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Skills for Growth: Improving Education Opportunities and Competitiveness

The general objective of the project is to promote the development of skills for growth and competitiveness, focusing on English language, digital skills and skills for work. The specific objectives are to: (i) strengthen the quality of English language instruction; (ii) strengthen the educational system's ICT readiness and teachers' digital skills; and (iii) develop high-quality relevant TVET programs that respond to evolving needs of the labor market.

Project Detail



Project Number


Approval Date

June 26, 2024

Project Status


Project Type

Loan Operation





Lending Instrument

Préstamo de Inversión

Lending Instrument Code



ESP (Specific Investment Operation)

Facility Type


Environmental Classification

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

Total Cost

USD 40,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 40,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5892/OC-SU Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 5892/OC-SU
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility

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Implementation Phase
Loan Proposal
Suriname. Loan proposal for the project _Skills for Growth. Improving Education Opportunities and Competitiveness”.pdf
Jun. 13, 2024
Loan Proposal
Suriname. Propuesta de prestamo individual para el proyecto _Habilidades para el Crecimiento. Mejora de las Oportunidades de Educacion y la.pdf
Jun. 13, 2024
Preparation Phase
Project Profile
SU-L1072 - Project Profile.pdf
Dec. 13, 2023

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