cover image: Sri Lanka - Skills Development

20.500.12592/hb94q9

Sri Lanka - Skills Development

28 Oct 2020

Pillar 2: Improving the Quality and Relevance of Skills Development: The objective was to improve the quality and relevance of the skills development programs offered by all public and private institutions and non-governmental organizations. [...] Financing: The project was part of the Skills Development Program (SDP), financed by a Bank credit in the amount of US$21.7 million (of which zero disbursed), a Bank credit in the amount of US$79.8 million (of which US$47.81 million disbursed), and planned financing in the amount of US$100 million by the Asian Development Bank (ADB), US$26 million by the Korean Government, and US$17 million by the [...] At the time of project closure, the project’s objective was in line with the Bank’s most recent Country Partnership Framework (FY17-20), which aims to “strengthen education and training systems to deliver the skills needed for the advanced industrial and service sector activities of a globally competitive middle-income country" (p. [...] The aim of the ISSCs was to foster industry expertise for sector skills gap analysis, development and updating of competency standards and training programs, teacher training, industry orientation and career fairs, and awareness building activities on TVET, in order to improve the market relevance of training programs and alignment of the skills of workers to job market demand. [...] The implementation of the MYASD annual budget was approved in line with the government’s SSDP and medium-term budgetary framework, achieving the target of DLI1.
sri lanka higher education public financing environmental assessment information and communication technology primary and secondary education environmental safeguard results framework cost-benefit analysis foreign direct investment community involvement rural development absorptive capacity capital budget government personnel south asia public-private partnership environmental standard youth unemployment urban economy teacher recruitment safeguard policy technical and vocational education performance criteria bank credit labor markets financial sector development vocational education and training teacher professional development employment performance discount rate industry sector financial statement teacher performance institutional memory non-governmental organization budget planning staff turnover theory of change audit opinion financial reporting job market terrorist attack educational sciences macroeconomics and economic growth financial sector policy procurement activities skills development and labor market gender and skills social protections and labor mitigation measure monitoring indicator intermediate outcome project datum environmental and social safeguard safeguard policies awareness building annual budget project costing positive impact awareness program million people raise awareness approval process operational efficiency external factor fewer people equitable access development partner technical expert first year gender and poverty tracer study gender and economics economics and gender labor market information gender and economic policy rural labor markets induction training soft skills other development procurement staff target beneficiary outcome targets primary reason financial management staff entry rate employment outcome efficient use of resource skill development program labor market outcome management capacity human development indicator expenditure program several challenges gender parity social awareness construction of housing human resource policy human resource policies skill gap tourism sector significant loss program of activities equal weight creating employment opportunity income increase creating incentives mitigation strategy train service based financing teacher management increased access quality and relevance administrative datum economic development plan discount value public and private institution institutional change quality assurance system good performance quality of teaching industry expertise professional development opportunities expansion of market teaching staff survey sample national survey skill need competency standard complete primary school technological advancement average earning administrative burden public provider private provider regular supervision exchange rate change skills programs quality assurance mechanism firm productivity private training provider measure of outcome political environment exogenous factor appropriate incentives planning capacity environmental due diligence productive labor force education and training system several times new concept complete secondary school construction sector learning experience small fraction employer participation government requirement labor market trend private training institution investments in education market relevance career progression finance data quality of assessment access to training opportunities compensation for damage donor activities employment of graduates technical training institute national employment continuous change managerial reform sector activity targeted outcomes public training provider income student postgraduate program centralized structures skilled graduate technical assistance corporation budget shortfall career fair export income economically disadvantaged youth skills of worker private sector training delivery accurate identification financial obstacle university college general education system earnings increase line item primary net enrollment rate medium-term budgetary framework term financing public training institution performance analysis average employment rate operational inefficiency high employment

Authors

IEG Review Team

Disclosure Status
Disclosed
Doc Name
Sri Lanka - Skills Development
Document Date
2020-10-28
Originating Unit
OPS2DATASHEET
Published in
United States of America
Rel Proj ID
LK-Skills Development Project-1219759 -- P132698
Total Volume(s)
1
Volume No
1

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Sri-Lanka-Skills-Development.pdf

Sri-Lanka-Skills-Development.txt

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