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Technology for Youth and Jobs Additional Financing

Abstract*

The project creates new market opportunities for the Palestinian IT services sector by strengthening the supply and demand, providing it with a supportive business infrastructure, and by enabling access to markets and investments. The additional financing will scale up all existing components of the project. No additional geographical locations will be covered under the AF.Component 1: Improving IT service capabilitiesThe AF will increase the funding...

* 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

To increase economic opportunities for IT service firms in the West Bank and Gaza.

Key Details

Project Details

  • P180570

  • Active

  • Zackaria Sabella , Karen Grigorian

  • The Palestine Liberation Organization (for the benefit of the Palestinian Authority)

  • West Bank and Gaza

  • January 23, 2023

  • (as of board presentation)

    March 10, 2023

  • N/A

  • US$ 17.95 million

  • N/A

  • Not Applicable

  • October 30, 2028

  • Yes

  • BANK APPROVED

  • P172571

  • August 9, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Trust Funds 2.95
Special Financing 15.00

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 17.95
Total Project Cost** 15.55

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

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

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.