Argentina Youth Employment Support Project

Abstract*

The development objective of the Youth Employment Support Project for Argentina is to improve access of vulnerable youth population to labor markets, increasing their employability by supporting the expansion and strengthening of government employment programs. To achieve its objectives, the project will support activities through three components: i) improvement of quality of orientation and training services offered to JMyMT Program participants... Show More

Development Objective

The development objective of the proposed Project is to improve access of vulnerable youth population to labor markets, increasing their employability by supporting the expansion and strengthening of Government employment programs.

Key Details

Project Details

Project ID
P133129
Status
Closed
Team Leader
Marcela Salvador
Borrower 2
Argentine Republic

Country
Argentina
Disclosure Date
June 26, 2013
Approval Date
(as of board presentation)
January 15, 2015
Effective Date
May 7, 2015

Total Project Cost 1
US$ 767.00 million
Implementing Agency
Ministry of Labor, Employment and Social Security
Region
Latin America and Caribbean
Fiscal Year 3
2015

Commitment Amount
US$ 425.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
July 31, 2021

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Last Update Date
September 12, 2023

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Human Development and Gender

FY17 - Education12%
- FY17 - Access to Education3%
- FY17 - Science and Technology3%
- FY17 - Standards, Curriculum and Textbooks3%
- FY17 - Teachers3%
FY17 - Labor Market Policy and Programs54%
- FY17 - Active Labor Market Programs27%
- FY17 - Labor Market Institutions27%

FY17 - Private Sector Development

FY17 - Jobs100%

FY17 - Social Development and Protection

FY17 - Social Inclusion33%
- FY17 - Indigenous People and Ethnic Minorities11%
- FY17 - Other Excluded Groups11%
- FY17 - Participation and Civic Engagement11%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	425.00
Borrower/Recipient	342.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	425.00
IDA Commitment	N/A
IBRD + IDA Commitment	425.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	767.00

Summary Status of World Bank Financing (US$ Millions) as of May 31, 2025

No data available.

