Support for the Nationwide Rollout of JobStart Philippines (ADB-49117-001)

Countries
  • Philippines
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 30, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of the Philippines, Department of Labor and Employment
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 6, 2017

Disclosed by Bank Nov 19, 2015


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Project Description
According to bank documents, in December 2014, the Philippine Department of Labor and Employment (DOLE) asked the Asian Development Bank (ADB) for technical assistance (TA) to support the national rollout of the JobStart Philippines (JSP) pilot project, which aims to assist out-of-school youth find employment. The TA supports the public sector management pillar of the country partnership strategy, 2011–2016 and the employment generation pillar of the draft country operations business plan, 2016–2018. It is designed as part of a programmatic approach to help address part of the youth employment problem. The impact will be increased youth employment rates. The outcome will be JSP rollout by DOLE and PESOs commenced. This will be measured by 24 LGUs having signed memorandums of agreement with DOLE and fully implementing JSP by December of 2021, with more than 15,000 out-of-school youths accessing JSP in the 24 LGUs from 2015 to 2020.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Boothe, Robert A. Southeast Asia Department No contact information provided at the time of disclosure. ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main