Recovery and Advancement of Informal Sector Employment

Abstract*

CONTEXT Bangladesh has experienced a long period of rapid growth, job creation, and poverty reduction, but there have been persistent structural challenges of job quality and inclusion. Slowing job creation has stunted transformation of the labor market, where informality and poor job quality remain the norm. Just one in five workers are wage employed, and both formal and informal workers experience poor working conditions and vulnerability. Gender... Show More

Development Objective

The objective is to provide services that can enhance earning opportunities for low-income urban youth, urban youth impacted by COVID-19, and returning migrants.

Key Details

Project Details

Project ID
P174085
Status
Active
Team Leader
Aneeka Rahman
Borrower 2
People's Republic of Bangladesh

Country
Bangladesh
Disclosure Date
June 15, 2020
Approval Date
(as of board presentation)
March 15, 2021
Effective Date
February 23, 2022

Total Project Cost 1
US$ 300.30 million
Implementing Agency
Palli Karma-Sahayak Foundation (PKSF),Wage Earners Welfare Board
Region
South Asia
Fiscal Year 3
2021

Commitment Amount
US$ 200.00 million
Environmental Category
N/A
Last Update Date
February 21, 2024
Closing Date
June 30, 2026

Consultant Services required
No
Last Stage Reached
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Economic Growth and Planning100%
- FY17 - Inclusive Growth75%
- FY17 - Migration, Remittances and Diaspora Engagement28%

FY17 - Environment and Natural Resource Management

FY17 - Climate change9%
- FY17 - Adaptation7%
- FY17 - Mitigation1%

FY17 - Finance

FY17 - Financial Infrastructure and Access75%
- FY17 - MSME Finance75%

FY17 - Human Development and Gender

FY17 - Disease Control100%
- FY17 - Pandemic Response100%
FY17 - Gender100%
FY17 - Labor Market Policy and Programs100%
- FY17 - Active Labor Market Programs75%
- FY17 - Skills Development100%

FY17 - Private Sector Development

FY17 - Jobs75%
- FY17 - Job Creation75%
- FY17 - Youth Employment75%

FY17 - Social Development and Protection

FY17 - Social Protection28%
- FY17 - Social Safety Nets28%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Borrower/Recipient	100.30
IDA Credit	200.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	200.00
IBRD + IDA Commitment	200.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	300.30

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Aug 23, 2023	IDA-68410	Loan Disb	72,361.72
Jan 26, 2023	IDA-68410	Loan Disb	3,869,281.80
May 1, 2023	IDA-68410	Int Charges	152,417.60
May 1, 2023	IDA-68410	Int Charges	152,417.60
May 1, 2023	IDA-68410	Int Charges	224,149.11
May 1, 2023	IDA-68410	Int Charges	1,970.41
May 1, 2023	IDA-68410	Int Charges	1,970.41
May 15, 2023	IDA-68410	Loan Disb	4,868,888.50
Nov 9, 2023	IDA-68410	Loan Disb	1,703,172.00
Sep 7, 2023	IDA-68410	Loan Disb	1,237,098.60
Jun 22, 2023	IDA-68410	Loan Disb	2,361,971.50
Jun 15, 2023	IDA-68410	Loan Disb	2,070,882.10
Aug 2, 2023	IDA-68410	Loan Disb	2,090,907.00
Nov 1, 2023	IDA-68410	Int Charges	32,215.07
Nov 1, 2023	IDA-68410	Int Charges	234,613.89
Nov 1, 2023	IDA-68410	Int Charges	234,613.89
Nov 1, 2023	IDA-68410	Int Charges	391,023.12
Dec 28, 2023	IDA-68410	Loan Disb	1,882,650.90
Dec 27, 2023	IDA-68410	Loan Disb	1,598,261.10
Nov 30, 2023	IDA-68410	Loan Disb	1,707,769.50
Apr 29, 2024	IDA-68410	Loan Disb	505,881.80
May 2, 2024	IDA-68410	Loan Disb	1,423,077.40
Apr 11, 2024	IDA-68410	Loan Disb	490,747.78
May 23, 2024	IDA-68410	Loan Disb	1,744,979.40
May 23, 2024	IDA-68410	Loan Disb	2,861,633.50
May 23, 2024	IDA-68410	Loan Disb	531,264.25
Jun 18, 2024	IDA-68410	Loan Disb	1,089,134.50
Jun 18, 2024	IDA-68410	Loan Disb	1,049,622.10
Mar 7, 2024	IDA-68410	Loan Disb	1,931,823.60
May 1, 2024	IDA-68410	Int Charges	459,640.34
May 1, 2024	IDA-68410	Int Charges	269,010.60
May 1, 2024	IDA-68410	Int Charges	269,010.60
May 1, 2024	IDA-68410	Int Charges	6,773.62
Jun 25, 2024	IDA-68410	Loan Disb	252,502.81
Mar 15, 2021	IDA-68410	Loan Commitment	200,000,000.00
May 1, 2024	IDA-68410	Int Charges	6,773.62
Jun 27, 2024	IDA-68410	Loan Disb	940,298.94
Feb 20, 2024	IDA-68410	Loan Disb	1,571,910.80
Feb 8, 2024	IDA-68410	Loan Disb	621,038.80
Feb 8, 2024	IDA-68410	Loan Disb	721,561.70
May 9, 2024	IDA-68410	Loan Disb	2,223,731.50
Jun 6, 2024	IDA-68410	Loan Disb	2,565,097.80
May 31, 2022	IDA-68410	Loan Disb	3,850,853.20
Jun 23, 2022	IDA-68410	Loan Disb	18,318,966.00
Nov 8, 2022	IDA-68410	Loan Disb	6,283,714.50
Dec 28, 2022	IDA-68410	Loan Disb	3,349,079.50
Dec 29, 2022	IDA-68410	Loan Disb	131,052.29
Mar 2, 2023	IDA-68410	Loan Disb	6,375,020.00
Apr 6, 2023	IDA-68410	Loan Disb	5,813,890.50
Dec 15, 2022	IDA-68410	Loan Disb	2,745,294.00
Dec 8, 2022	IDA-68410	Loan Disb	3,742,918.00
Nov 1, 2022	IDA-68410	Int Charges	58,643.19
Nov 1, 2022	IDA-68410	Int Charges	58,643.19
Nov 1, 2022	IDA-68410	Int Charges	97,738.66

