V. Implementation
The program is expected to be implemented over a 3-year period between June 2014 and May
2017. Disbursements are likely to follow a schedule revolving around the school’s calendar
(early June through end-March each year). Because the IDA funding contributes to the
ministry’s own funding for existing programs, the overall responsibility for implementation
rests with MoE line units. MoE will make funding available to townships and schools in
accordance with operational guidelines to be agreed with the Bank as part of the DLI process.
MoE will establish an External Financing Committee within the MoE which would be
responsible for opening and maintaining the IDA designated account for reporting to the Bank,
including the arrangements of external audits. The External Financing Committee will be
legally established by MoE under terms of reference (TOR) satisfactory to IDA prior to the
finalization of negotiations. The External Financing Committee will be coordinated by the
DEPT, which will appoint a Secretary to the committee who will be the Bank’s primary liaison
for program supervision.
Reporting against achievement of DLIs is expected to be completed by March 31 of each year.
This deadline will be preceded by an annual program review meeting between the Bank and
MoE prior to January 31 of each year in which a detailed schedule for DLI evaluation and
monitoring will be agreed. The verification of DLI reporting is expected to take place during
the March-May period each year. The reporting and verification process will aim to confirm
DLI achievement and authorize the annual IDA disbursement by June 1 of each year.
In parallel with the DLI reporting and verification process, MoE will provide the Bank with
evidence of actual spending on eligible expenditures (covering the period April 1 through
March 31) by May 31 of each year beginning in 2015. The amount of each subsequent advance
following the initial advance in 2014 will be subject to documentation of the previous advance
against eligible expenditures and achievement of the relevant DLIs.