General Education Modernization Project (WB-P163714)

Countries
  • Sri Lanka
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
B
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 26, 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 Sri Lanka
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)
$ 100.00 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)
$ 2,900.00 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 Jun 19, 2018

Disclosed by Bank Aug 1, 2017


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Project Description

The project objective is to enhance quality and strengthen stewardship of the general education system. The project will help the government to modernize the primary and secondary education system in line with international developments in middle-income and high-income education systems. The Project will build on the current Bank Transforming School Education Project (TSEP) to broaden and deepen the Bank’s assistance for the general education sector. The project will be organized into two components, as outlined below. The Bank’s engagement will be broadened through support for new and innovative education development initiatives. The Bank’s engagement will be deepened through assistance to strengthen and scale up initiatives that have been successful in the past. These are summarized in Box one below, after the description of the Project.

Investment Description
  • World Bank (WB)
Contact Information
World Bank
Harsha Aturupane
Lead Economist
Mari Shojo
Senior Education Specialist
 
Borrower/Client/Recipient
The Democratic Socialist Republic of Sri Lanka
Priyantha Ratnayake
Director General External Resources Department
 
Implementing Agencies
Ministry of Education
Jayantha Balasuriya
Director Planning

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.