| Financier | Commitments |
|---|---|
| IDA Credit | 300.00 |
| Borrower/Recipient | 10.00 |
Economic Acceleration and Resilience for NEET (EARN)
Abstract*
The proposed project will contribute to reducing the share of NEET youth population in selected rural areas and help Bangladesh to establish a women-centric holistic system for addressing NEET youth challenges in accessing skills development, education and labor market opportunities for wage and self-employment. First, the project will create and facilitate access to relevant skills development as well as continuing or second-chance education for... Show More
Development Objective
The project development objective is to (i) increase access to education and skills training, and promote employability of the NEETyouth, especially for women, in selected rural areas of Bangladesh, and (ii) in case of an Eligible Crisis or Emergency, respond promptly and effectively to it.
Key Details
Project Details
P178077
Active
Syed Al-Zayed , Sabah Moyeen
People's Republic of Bangladesh
July 22, 2022
(as of board presentation)
June 29, 2023
September 13, 2023
US$ 467.00 million
Ministry of Youth and Sports
2023
US$ 300.00 million
N/A
Moderate
December 31, 2028
Yes
BANK APPROVED
May 29, 2023
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** | 467.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 15, 2024 | IDA-73640 | Int Charges | 68,894.83 |
| Jun 15, 2024 | IDA-73640 | Int Charges | 68,894.83 |
| Jun 29, 2023 | IDA-73640 | Loan Commitment | 300,000,000.00 |
| Jan 18, 2024 | IDA-73640 | Loan Disb | 22,727,272.00 |
| Jun 15, 2024 | IDA-73640 | Int Charges | 114,650.42 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-11-21 |
| Financial Management | Moderately Satisfactory | 2024-11-21 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-11-21 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-11-21 |
| Procurement | Moderately Satisfactory | 2024-11-21 |
| Project Management | Moderately Satisfactory | 2024-11-21 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.