| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 150.00 |
Promoting Job Opportunities and Skills Development in El Salvador
Abstract*
The objective of the Promoting Job Opportunities and Skills Development Project is to improve access to employment opportunities and skills development of selected vulnerable groups of El Salvador, and in case of an eligible crisis or emergency, respond promptly and effectively to it. There are five components to the project, the first component being aims to improve access to and delivery of demand-driven skills, promote entry to private sector jobs... Show More
Development Objective
The project development objective is to facilitate access to employment opportunities and promote skills development of selected groups.
Key Details
Project Details
P179829
Active
Nancy Banegas Raudales
Republic of El Salvador
January 10, 2023
(as of board presentation)
November 28, 2023
August 2, 2024
US$ 150.00 million
Ministry of Economy
2024
US$ 150.00 million
N/A
May 19, 2023
December 31, 2028
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 150.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 150.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 150.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Nov 28, 2023 | IBRD-96120 | Loan Commitment | 150,000,000.00 |
| Aug 2, 2024 | IBRD-96120 | Loan Disb | 375,000.00 |
| Aug 2, 2024 | IBRD-96120 | Fee Charges | 375,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Satisfactory | 2024-10-04 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-10-04 |
| Progress towards achievement of PDO | Satisfactory | 2024-10-04 |
| Project Management | Satisfactory | 2024-10-04 |
| Financial Management | Satisfactory | 2024-10-04 |
| Monitoring and Evaluation | Satisfactory | 2024-10-04 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.