‘Youth, Technology and Jobs’ project provides 2,777 jobs since its implementation

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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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