The following project was approved today by the World Bank's Board.
CREDIT AMOUNT: IDA—US$49.2 million equivalent
TERMS: Grace Period = 10 years, Maturity = 40 years
PROJECT DESCRIPTION: The project will support the government's plan to reform the education sector over a ten year period to reach universal basic education (10 years at school) and much improved higher and technical education. The project will establish an education environment of reasonable quality in all schools by providing basic physical infrastructure, adequately trained teachers and educational materials. It will also establish an institutional environment to design and implement a set of education policies as well as an effective management system with adequate planning capacities, well structured central and local administrations, and explicit and unequivocal management responsibilities and procedures. For more information about this project visit http://www4.worldbank.org/sprojects/Project.asp?pid=P071308 or call Raymond Toye at (202) 458.1653, fax at 473.7917 or e-mail rtoye@worldbank.org. |
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