Additional Finance: Economic Opportunities for Jordanians and Syrian Refugees P4R (WB-P171172)

Countries
  • Jordan
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
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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
May 28, 2020
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
Ministry of Planning and Internatiopnal Cooperation
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 100.00 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)
$ 100.00 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS May 8, 2020

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

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.

According to bank documents, the project objective is to improve Economic Opportunities for Jordanians and Syrian refugees in Jordan. This is meant to be achieved through:

a) Improving formality and working conditions
b) Improving access to digital finance
c) Improving women economic opportunities through the care economy and better social norms
d) Improving export competitiveness 

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.

World Bank:

Name : Meriem Ait Ali Slimane
Designation : Senior Private Sector Specialist
Role : Team Leader(ADM Responsible)
Telephone No : 5220+85950
Email : maitalislimane@worldbank.org

Borrower:
Borrower : Ministry of Planning and Internatiopnal Cooperation -Jordan
Contact : Ms. Zeina Toukan
Title : Director of International Cooperation
Telephone No : 962 64634511
Email : zeina.toukan@mop.gov.jo

Implementing Agencies:
Implementing Agency : Ministry of Labor
Contact : Farouk Al Hadidi
Title : Secretary General
Telephone No : 962 6 01 02 03 04
Email : haitham.alkhasawneh@MOL.GOV.J

Implementing Agency : Jordan Investment Commission
Contact : Faridon Hartouqa
Title : Secretary General
Telephone No : 962 65608416
Email : fhartoqa@jic.gov.jo

Implementing Agency : Ministry of Industry and Trade
Contact : Youssef Al Chamali Title : Secretary General
Telephone No : 9621111111 Email : sg@mits.gov.jo

Implementing Agency : Greater Amman Municipality
Contact : Ali Al Hadidi
Title : Head of Vocational Licensing Department
Telephone No : 9621111111
Email : alihadidi@gam.jo

Implementing Agency : Jordan National Commission on Women
Implementing Agency : Ministry of Local Administration
Implementing Agency : Central Bank of Jordan
Implementing Agency : Ministry of Social Development

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