The objective is to carry out an exchange of experiences and knowledge of the Ministry of Labor of Ecuador and the team of professionals from the Ministry of Labor (MDT) and Ministry of Economy and Finance (MEF) of Ecuador with the aim of improving the capacities of the MDT that is currently in the process of designing a new loan operation with the Bank. The EC-1284 project "Support for the Commitment to Employment for the effectiveness of employment policies" aims to contribute to improving labor insertion in quality jobs, focusing on groups with greater barriers to labor insertion. The project has 3 components. The first aims to create tools to strengthen the identification of gaps in the labor market, the second to consolidate the training and certification system and the third seeks to strengthen and expand the Public Employment Service. With this initiative it is intended that the public servants of the Ministry of Labor of Ecuador can approach and learn first-hand the experience of design and execution of a similar program in Colombia also financed by the IDB This is the Program to strengthen employment policies " (CO-L1250) and in particular how job training policies and job skills certification are implemented.

Project Detail

Country

Ecuador

Project Number

EC-T1529

Approval Date

April 22, 2024

Project Status

Implementation

Project Type

Technical Cooperation

Sector

SOCIAL INVESTMENT

Subsector

LABOR INTERMEDIATION SYSTEMS

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 18,620.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 18,620.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-20724-EC Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-20724-EC
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000835-1287249705-11
Intraregional Technical Cooperation Program
Memorando - Divulgacion_50554.pdf
Apr. 22, 2024
Spanish

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