Detailed Financial Activity as of May 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Jul 23, 2020	IBRD-84640	Loan Disb	2,219,988.20
Oct 23, 2020	IBRD-84640	Loan Disb	2,948,494.50
Sep 18, 2020	IBRD-84640	Loan Disb	2,959,629.50
Jul 24, 2020	IBRD-84640	Loan Disb	9,226,664.00
Aug 18, 2020	IBRD-84640	Loan Disb	2,829,632.00
Jul 6, 2020	IBRD-84640	Loan Disb	5,338,250.00
Dec 15, 2022	IBRD-84640	Loan Repay	2,256,856.20
Dec 15, 2022	IBRD-84640	Int Charges	18,488.30
Dec 15, 2022	IBRD-84640	Loan Repay	640,106.75
Dec 15, 2022	IBRD-84640	Loan Repay	5,433,037.00
Dec 15, 2022	IBRD-84640	Int Charges	83,752.93
Jul 23, 2021	IBRD-84640	Loan Disb	6,427,726.00
Jul 15, 2021	IBRD-84640	Loan Disb	1,640,405.50
Jun 25, 2021	IBRD-84640	Loan Disb	1,103,859.90
Aug 12, 2021	IBRD-84640	Loan Disb	1,525,904.00
Nov 2, 2021	IBRD-84640	Loan Disb	5,887,554.00
Jun 15, 2022	IBRD-84640	Int Charges	2,845,757.80
Jun 15, 2022	IBRD-84640	Int Charges	2,485.60
Jun 15, 2022	IBRD-84640	Int Charges	11,895.05
Nov 10, 2021	IBRD-84640	Loan Disb	3,135,268.50
Jun 15, 2022	IBRD-84640	Loan Repay	8,318,105.00
Jun 15, 2022	IBRD-84640	Loan Repay	11,895.05
Jun 15, 2022	IBRD-84640	Int Charges	9,409.45
Dec 15, 2020	IBRD-84640	Int Charges	57,693.10
Dec 15, 2020	IBRD-84640	Loan Disb	2,964,101.20
Dec 15, 2020	IBRD-84640	Int Charges	57,693.10
Dec 15, 2020	IBRD-84640	Int Charges	2,649,957.80
Dec 1, 2020	IBRD-84640	Loan Disb	2,924,947.00
Apr 8, 2021	IBRD-84640	Loan Disb	4,024,629.20
Jun 1, 2021	IBRD-84640	Loan Disb	7,845,212.50
Jun 15, 2021	IBRD-84640	Int Charges	35,396.05
Jun 15, 2021	IBRD-84640	Int Charges	6,377.29
Jun 15, 2021	IBRD-84640	Int Charges	36,743.18
Jun 15, 2021	IBRD-84640	Int Charges	2,460,235.80
Jun 15, 2021	IBRD-84640	Int Charges	1,347.13
Dec 15, 2019	IBRD-84640	Int Charges	120,948.22
Dec 15, 2019	IBRD-84640	Int Charges	120,948.22
Dec 15, 2019	IBRD-84640	Int Charges	5,414,988.50
Jun 22, 2020	IBRD-84640	Loan Disb	32,368,580.00
Jun 15, 2020	IBRD-84640	Int Charges	8,146.25
Jun 15, 2020	IBRD-84640	Int Charges	4,825,771.00
Jun 15, 2020	IBRD-84640	Int Charges	605.02
Jun 15, 2020	IBRD-84640	Int Charges	7,541.23
Jun 15, 2020	IBRD-84640	Int Charges	111,097.65
Dec 15, 2016	IBRD-84640	Int Charges	3,520.80
Dec 15, 2016	IBRD-84640	Int Charges	2,135.70
Dec 15, 2016	IBRD-84640	Int Charges	1,274,178.20
Dec 1, 2016	IBRD-84640	Loan Disb	3,376,510.00
Dec 15, 2016	IBRD-84640	Int Charges	354,622.84
Sep 6, 2016	IBRD-84640	Loan Disb	1,777,970.20
Sep 23, 2016	IBRD-84640	Loan Disb	3,122,555.20
Dec 28, 2016	IBRD-84640	Loan Disb	42,500,000.00
Jun 8, 2016	IBRD-84640	Loan Disb	3,605,382.00
Oct 27, 2016	IBRD-84640	Loan Disb	3,173,566.00
Dec 15, 2016	IBRD-84640	Int Charges	639.37
Aug 18, 2016	IBRD-84640	Loan Disb	1,416,524.10
Dec 15, 2015	IBRD-84640	Int Charges	514,355.40
Dec 15, 2015	IBRD-84640	Int Charges	429,745.78
Dec 15, 2015	IBRD-84640	Int Charges	1,397.08
Sep 22, 2015	IBRD-84640	Loan Disb	854,848.90
Sep 24, 2015	IBRD-84640	Loan Disb	12,724,948.00
Sep 21, 2015	IBRD-84640	Loan Disb	5,795,196.00
Jul 20, 2016	IBRD-84640	Loan Disb	968,759.56
Dec 15, 2023	IBRD-84640	Int Charges	4,949,707.50
Dec 15, 2023	IBRD-84640	Loan Repay	8,330,000.00
Jun 15, 2024	IBRD-84640	Int Charges	79,535.45
Jun 15, 2024	IBRD-84640	Int Charges	13,527,234.00
Jun 15, 2024	IBRD-84640	Loan Repay	8,330,000.00
Jan 15, 2015	IBRD-84640	Loan Commitment	425,000,000.00
Jun 15, 2023	IBRD-84640	Loan Repay	8,330,000.00
Jun 15, 2023	IBRD-84640	Int Charges	533,092.75
Jun 15, 2023	IBRD-84640	Int Charges	7,796,907.50
Jun 15, 2023	IBRD-84640	Int Charges	3,910,263.50
Dec 15, 2023	IBRD-84640	Int Charges	217,155.60
Dec 15, 2023	IBRD-84640	Int Charges	8,112,844.50
Dec 15, 2021	IBRD-84640	Int Charges	752.28
Dec 15, 2021	IBRD-84640	Int Charges	11,515.64
Dec 15, 2021	IBRD-84640	Int Charges	2,471,524.50
Dec 15, 2021	IBRD-84640	Int Charges	10,763.36
Dec 15, 2021	IBRD-84640	Int Charges	3,061.36
Dec 15, 2022	IBRD-84640	Int Charges	5,657,827.00
Dec 15, 2022	IBRD-84640	Int Charges	27,828.22
Dec 15, 2022	IBRD-84640	Int Charges	2,576,322.00
Dec 27, 2016	IBRD-84640	Loan Disb	3,998,851.50
Jul 24, 2015	IBRD-84640	Loan Disb	12,386,656.00
May 7, 2015	IBRD-84640	Loan Disb	1,062,500.00
May 7, 2015	IBRD-84640	Fee Charges	1,062,500.00
Jul 21, 2015	IBRD-84640	Loan Disb	66,511,292.00
Oct 29, 2015	IBRD-84640	Loan Disb	4,517,509.00
Aug 20, 2015	IBRD-84640	Loan Disb	5,960,861.50
Nov 20, 2015	IBRD-84640	Loan Disb	8,001,442.00
Jul 24, 2015	IBRD-84640	Loan Disb	3,883,432.80
Dec 15, 2015	IBRD-84640	Int Charges	1,427.29
Oct 21, 2019	IBRD-84640	Loan Disb	1,606,051.80
Dec 15, 2018	IBRD-84640	Int Charges	193,643.81
Dec 15, 2018	IBRD-84640	Int Charges	193,643.81
Dec 15, 2018	IBRD-84640	Int Charges	4,559,709.00
Dec 19, 2018	IBRD-84640	Loan Disb	42,495,132.00
Dec 10, 2018	IBRD-84640	Loan Disb	8,244,771.50
Nov 20, 2018	IBRD-84640	Loan Disb	5,898,303.50
Jun 15, 2019	IBRD-84640	Int Charges	6,310,518.00
Jun 15, 2019	IBRD-84640	Int Charges	122,053.27
Jun 15, 2019	IBRD-84640	Int Charges	1,292.34
Jun 15, 2019	IBRD-84640	Int Charges	16,894.45
Jun 15, 2019	IBRD-84640	Int Charges	122,053.27
Dec 15, 2017	IBRD-84640	Int Charges	288,171.06
Dec 15, 2017	IBRD-84640	Int Charges	2,057,807.50
Dec 15, 2017	IBRD-84640	Int Charges	288,171.06
Jun 15, 2018	IBRD-84640	Int Charges	3,672,501.00
Jun 15, 2018	IBRD-84640	Int Charges	3,946.32
Jun 15, 2018	IBRD-84640	Int Charges	192,739.06
Jun 15, 2018	IBRD-84640	Int Charges	458.25
Jun 15, 2018	IBRD-84640	Int Charges	3,946.32
Jul 25, 2018	IBRD-84640	Loan Disb	2,222,644.50
Sep 12, 2018	IBRD-84640	Loan Disb	2,923,672.50
Jun 15, 2017	IBRD-84640	Int Charges	291,080.53
Jun 15, 2017	IBRD-84640	Int Charges	8,810.03
Jun 15, 2017	IBRD-84640	Int Charges	291,080.53
Jun 15, 2017	IBRD-84640	Int Charges	1,847,702.50
Jun 15, 2017	IBRD-84640	Int Charges	1,385.10
Dec 1, 2017	IBRD-84640	Loan Disb	1,956,420.40
Dec 1, 2017	IBRD-84640	Loan Disb	2,822,496.00
Dec 11, 2017	IBRD-84640	Loan Disb	21,171,306.00
Dec 12, 2017	IBRD-84640	Loan Disb	42,499,980.00
Dec 26, 2017	IBRD-84640	Loan Disb	3,060,954.80
Jun 15, 2016	IBRD-84640	Int Charges	2,824.37
Jun 15, 2016	IBRD-84640	Int Charges	11,722.75
Jun 15, 2016	IBRD-84640	Int Charges	378,583.75
Jun 15, 2016	IBRD-84640	Int Charges	66,405.03
Jun 15, 2016	IBRD-84640	Int Charges	64,000.72
Jun 15, 2016	IBRD-84640	Int Charges	281,912.47
Jun 15, 2016	IBRD-84640	Int Charges	376,398.75
Jun 15, 2016	IBRD-84640	Int Charges	201,099.02
Jun 7, 2016	IBRD-84640	Loan Disb	994,854.44
Jun 7, 2016	IBRD-84640	Loan Disb	1,703,967.00
Jun 7, 2016	IBRD-84640	Loan Disb	974,976.10
Jun 7, 2016	IBRD-84640	Loan Disb	1,072,135.00
Jun 8, 2016	IBRD-84640	Loan Disb	4,342,681.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Moderately Unsatisfactory	2021-07-31
Procurement	Satisfactory	2021-07-31
Project Management	Moderately Satisfactory	2021-07-31
Counterpart Funding	Satisfactory	2021-07-31
Financial Management	Moderately Satisfactory	2021-07-31
Monitoring and Evaluation	Satisfactory	2021-07-31
Overall Implementation Progress (IP)	Moderately Satisfactory	2021-07-31

