Youth Economic Inclusion Project (WB-P158138)

Countries
  • Tunisia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Sep 11, 2017
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
GOVERNMENT OF TUNISIA
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 60.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 60.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Sep 29, 2017

Disclosed by Bank Sep 20, 2016


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
The objective of the Youth Economic Inclusion Project for Tunisia is to improve economic opportunities for targeted disadvantaged youth in the selected Governorates of the Borrower. There are three components to the project, the first component being identifying and connecting target youth to jobs. This component aims to identify and provide tailored services to selected target youth to facilitate their transitions from unemployment and inactivity into wage or self-employment, or to help them move from low to higher quality jobs (including from informal to formal). This component includes two subcomponents: carrying out of program intake and profiling of target youth, and providing tailored services for connecting target youth to jobs. The second component is the supporting job creation. This component aims to help the private sector realize its potential in creating jobs by: (a) supporting the development of value chains that have a high potential of job creation, and (b) supporting selected target youth in the creation and development of their micro-projects. This component includes two subcomponents: supporting the development of value chains with high job creation potential, and supporting the creation of micro enterprises. Finally, the third component is the building effective and accountable program delivery. This component includes four subcomponents: developing a management information system and other information and communications technology solutions for data-sharing and accountability, creating capacity-building and communications with stakeholders, building results-orientation and service delivery accountability, and project implementation support.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
Ministry of Professional Training and Employment Faiza Kallel DG of Employment Promotion Department faiza.kallel@gmail.com Mohsen Bentouati Director of Employment Promotion Department mohsen.bentouati@gmail.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

How it works

How it works