Himdat Bayusuf, Education Specialist, World Bank,

Transcript:Himdat Bayusuf, Education Specialist, World Bank,:
Himdat Bayusuf, Education Specialist, World Bank, May 2014 Disbursement Linked Indicator Approach Results Based Financing Why Performance-Based Funding? Origin Aim: To achieve better results Respects institutional autonomy and leadership, and still align institutional goals with development goals Improve Institutional capacity to plan, decide and implement Increase accountability Objective, predictable, and transparent funding allocation Additionally for the WB: support a government program, pilot an approach to results-based financing, and use of government procurement rules to strengthen capacity Traditional Funding Performance-Based Funding Characteristics Funding based on input factors Expenditures Issues No talk of performance of institutions: Quality of education Learning/employability Scale-up of education Research publication and outreach to companies Institutions pursue their goals Govt, WB and institutions design a government program: performance and funding agreement to establish Africa Centers of Excellence: Results: measurable and within control of institution Disbursements Linked to results and Reimbursement of selected costs Costs: Investment line - in budget regular salaries and other recurrent costs– in budget How does Results-Based financing work? Govt Institution WB Financing Agreement: - Results Disbursement Costs Performance Agreement: - Same Results Same Disb. Same Costs + TA = The basic idea Govt only disburses when WB disburses => no financial risk to government DLI 1: Regional specialization endorsed and institutional readiness (800,000) DLI 2: Excellence in education and research capacity and development impact (6,400,000) New short term students in ACE courses of which 30% must be regional students -$400 per student (double regional) New Master students in ACE courses of which 30% must be regional students -$2000 per student (double regional) New PhD students in ACE courses of which 30% must be regional students-$10000 per student (double regional) N# of outreach “periods” for faculty, master and PhD students-2000 per outreach period (double within the region) 5 Results based financing DLR#2.5: International evaluation and accreditation of quality of education programs. Amounts: 600,000 per program internationally accredited; 100,000 per program nationally or regionally accrediated; 100,000 per program per gap-assessment certfied or undertaken by an international quality assurance agency; 100,000 per program for self-evaluation a satisfactory international standard; 100,000 per program description meeting international standard DLR#2.6 Published articles in internationally recognized and peer reviewed journals Amounts: 15,000 per article and 30,000 per article with a regional co-author. DLR#2.7: Externally revenue generation Amounts: US$ 1 per externally generated revenue, and US$ 2 per externally generated revenue from the region DLR#2.8: Meeting milestones for improved learning and research