AMMAN — The
World Bank said this week that
the “Youth, Technology and Jobs Project”, which it funds in Jordan, has partnered
with 25 companies in a salary support program providing 849 job opportunities,
Al-Mamlaka TV reported.
اضافة اعلان
In a statement the bank said that the project, which
aims to improve opportunities for generating income based on digitization, will
also provide 262 additional jobs in the coming months.
The project, which was launched by the bank in
cooperation with the
Ministry of Digital Economy and Entrepreneurship, entered
into a partnership with 26 companies in the “Expansion and Market Access”
program to create 979 new jobs. It also worked with six civil society
organizations in the “GIG” program to provide at least 687 income opportunities
of self-employment for Jordanian and Syrian youth and women in disadvantaged
local communities, where the total achieved from the project is about 2,777 job
opportunities.
Funding for the project came through a contribution
of $163.1 million from the International Bank for Reconstruction and
Development and a grant of $36.9 million from the Global Concessional Financing
Facility.
To date, the World Bank has transferred $15 million
to the project in several payments. The Board of Directors of the World Bank
Group, approved, in March 2020, financing of $200 million to improve Jordanian
youth’s access to jobs, and expand government digital services.
According to a
previous evaluation report, the bank said that the project “succeeded in
creating sources of growth in the Jordanian economy,” adding that the World
Bank project team praised the work of the project management unit for its
progress during the past six months. “The project succeeded in creating sources
of growth in the economy, which are important in supporting the recovery of
Jordan’s economy, creating jobs and/or income opportunities, and increasing
revenues from technology-based activities,” according to the report.
In a previous evaluation report, the bank indicated
that the Ministry of Digital Economy and Entrepreneurship, in partnership with
the Ministries of Education and Labor, had made “good progress towards implementing
the project’s activities.”
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