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Promoting Better Jobs through Integrated Labor and Skills Programs

Abstract*

The government of Argentina is seeking to move from income support to employment programs and to build on evidence of what works to improve the income generation outcomes for vulnerable groups. In this context, the government is seeking to upgrade the effectiveness of programs to enhance employment prospects while supporting incomes during this transition. Faced with fiscal pressures, the government is seeking to do this while at the same time consolidating...

* 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

Improve the employment of targeted groups and strengthen the quality and availability of training and employment services in Argentina.

Key Details

Project Details

  • P176781

  • Active

  • Marcela Salvador , Harry Moroz

  • Argentine Republic

  • Argentina

  • July 14, 2021

  • (as of board presentation)

    February 24, 2022

  • May 26, 2022

  • US$ 250.00 million

  • Secretariat of Labor, Employment, and Social Security

  • Latin America and Caribbean

  • 2022

  • US$ 250.00 million

  • N/A

  • Moderate

  • April 30, 2029

  • Yes

  • BANK APPROVED

  • February 22, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 250.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 250.00
IDA Commitment N/A
IBRD + IDA Commitment 250.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 250.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Nov 9, 2023 IBRD-93370 Loan Disb 62,130.01
Jul 11, 2023 IBRD-93370 Loan Disb 6,840,082.50
Jun 16, 2023 IBRD-93370 Loan Disb 4,983,802.50
Nov 3, 2023 IBRD-93370 Loan Disb 434,391.62
Feb 24, 2022 IBRD-93370 Loan Commitment 250,000,000.00
Oct 31, 2023 IBRD-93370 Loan Disb 8,397,718.00
Oct 17, 2023 IBRD-93370 Loan Disb 7,571,807.50
Nov 10, 2023 IBRD-93370 Loan Disb 32,342,270.00
Aug 15, 2024 IBRD-93370 Int Charges 148,746.81
Aug 15, 2024 IBRD-93370 Int Charges 4,584,997.50
Jul 26, 2024 IBRD-93370 Loan Disb 1,182,674.90
Jul 26, 2024 IBRD-93370 Loan Disb 324,284.70
Nov 13, 2023 IBRD-93370 Loan Disb 10,203,598.00
Aug 29, 2024 IBRD-93370 Loan Disb 536,591.90
Aug 15, 2024 IBRD-93370 Int Charges 148,746.81
Aug 15, 2024 IBRD-93370 Int Charges 16,763.03
Feb 15, 2024 IBRD-93370 Int Charges 182,446.27
Feb 15, 2024 IBRD-93370 Int Charges 107,773.03
Feb 15, 2024 IBRD-93370 Int Charges 186,161.83
Feb 15, 2024 IBRD-93370 Int Charges 3,525,283.00
Feb 15, 2024 IBRD-93370 Int Charges 3,715.57
Aug 19, 2024 IBRD-93370 Loan Disb 3,248,841.80
Aug 15, 2022 IBRD-93370 Int Charges 52,949.49
Aug 15, 2022 IBRD-93370 Int Charges 3,857.13
Aug 19, 2022 IBRD-93370 Loan Disb 20,949,418.00
May 26, 2022 IBRD-93370 Loan Disb 625,000.00
May 26, 2022 IBRD-93370 Fee Charges 625,000.00
Dec 1, 2022 IBRD-93370 Loan Disb 5,066,628.50
Dec 5, 2022 IBRD-93370 Loan Disb 2,000,000.00
Apr 12, 2023 IBRD-93370 Loan Disb 7,924,125.00
Feb 15, 2023 IBRD-93370 Int Charges 1,007.08
Feb 15, 2023 IBRD-93370 Int Charges 283,821.94
May 8, 2023 IBRD-93370 Loan Disb 4,942,117.00
Mar 2, 2023 IBRD-93370 Loan Disb 4,733,316.00
Aug 15, 2023 IBRD-93370 Int Charges 167,450.80
Aug 15, 2023 IBRD-93370 Int Charges 1,314,743.40
Feb 15, 2023 IBRD-93370 Int Charges 1,007.08
Feb 15, 2023 IBRD-93370 Int Charges 648,648.90
Sep 15, 2023 IBRD-93370 Loan Disb 6,728,029.00
Aug 22, 2023 IBRD-93370 Loan Disb 6,234,248.50
Aug 15, 2023 IBRD-93370 Int Charges 29,509.76
Aug 15, 2023 IBRD-93370 Int Charges 87,740.87
Jul 18, 2023 IBRD-93370 Loan Disb 144,420.98

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Moderately Satisfactory 2024-09-12
Project Management Moderately Satisfactory 2024-09-12
Overall Implementation Progress (IP) Satisfactory 2024-09-12
Progress towards achievement of PDO Satisfactory 2024-09-12
Monitoring and Evaluation Satisfactory 2024-09-12
Financial Management Moderately Satisfactory 2024-09-12

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.