Accelerating Inclusive Jobs Growth for Youth in Nepal (WB-P160696)

Countries
  • Nepal
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
Proposed
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.
Borrower
Goverment of Nepal
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 150.00 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)
$ 150.00 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 Nov 26, 2018

Disclosed by Bank Feb 12, 2018


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Project Description

According to the bank website, "to create quality jobs and enhance labor market outcomes for youth.

Key Results

(1) Number of youth (disaggregated by gender) provided with employment services through the project.

(2) Number and percent of youth (disaggregated by gender) supported by the project who take up a training, fellowship, or employment opportunity within six months of registration

(3) Number of (direct and indirect) sustainable jobs created by firms supported by the project."

Investment Description
  • World Bank (WB)
Contact Information
World Bank
Jasmine Rajbhandary, David Ian Walker
Sr Social Protection Specialist
 
Borrower/Client/Recipient
Ministry of Finance
Shree
Krishna Nepal
Chief, International Economic Cooperation Coordination Divis
 
Implementing Agencies
Ministry of Labor, Employment and Social Security
Mahesh Prasad Dahal
Secretary
maheshdahal19@gmail.com

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