Youth economic inclusion remains a critical challenge for Morocco. The government has launched ambitious plans to boost job creation, enhance youth skills and promote entrepreneurship. Yet, programs’ fragmentation and the challenge of matching the demand for skills with the available workforce have hindered effective youth economic inclusion. The $ 55 million Supporting the Economic Inclusion of Youth project will aim to develop integrated solutions to improve youth employability and entrepreneurship in the Marrakesh-Safi region, based on labor-market informed programs and enhanced synergies between relevant central entities, local authorities and the private sector.
Objectives of the project:
The Supporting the Economic Inclusion of Youth project will support increased access to economic opportunities for youth in the Marrakesh-Safi area. The project will finance an integrated approach to creating economic opportunities for youth by offering personalized career guidance and training services geared toward skills in demand by the job market as well as supporting youth entrepreneurship to boost job creation and promote value chains with high growth and jobs potential.
The project is financed through an Investment Project Financing with Disbursement-Linked Indicators whereby disbursement is conditioned by the achievement of project’s objectives and results.