Additional Financing for the Education Sector Support Project (WB-P160959)

Countries
  • Mozambique
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
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
Jun 2, 2017
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
Ministry of Economy and Finance
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 Amount (USD)
$ 59.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 59.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Sep 23, 2017

Disclosed by Bank May 9, 2017


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Project Description
The objective of the Additional Financing for the Education Sector Support Project for Mozambique is to improve access to and quality and equity of education. No changes to the PDO are proposed in the restructuring. The AF will support the existing ESSP by responding to an anticipated shortfall in funding to the education sector due to the current financial and economic crisis in Mozambique, and scaling up existing key activities that will have direct impacts on supporting the most vulnerable during this time of financial instability. The AF would help achieve the overall project development objective (PDO) to improve access to, and quality and equity of education, by continuing to support the implementation of Mozambique’s current Education Strategic Plan (PEE in Portuguese) from 2016 to 2019. As with the original project, the AF will continue to be channeled through the Education Sector Support Fund (FASE, in Portuguese) funded by nine (9) donors (including the Global Partnership for Education - GPE) to support effective implementation of the PEE.
Investment Description
  • World Bank (WB)
Contact Information
Name:Ministry of Education and Development Contact:Antuia Soverano Title:Director Email:antuia.soverano@mined.gov.mz ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.