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 01-10-2022
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW:	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance	Not Rated	N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Beneficiaries of Labor Market programs (number) Value 660000.00 1471462.00 840000.00
Date December 31, 2014 July 31, 2021
Comment
Beneficiaries of Labor Market programs - Employment services agencies (number) Value 630000.00 1389000.00 850000.00
Date December 31, 2014 July 31, 2021
Comment
Beneficiaries of Labor Market programs - Female (number) Value 347160.00 777966.00 441840.00
Date December 31, 2014 July 31, 2021
Comment
Beneficiaries of Labor Market programs - Training and re-training (number) Value 330000.00 685446.00 630000.00
Date December 31, 2014 July 31, 2021
Comment
Percentage of JMyMT program participants who have left the program and are employed in the formal market. Value 25.20 20.60 24.00
Date December 31, 2014 July 31, 2021 May 28, 2020
Comment
Percentage of JMyMT program participants who have left the program and are employed in the formal market - Female. Value 16.00 13.50 19.00
Date December 31, 2014 July 31, 2021 May 28, 2020
Comment
Number of Employment Offices obtainin at least 150 outputs in the last 12 months Value 60.00 159.00 140.00
Date December 31, 2014 July 31, 2021 February 8, 2018
Comment
The formal labor market insertion rate of participants is at least 20% higher than the comparison group Value 20.00 527.00 0.00
Date March 28, 2020 July 31, 2021
Comment
The formal labor market insertion rate of participants is at least 20% higher than the comparison group -Female Value 20.00 665.00 0.00
Date March 28, 2020 July 31, 2021
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of Professional Training Institutions Certified Value 150.00 250.00 215.00
Date December 31, 2014 July 31, 2021
Comment
Number of Program participants that joined a Labor Orientation Workshop since effectiveness Value 0.00 481235.00 380000.00
Date December 31, 2014 July 31, 2021 February 8, 2018
Comment
Number of Program participants that have been placed in a formal job by an EO since effectiveness Value 0.00 32045.00 25000.00
Date December 31, 2014 July 31, 2021 February 8, 2018
Comment
Number of Program participants that took a professional training course since effectiveness Value 0.00 93185.00 91500.00
Date December 31, 2014 July 31, 2021 February 8, 2018
Comment
Number of female Program participants that have been placed in a formal job by an EO since effectiveness. Value 0.00 11616.00 10000.00
Date December 31, 2014 July 31, 2021 February 8, 2018
Comment
Number of Program participants that joined an on-the-job training activity in the private sector since effectiveness Value 0.00 162294.00 85000.00
Date December 31, 2014 July 31, 2021 February 8, 2018
Comment
Number of Program participants that have been enrolled in an Employment Club by the EO since effectiveness Value 0.00 131012.00 70000.00
Date December 31, 2014 July 31, 2021 February 8, 2018
Comment

