |
| Jul 6, 2023 | IDA-68740 | Loan Disb | 2,452,830.20 |
| Jun 5, 2023 | IDA-68740 | Loan Disb | 21,626.31 |
| Jun 5, 2023 | IDA-68740 | Loan Disb | 4,005.82 |
| Jun 5, 2023 | IDA-68740 | Loan Disb | 92,419.25 |
| Jun 5, 2023 | IDA-68740 | Loan Disb | 8,931.82 |
| Jun 5, 2023 | IDA-68740 | Loan Disb | 42,311.19 |
| Mar 18, 2024 | IDA-68740 | Loan Disb | 28,737.19 |
| Jun 10, 2024 | IDA-68740 | Loan Disb | 34,119.71 |
| Oct 16, 2023 | IDA-68740 | Loan Disb | 23,891,402.00 |
| Jul 25, 2024 | IDA-68740 | Loan Disb | 109,623.14 |
| Jan 11, 2024 | IDA-68740 | Loan Disb | 42,211.13 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-12-13 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-12-13 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-12-13 |
| Procurement | Moderately Satisfactory | 2024-12-13 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-12-13 |
| Project Management | Moderately Satisfactory | 2024-12-13 |
| Financial Management | Moderately Satisfactory | 2024-12-13 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-12-13 |
| Procurement | Moderately Satisfactory | 2024-12-13 |
| Project Management | Moderately Satisfactory | 2024-12-13 |
| Financial Management | Moderately Satisfactory | 2024-12-13 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-12-13 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
PDO Indicator 1: Employment rates of graduates of project supported short courses Value Baseline to be established n/a Baseline+15% increment on baseline Date July 1, 2021 April 23, 2024 December 31, 2026 Comment PDO Indicator 3: Total number of trained vulnerable women and disadvantaged people employed or self-employed Value 0.00 0.00 100000.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment PDO Indicator 4: Total number of trainees trained for skills needed for the future of work (of which female, %) Value 0.00 0.00 520000.00 Date July 1, 2021 February 28, 2024 December 31, 2026 Comment Rate for female Value Baseline to be established n.a Baseline + 15% increment on baseline Date July 1, 2021 April 23, 2024 December 31, 2026 Comment % of Women Value 0.00 0.00 0.00 Date Comment % of Women Value 0.00 0.00 0.00 Date Comment Rate for PWD Value To be established n.a Baseline + 15% increment on baseline Date July 1, 2021 April 23, 2024 December 31, 2026 Comment % of PWD Value 0.00 0.00 0.00 Date Comment Rate for ethnic minority Value Baseline to be established n.a Baseline + 15% increment on baseline Date July 1, 2021 April 23, 2024 December 31, 2026 Comment % of ethnic minority Value 0.00 0.00 0.00 Date Comment PDO Indicator 2: Employer satisfaction level with the skills of graduates from project-supported diploma programs Value Baseline survey to be conducted n.a Baseline + 15% increment on baseline Date July 1, 2021 April 23, 2024 December 31, 2026 Comment Sub-indicator 3.a: Total number of vulnerable women and disadvantaged people trained Value 0.00 0.00 150000.00 Date July 21, 2022 April 23, 2024 December 31, 2026 Comment % of Women Value 0.00 0.00 0.00 Date Comment % of PWD Value 0.00 0.00 0.00 Date Comment % of ethnic minority Value 0.00 0.00 0.00 Date Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
12. Number of trainees/students of project supported courses registered digital job matching platforms Value 0.00 0.00 50000.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment % PWD Value 0.00 0.00 0.00 Date Comment 5. Number of trainees trained through project-supported formal short courses (of which % female) Value 0.00 0.00 200000.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment 13. Number of surveys/studies completed under the project Value 0.00 0.00 10.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment % ethnic minority Value 0.00 0.00 0.00 Date Comment 8. Number of RPL participants assessed under the project Value 0.00 0.00 120000.00 Date July 1, 2020 April 23, 2024 December 31, 2026 Comment % of female Value 0.00 0.00 30.00 Date January 1, 2021 April 23, 2024 June 30, 2026 Comment % of PWD Value 0.00 0.00 2.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment % female Value 0.00 0.00 0.00 Date Comment Teachers recruited or trained Value 0.00 0.00 5000.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment Teachers recruited or trained - Female (RMS requirement) Value 0.00 0.00 0.00 Date Comment 7. Number of trainees/workers trained through the project-supported enterprise-based training Value 0.00 0.00 240000.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment 9. e-TVET platform for blended learning developed and functioning Value Not exist Not exist Functioning e-TVET platform for blended learning Date July 1, 2021 April 23, 2024 December 31, 2026 Comment Students benefiting from direct interventions to enhance learning Value 0.00 0.00 1000000.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment 10. Number of competency standards developed through collaboration of participating agencies and ISCs Value 0.00 0.00 30.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment Students benefiting from direct interventions to enhance learning - Female Value 0.00 0.00 0.00 Date Comment % female Value 0.00 0.00 0.00 Date Comment Sub-Indicator 7.a. Number of trainees/workers trained through the inclusiveness window of the enterprise-based training programs Value 0.00 0.00 120000.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment 11. Number of trainees/students received job offers/ commitments from employers through the project supported job fairs/placement seminars Value 0.00 0.00 50000.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment 2.Number of diploma courses rolled out on online/blended learning platform Value 0.00 0.00 20.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment % female Value 0.00 0.00 0.00 Date Comment % female Value 0.00 0.00 0.00 Date Comment 3. % of IDG activity milestones achieved Value 0.00 0.00 80.00 Date July 1, 2021 April 23, 2024 December 31, 2026 Comment 4. Number of MT/MA/Nursing trainees enrolled in project-supported IHT/MATS/Nursing institutions Value To be established based on the selection of target to be determined To be established as 75% of seat capacity of the s Date July 1, 2021 April 23, 2024 December 31, 2026 Comment