WB Approves $400m for Productive Safety Net, Jobs

Oct 3 , 2020

The board of executives of the World Bank Group have green-lighted a 400-million-dollar grant to the government of Ethiopia for the Urban Productive Safety Net and jobs projects. Of the total grant, 50 million dollars is from the Window for Host Communities & Refugees. The new grant is sourced from the International Development Association, a member of the World Bank Group and the international financial institution providing concessional loans and grants. The grant will be funneled to buffer the country’s efforts to improve the incomes of the urban poor and facilitate the inclusion of disadvantaged urban youth in the labour market. The project is structured under five components, expanding the Urban Productive Safety Net to improve the urban environment; foster urban youth employment; strengthen social assistance and services for the urban poor and destitute; institutional strengthening, project management, monitoring and evaluation; and contingency emergency response. To ensure the aim of the grant for the planned activities is achieved, the project will bring together Federal Urban Job Creation & Food Security under the Ministry of Urban Development & Construction, the Ministry of Labor & Social Affairs, and the Jobs Creation Commission alongside other partners.



Women around the Koshe area hunt through piles of trash to find scraps of metal to sell. With close to three million people unemployed in the country and a headline inflation of 33pc, unskilled labour is in little demand. Ethiopia has an adult literacy rate of 51pc, with fewer numbers going past high school. Less than three percent of 12th-grade students made it to universities this year while the rest were at the mercy of remedial exams...



An old wooden car that was part of a commercial campaign by a furniture company around the Beherawi Theatre area. Ethiopia's forest coverage to national land size has been registered at 15pc to the latest data by the World Bank. The current Prime Minister Abiy Ahmed launched an initiative labelled 'Green Legacy' to plant five billion trees in 2020 claiming an 83pc success...



A young boy attempts to pull a piece of cloth from an overloaded pickup truck around the Ayer Tena area. Observing an unsupervised child on the streets of the capital has become a common sight, with sporadic conflict across the country creating nearly four million internally displaced people. Despite the last census having been conducted 16 years ago, the population of the country is estimated at 120 million...