Sustainable and Integrated Labor Services (SAILS)

Objective

The Sustainable and Integrated Labor Services (SAILS) Project aims to enhance the resilience and employability of Maldivian workers by establishing a sustainably financed Unemployment Insurance Scheme and Integrated Labor Market Services.


Introduction

Through a $24 million IDA (International Development Association) grant, the Project would be jointly implemented by the Ministry of Economic Development and Maldives Pension Administration Office (Pension Office). 

As the Implementing Agency of the Component on Strengthening Social Insurance, Pension Office would be establishing and managing the Unemployment Insurance Fund, collecting contributions and managing payouts.


Documents

Implementing Agency