Number of Program participants that have been enrolled in a professional training course by the EO since effectiveness	Value	0.00	53056.00	46500.00
	Date	December 31, 2014	July 31, 2021	February 8, 2018
	Comment

Beneficiaries of Labor Market programs (number)	Value	660000.00	1471462.00	840000.00
	Date	December 31, 2014	July 31, 2021
	Comment

Beneficiaries of Labor Market programs - Employment services agencies (number)	Value	630000.00	1389000.00	850000.00
	Date	December 31, 2014	July 31, 2021
	Comment

Beneficiaries of Labor Market programs - Female (number)	Value	347160.00	777966.00	441840.00
	Date	December 31, 2014	July 31, 2021
	Comment

Beneficiaries of Labor Market programs - Training and re-training (number)	Value	330000.00	685446.00	630000.00
	Date	December 31, 2014	July 31, 2021
	Comment

Percentage of JMyMT program participants who have left the program and are employed in the formal market.	Value	25.20	20.60	24.00
	Date	December 31, 2014	July 31, 2021	May 28, 2020
	Comment

Percentage of JMyMT program participants who have left the program and are employed in the formal market - Female.	Value	16.00	13.50	19.00
	Date	December 31, 2014	July 31, 2021	May 28, 2020
	Comment

Number of Employment Offices obtainin at least 150 outputs in the last 12 months	Value	60.00	159.00	140.00
	Date	December 31, 2014	July 31, 2021	February 8, 2018
	Comment

The formal labor market insertion rate of participants is at least 20% higher than the comparison group	Value	20.00	527.00	0.00
	Date	March 28, 2020	July 31, 2021
	Comment

Number of Professional Training Institutions Certified	Value	150.00	250.00	215.00
	Date	December 31, 2014	July 31, 2021
	Comment