📋 Tender Overview
Scope :
Loan 3714 ban: fourth primary education development program (pedp4) is currently financed by a concessional loan of $500 million from adbs ordinary capital resources. The loan was approved by adb on 27 september 2018 and became effective on 13 november 2018. The current loan closing date is 31 january 2024. The government of bangladesh, adb, and four other development partners jointly finance the program via a sector-wide approach. The outcome of the program is improved quality and equity of primary education for all children from pre-primary to grade 5. The outputs are (i) improved quality of primary education, (ii) enhanced access and participation to primary education, and (iii) improved governance and management of primary education system. Pedp4 is a results-based lending program. Disbursement of loan proceeds under pedp4 is conditional on the government achieving annual disbursement-linked indicators (dlis) following verification protocols. The ministry of primary and mass education (mopme) is the executing agency, and the directorate of primary education (dpe) is the implementing agency. The implementation monitoring and evaluation division of the ministry of planning has been identified as the independent verification agency.
The proposed additional financing is to address the unexpected challenges of covid-19. According to adb surveys, the primary school students dropout rate is expected to increase to 13% due to the pandemic. This implies increased number of oosc and higher demand for providing education services for oosc. Moreover, as the operation of learning centers for providing education to oosc has been severely disrupted by the pandemic, and the current global economic downturn with high inflation puts pressure on bangladesh economy, the cost of engaging and retaining oosc is increasing. The additional grant financing will reduce the cost of financing for providing education services to oosc. This helps to address the rising costs for engaging oosc. This also brings synergies by blending adb loans and non-traditional cofinanciers to make the support attractive to our developing member countries (dmcs) in an area that will yield high socioeconomic returns. Eaa is adbs non-traditional development partner and the first private foundation to cofinance results-based financing programs in the education sector. Adb and eaa signed the framework partnership agreement in june 2020 to jointly support out-of-school children in adbs dmcs. This provides additional value of adbs financing to the ongoing program and provides timely and innovative response to meet the rising needs during the pandemic, which was not envisaged when the program was designed.
Human capital formation strengthened (bangladesh seventh-five year plan fy2016-fy2020)
Quality and equity of primary education improved for all children from pre-primary to grade 5
Sector / Subsector: Education / pre-primary and primary
Concept Clearance: 28 jul 2022
Fa