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Moderately Satisfactory	2024-11-25
Overall Implementation Progress (IP)	Satisfactory	2024-11-25
Project Management	Satisfactory	2024-11-25
Progress towards achievement of PDO	Satisfactory	2024-11-25
Financial Management	Moderately Satisfactory	2024-11-25
Monitoring and Evaluation	Satisfactory	2024-11-25

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of beneficiaries in economic inclusion program Value 0.00 15969.00 125000.00
Date June 27, 2020 December 4, 2023 June 30, 2026
Comment
of which female Value 0.00 12296.00 43750.00
Date August 24, 2020 December 4, 2023 January 30, 2026
Comment
Number of beneficiaries affected by COVID successfully accessing microfinance Value 0.00 49771.00 50000.00
Date June 27, 2020 December 4, 2023 June 30, 2026
Comment
Number of beneficiaries accessing return migrant welfare services Value 0.00 62104.00 200000.00
Date June 27, 2020 December 4, 2023 June 30, 2026
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Economic inclusion program MIS is institutionalized and operational Value No No Yes
Date August 30, 2020 December 4, 2023 June 30, 2026
Comment

Grievance management system for economic inclusion program developed and functional, with confirmed ability to receive and documentgrievances, and record actions taken for resolution	Value	No	Yes	Yes
	Date	August 28, 2020	December 4, 2023	June 30, 2026
	Comment

Number of economic inclusion program staff trained Value 0.00 210.00 400.00
Date August 28, 2020 December 4, 2023 June 30, 2026
Comment
Number of WEWB officers trained Value 0.00 50.00 144.00
Date August 23, 2020 December 4, 2023 June 30, 2026
Comment
Economic inclusion program MIS is integrated with other PKSF MIS Value No No Yes
Date August 28, 2020 December 4, 2023 June 30, 2026
Comment

Grievance management system for reintegration program developed and functional, with confirmed ability to receive and document grievances, and record actions taken for resolution	Value	No	No	Yes
	Date	August 28, 2020	December 4, 2023	June 30, 2026
	Comment

Number of master craftspeople completing orientation Value 0.00 3500.00 5000.00
Date August 23, 2020 December 4, 2023 June 30, 2026
Comment
Number of Welfare Centers set up and functional Value 0.00 31.00 32.00
Date August 28, 2020 December 4, 2023 June 30, 2026
Comment
Economic inclusion program curricula for informal apprenticeship developed Value No Yes Yes
Date August 28, 2020 December 4, 2023 June 30, 2026
Comment
Percentage of direct project beneficiaries satisfied with project interventions Value 0.00 84.00 80.00
Date August 23, 2020 December 4, 2023 June 30, 2026
Comment
Number of beneficiaries in apprenticeships Value 0.00 6891.00 35000.00
Date August 23, 2020 December 4, 2023 June 30, 2026
Comment
Economic inclusion program curricula for business management developed Value No Yes Yes
Date August 28, 2020 December 4, 2023 June 30, 2026
Comment
Number of returning migrants registered in the Returnee Migrants Database Value 0.00 62104.00 200000.00
Date August 28, 2020 December 4, 2023 June 30, 2026
Comment
of which female Value 0.00 0.00 0.00
Date
Comment
Number of people registered in the economic inclusion information system Value 0.00 59238.00 175000.00
Date August 28, 2020 December 4, 2023 June 30, 2026
Comment
Number of direct project beneficiaries receiving micro-credit support Value 0.00 55705.00 143500.00
Date August 23, 2020 December 4, 2023 June 30, 2026
Comment
At least one service agreement/MoU signed for data sharing for integrated return and reintegration program MIS Value No Yes Yes
Date August 28, 2020 December 4, 2023 June 30, 2026
Comment
Number of beneficiaries taking informal apprentice service that test for skills certification Value 0.00 0.00 3500.00
Date August 26, 2020 December 4, 2023 June 30, 2026
Comment
Integrated return and reintegration program MIS operational Value No No Yes
Date August 28, 2020 December 4, 2023 June 30, 2026
Comment
of which female Value 0.00 0.00 0.00
Date
Comment

Number of beneficiaries in economic inclusion program	Value	0.00	15969.00	125000.00
	Date	June 27, 2020	December 4, 2023	June 30, 2026
	Comment

of which female	Value	0.00	12296.00	43750.00
	Date	August 24, 2020	December 4, 2023	January 30, 2026
	Comment

Number of WEWB officers trained	Value	0.00	50.00	144.00
	Date	August 23, 2020	December 4, 2023	June 30, 2026
	Comment

Recovery and Advancement of Informal Sector Employment

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS