Mongolia Employment Support Project (WB-P159215)

Countries
  • Mongolia
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
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
Apr 27, 2017
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 Mongolia
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 25.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 29.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Jul 26, 2017

Disclosed by Bank Nov 2, 2016


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Project Description
The development objective of Employment Support Project for Mongolia is to provide jobseekers and micro-entrepreneurs in Mongolia with improved access to labor market opportunities. This project has three components. 1) The first component, Supporting client-centric public employment services, aims to address job-search constraints related to incomplete information and poor labor market transparency by supporting client-centric public employment services. 2) The second component, Strengthening select active labor market programs, aims to strengthen the design, relevance, and demand orientation of select active labor market programs. It has three subcomponents as follows: a) Integrated employment training program; b) Support for micro-entrepreneurs; and c) Employment promotion piloting program. 3) The third component, Facilitating labor market monitoring and analysis and project management, aims to enhance the scope, quality, and availability of labor market information for institutional and individual users, to allow them to make informed decisions. It has two subcomponents as follows: a) Labor market monitoring and analysis; and b) Project management and monitoring.
Investment Description
  • World Bank (WB)
Contact Information
Ministry of Labor and Social Protection Arildiipurev Ts. Director, External Cooperations Division, Public Administrat arildiipurev@mlsp.gov.mn 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.