Philippines: Facilitating Youth School-to-Work Transition Program (Subprogram 3)

Sovereign Project | 49117-004

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, 2017 2022. 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 Name Facilitating Youth School-to-Work Transition Program (Subprogram 3)
Project Number 49117-004
Country Philippines
Project Status Active
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 4089-PHI: Facilitating Youth School-to-Work Transition Program (Subprogram 3)
Ordinary capital resources US$ 400.00 million
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Education / Technical and vocational education and training

Public sector management / Economic affairs management

Gender Equity and Mainstreaming 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, 2017 2022. 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 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 2021 2022 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
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
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
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
DOF Building
Bangko Sentral ng Pilipinas Complex
Roxas Blvd., Manila, Philippines
Timetable
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
Approval Signing Date Effectivity Date Closing
Original Revised Actual
26 Jul 2021 13 Aug 2021 21 Sep 2021 31 Aug 2022 - -
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 400.00 Cumulative Contract Awards
ADB 400.00 18 Nov 2021 0.00 0.00 0%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 18 Nov 2021 400.00 0.00 100%

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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.

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Evaluation Documents See also: Independent Evaluation

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Related Publications

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Tenders

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Contracts Awarded

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Procurement Plan

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