| Financier | Commitments |
|---|---|
| Urban Productive Safety Net Program Multi-Donor Trust Fund | 52.00 |
| Forced Displacement Trust Fund | 6.00 |
Additional Financing-The Urban Productive Safety Net and Jobs Project
Abstract*
Ethiopia has been one of the world’s fastest-growing economies over the past ten years, making important strides in poverty reduction, but significant progress remains to be made. Gross domestic product (GDP) grew at an average annual rate of approximately 10 percent between 2007 and 2019, and this strong growth translated into substantial poverty reduction. However, despite the progress made, Ethiopia remains among the world’s poorest countries with... Show More
Development Objective
The project will support the Government of Ethiopia (GoE) in improving the incomes of the urban poor and the labor market inclusion of disadvantaged urban youth.
Key Details
Project Details
P177654
Active
Ayuba Hussein , Suleiman Namara
FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA
May 25, 2022
(as of board presentation)
July 29, 2022
N/A
US$ 58.00 million
Ministry of Women and Social Affairs,Ministry of Labor and Skills,Ministry of Urban Development and Infrastructure
2023
US$ 58.00 million
N/A
January 17, 2024
December 31, 2027
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 58.00 |
| Total Project Cost** | 58.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Results Framework
No data available.