Secondary Education Support Program (ADB-45089-004)

Countries
  • Philippines
Where the impacts of the investment may be experienced.
Specific Location
Nation wide
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Apr 11, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of the Philippines
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jun 22, 2017

Disclosed by Bank Sep 30, 2016


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Project Description
The Asian Development Bank (ADB) will support preparation of the results-based loan (RBL) through a program preparatory technical assistance (PPTA). A PPTA is justified given the wide-ranging nature of the government’s K to 12 reform agenda, the innovative nature of many of the proposed elements of the Secondary Education Support Program (SESP), and the specialist nature of skills required in some areas. The PPTA will assess existing challenges and will provide technical inputs and assessments to assist the Government of the Philippines and ADB to jointly develop an RBL program that is suitable for ADB financing in all dimensions: technical, financial and economic, institutional, and safeguards; aligned with the new country partnership strategy and built on lessons learned from Secondary Education Development Project, Secondary Education Development and Improvement Project, Basic Education Sector Reform Agenda (BESRA) and other countries’ experiences with extending the education cycle. IMPACT Improved development of human resources to meet the needs of an inclusive knowledge economy (A Social Contract with the Filipino People, President Benigno S. Aquino III, 2010) OUTCOME Secondary education system that equips youth with the essential competencies and skills for lifelong learning and employability
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Department of Education 2nd Floor, Rizal Building Department of Education, DepED Complex Meralco Avenue, Pasig City ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main