Additional Financing of the Revitalizing Education Development in Sierra Leone Project (WB-P163161)

Countries
  • Sierra Leone
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jun 20, 2017
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Ministry of Finance and Economic Development
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 10.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 10.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 13, 2017

Disclosed by Bank May 1, 2017


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
The development objective of the Revitalizing Education Development ins Sierra Leone (REDiSL) Project for Sierra Leone is to improve the learning environment in targeted schools and establish systems for monitoring of education interventions and outcomes—is achieved more fully. The proposed AF will support: (a) scaling up of performance-based school grants; (b) increased technical assistance (TA) to the Teaching Service Commission (TSC) to execute its statutory mandate; (c) implementation of the 2018 Annual School Census (ASC); and (d) associated project management and supervision. Relevant modifications will be made to the Results Framework (RF), component costs, disbursement arrangements and estimates, and implementation schedule. Implementation and financial management (FM) arrangements for performance-based school grants have also been updated. This Project Paper seeks the approval of the Executive Directors to provide an Additional Financing (AF) credit in the amount of SDR 7.3 million (USD 10 million equivalent) from IDA to the Project. The parent project is funded by grants from the Global Partnership for Education (GPE) (in the amount of USD 17.9 million), U.K. Department for International Development (DFID) through the Multi-donor Trust Fund (MDTF) (in the amount of USD 2.46 million),1 and the Ebola Recovery and Reconstruction Trust Fund (ERRTF) (in the amount of USD 0.95 million). The REDiSL Project is currently scheduled to close on December 31, 2017.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
Borrower/Client/Recipient Name:Ministry of Finance and Economic Development Contact:Jules Cesaire YAGANZA Title:Directeur du Departement Techniques Industrielles et Exploit Email:legrand_cesar@yahoo.fr Implementing Agencies Name:Ministry of Education, Science and Technology Contact:Jules Cesaire YAGANZA Title:Directeur du Departement Techniques Industrielles et Exploit Email:legrand_cesar@yahoo.fr 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.

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