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Himdat Bayusuf, Education Specialist, World Bank, May 2014

Results Based Financing. Himdat Bayusuf, Education Specialist, World Bank, May 2014. Disbursement Linked Indicator Approach. Why Performance-Based Funding?. Origin. Traditional Funding. Performance-Based Funding. Characteristics Funding based on input factors Expenditures Issues

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Himdat Bayusuf, Education Specialist, World Bank, May 2014

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  1. Results Based Financing Himdat Bayusuf, Education Specialist, World Bank, May 2014 Disbursement Linked Indicator Approach

  2. Why Performance-Based Funding? Origin 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 • 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

  3. How does Results-Based financing work? • 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

  4. The basic idea WB Govt Institution • Financing Agreement: • - Results • Disbursement • Costs • Performance Agreement: • - Same Results • Same Disb. • Same Costs = + TA • Govt only disburses when WB disburses => no financial risk to government

  5. Results based financing • 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)

  6. 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

  7. 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 environment specified in the Performance and Funding contracts. • Amount per milestone: 400,000

  8. Cont’d • DLI 3 Timely, transparent and institutionally reviewed Financial Management (400,000) • DLI : Timely withdrawal application supported by financial reporting for the ACE account for the period • DLI: Functioning Audit Committee under the university council • DLI: Functioning internal audit unit for the university • DLI : Web Transparency on Financial management (web-access to audit reports, interim financial reports, budgets and annual work plan) • DLI 4 Timely and audited Procurement (400,000) • DLI: Timely procurement audit • DLI : Timely and Satisfactory Procurement Progress

  9. The specific results (DLIs)

  10. Thank You –Comments / questions? We welcome opportunities for collaboration and partnerships hbayusuf@worldbank.org and Andreas Blom, ablom@worldbank.org More info on Africa Centers of Excellence on www.aau.org WB support and analysis of Africa higher education: www.worldbank.org/afreducation #sci4dev

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