Philippines : Facilitating Youth School-to-Work Transition Program (Subprogram 3)
The proposed loan for $300 million loan represents the third subprogram of the Facilitating Youth School-to-Work Transition Program programmatic approach. It will help the government increase the income earning ability of Filipino youth consistent with the Philippine Development Plan, 20172022. Subprogram 3 comprises three reform areas:
(i) improving public employment facilitation services; (ii) enhancing skills development and training systems; and (iii) strengthening labor market policies.
Project Details
-
Project Officer
Schuster, Stephen R.
Southeast Asia Department
Request for information -
Country/Economy
Philippines -
Sector
- Public sector management
Project Name | Facilitating Youth School-to-Work Transition Program (Subprogram 3) | ||||
Project Number | 49117-004 | ||||
Country / Economy | Philippines |
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Project Status | Closed | ||||
Project Type / Modality of Assistance | Loan |
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Source of Funding / Amount |
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Operational Priorities | OP1: Addressing remaining poverty and reducing inequalities OP2: Accelerating progress in gender equality OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability OP6: Strengthening governance and institutional capacity |
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Sector / Subsector |
Education / Technical and vocational education and training Public sector management / Economic affairs management |
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Gender | Gender equity | ||||
Description | The proposed loan for $300 million loan represents the third subprogram of the Facilitating Youth School-to-Work Transition Program programmatic approach. It will help the government increase the income earning ability of Filipino youth consistent with the Philippine Development Plan, 20172022. Subprogram 3 comprises three reform areas: (i) improving public employment facilitation services; (ii) enhancing skills development and training systems; and (iii) strengthening labor market policies. |
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Project Rationale and Linkage to Country/Regional Strategy | Subprogram 3 deepens the reforms to provide better employment opportunities for the youth, while incorporating innovative features to address the broader challenges to the labor market caused by the unprecedented community quarantine measures used to control the COVID-19 pandemic. A post-program partnership framework (P3F) for 20212022 has been included to ensure that the reforms are sustainable and to provide a foundation for the next program on post-COVID-19 business and employment recovery planned for 2022. | ||||
Impact | Wage employment rate for the country's youth increased |
Project Outcome | |
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Description of Outcome | School-to-work transition period for youth shortened |
Progress Toward Outcome | |
Implementation Progress | |
Description of Project Outputs | Improved public employment facilitation services Enhanced skills development and training systems Strengthened labor market policies |
Status of Implementation Progress (Outputs, Activities, and Issues) | |
Geographical Location | Nation-wide |
Safeguard Categories | |
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Environment | C |
Involuntary Resettlement | C |
Indigenous Peoples | C |
Summary of Environmental and Social Aspects | |
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Environmental Aspects | The program is not expected to have any environmental impacts. |
Involuntary Resettlement | The program is not expected to have any activities involving involuntary resettlement. |
Indigenous Peoples | The program has no potential impact to the indigenous peoples. |
Stakeholder Communication, Participation, and Consultation | |
During Project Design | |
During Project Implementation |
Responsible ADB Officer | Schuster, Stephen R. |
Responsible ADB Department | Southeast Asia Department |
Responsible ADB Division | Public Management, Financial Sector and Trade Division, SERD |
Executing Agencies |
Department of Finance |
Timetable | |
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Concept Clearance | 09 Feb 2016 |
Fact Finding | 19 Oct 2020 to 02 Mar 2021 |
MRM | 12 May 2021 |
Approval | 26 Jul 2021 |
Last Review Mission | - |
Last PDS Update | 27 Jul 2021 |
Loan 4089-PHI
Milestones | |||||
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Approval | Signing Date | Effectivity Date | Closing | ||
Original | Revised | Actual | |||
26 Jul 2021 | 13 Aug 2021 | 21 Sep 2021 | 31 Aug 2022 | - | 31 Aug 2022 |
Financing Plan | Loan Utilization | ||||
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Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
Project Cost | 400.00 | Cumulative Contract Awards | |||
ADB | 400.00 | 07 Sep 2022 | 400.00 | 0.00 | 100% |
Counterpart | 0.00 | Cumulative Disbursements | |||
Cofinancing | 0.00 | 07 Sep 2022 | 400.00 | 0.00 | 100% |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
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Title | Document Type | Document Date |
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Loan Agreement (Ordinary Operations) for Loan 4089-PHI: Facilitating Youth School-to-Work Transition Program (Subprogram 3) | Loan Agreement (Ordinary Resources) | Aug 2021 |
Facilitating Youth School-to-Work Transition Program (Subprogram 3): Report and Recommendation of the President | Reports and Recommendations of the President | Jul 2021 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
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Tenders
Contracts Awarded
Procurement Plan
None currently available.