| The Japan Policy and Human Resources Development Fund (PHRD) Fund was established in 1990 as a partnership between the Government of Japan and the World Bank. The scope of the Fund is described in the Arrangement for the Administration of Fund (as revised in March 1999) as follows:
“The Fund may be used for the purposes of financing technical assistance and other grant activities in respect of the formulation and implementation of Bank-supported projects and programs and activities to develop human resources in developing member countries of the Bank, to assist developing member countries of the Bank to formulate and implement development policy and to strengthen the partnership between the Government of Japan and the Bank.”
Since fiscal year 2000 the Government of Japan has contributed US$829.6 million to the PHRD Fund. It is one of the largest Funds managed by the World Bank and is recognized as making a unique contribution to the member countries’ capacity building efforts.
The PHRD Fund supports six main programs:
- The PHRD Technical Assistance (TA) Program
- The Joint-Japan/World Bank Graduate Scholarship Program (JJ/WBGSP)
- The Japan Indonesia Presidential Scholarship Program (JIPS)
- The Japan Staff and Extended Term Consultants (ETC) Program
- The Japan-World Bank Partnership Program
- The Japan Junior Professional Officers (JPO) Program
In addition, transfers are occasionally made from the PHRD Fund to provide Japanese support to other World Bank-administered programs, such as HIPC, CEPF, CGAP, Cities Alliance, CTF and PPIAF.
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