The World Bank Implementation Status & Results Report Argentina Youth Employment Support Project (P133129) Argentina Youth Employment Support Project (P133129) LATIN AMERICA AND CARIBBEAN | Argentina | Social Protection & Jobs Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 13 | ARCHIVED on 05-Jan-2021 | ISR44910 | Implementing Agencies: Ministry of Labor, Employment and Social Security, Argentine Republic Key Dates Key Project Dates Bank Approval Date: 15-Jan-2015 Effectiveness Date: 07-May-2015 Planned Mid Term Review Date: 03-Jul-2017 Actual Mid-Term Review Date: 01-Jun-2017 Original Closing Date: 31-May-2018 Revised Closing Date: 31-Jul-2021 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) 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. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Improvement and Provision of Orientation and Training Services Offered to JMyMT Program Participants:(Cost $100.94 M) Coverage Consolidation of the JMyMT program:(Cost $262.77 M) Strengthening and Improving the Performance of the Network of Employment Offices:(Cost $60.23 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Unsatisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions Since effectiveness, the Project has disbursed US$390.45 million (92 percent of the total Loan) and has supported 1.24 million beneficiaries of Labor Market programs, of which 56 percent are women. Despite recent improvements in implementation, the Project continues facing challenges due COVID-19 restrictions. Some project activities and associated indicators have shown recent progress, particularly labor orientation and the training courses, provided virtually, and the re-initiation of the on-the-job training in agreement with the employers. 1/5/2021 Page 1 of 6 The World Bank Implementation Status & Results Report Argentina Youth Employment Support Project (P133129) The Ministry of Labor, Employment and Social Security, with World Bank support, continues exploring options to speed up implementation. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Substantial Substantial Macroeconomic -- Substantial Substantial Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and -- Moderate Moderate Sustainability Fiduciary -- Moderate Moderate Environment and Social -- Low Low Stakeholders -- Moderate Moderate Other -- Substantial Substantial Overall -- Substantial Substantial Results PDO Indicators by Objectives / Outcomes Improve access of vulnerable youth population to labor markets IN00935024 ►Beneficiaries of Labor Market programs (number) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 660,000.00 1,239,626.00 1,363,375.00 930,000.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 IN00935025 Beneficiaries of Labor Market programs - Employment services agencies (number) (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 630,000.00 1,325,480.00 1,379,509.00 965,000.00 1/5/2021 Page 2 of 6 The World Bank Implementation Status & Results Report Argentina Youth Employment Support Project (P133129) Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 IN00935076 Beneficiaries of Labor Market programs - Female (number) (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 347,160.00 698,202.00 718,092.00 489,180.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 IN00935077 Beneficiaries of Labor Market programs - Training and re-training (number) (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 330,000.00 662,740.00 665,640.00 780,000.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 IN00935078 ►Percentage of JMyMT program participants who have left the program and are employed in the formal market. (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 25.20 24.30 21.60 24.00 Date 31-Dec-2014 01-Oct-2019 30-Nov-2020 31-May-2021 The economy a contraction suffered during the last year and the COVID 19 restrictions are affecting the Comments: possibilities of improvements in access to employment. IN00935079 Percentage of JMyMT program participants who have left the program and are employed in the formal market - Female. (Percentage, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 16.00 14.90 15.00 19.00 Date 31-Dec-2014 01-Oct-2019 30-Nov-2020 31-May-2021 IN00935080 ►Number of Employment Offices obtainin at least 150 outputs in the last 12 months (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 60.00 115.00 112.00 140.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 IN00935081 ►The formal labor market insertion rate of participants is at least 20% higher than the comparison group (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 300.00 20.00 20.00 20.00 Date 30-Nov-2020 28-Feb-2020 28-Feb-2020 30-Jul-2021 1/5/2021 Page 3 of 6 The World Bank Implementation Status & Results Report Argentina Youth Employment Support Project (P133129) The insertion rate for the comparison group is 5.4% and for project participants is 21.6%, 16.2pp higher Comments: (300%) IN00935082 ►The formal labor market insertion rate of participants is at least 20% higher than the comparison group -Female (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 20.00 20.00 733.00 20.00 Date 28-Feb-2020 28-Feb-2020 30-Nov-2020 30-Jul-2021 Intermediate Results Indicators by Components Improvement and Provision of Orientation and Training Services Offered to JMyMT Program Participants IN00935083 ►Number of Professional Training Institutions Certified (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 150.00 242.00 250.00 230.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 IN00935086 ►Number of Program participants that took a professional training course since effectiveness (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 79,193.00 82,077.00 91,500.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 IN00935088 ►Number of Program participants that joined an on-the-job training activity in the private sector since effectiveness (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 126,875.00 134,443.00 85,000.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 Coverage Consolidation of the JMyMT program IN00935084 ►Number of Program participants that joined a Labor Orientation Workshop since effectiveness (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 389,123.00 414,275.00 380,000.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 1/5/2021 Page 4 of 6 The World Bank Implementation Status & Results Report Argentina Youth Employment Support Project (P133129) Strengthening and Improving the Performance of the Network of Employment Offices IN00935085 ►Number of Program participants that have been placed in a formal job by an EO since effectiveness (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 27,386.00 29,015.00 25,000.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 IN00935087 Number of female Program participants that have been placed in a formal job by an EO since effectiveness. (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 10,240.00 10,645.00 10,000.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 IN00935089 ►Number of Program participants that have been enrolled in an Employment Club by the EO since effectiveness (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 98,084.00 110,857.00 70,000.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 IN00935090 ►Number of Program participants that have been enrolled in a professional training course by the EO since effectiveness (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 44,423.00 46,325.00 46,500.00 Date 31-Dec-2014 29-May-2020 30-Nov-2020 31-Mar-2020 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P133129 IBRD-84640 Effective USD 425.00 425.00 0.00 393.41 31.59 93% Key Dates (by loan) 1/5/2021 Page 5 of 6 The World Bank Implementation Status & Results Report Argentina Youth Employment Support Project (P133129) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P133129 IBRD-84640 Effective 15-Jan-2015 16-Apr-2015 07-May-2015 31-May-2018 31-Jul-2021 Cumulative Disbursements PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History Level 2 Approved on 27-Oct-2016 ,Level 2 Approved on 06-Feb-2018 ,Level 2 Approved on 12-May-2020 Related Project(s) There are no related projects. 1/5/2021 Page 6 of 6