1 Get behind the Fast Track Initiative Global Monitoring Report 2009 Copenhagen 24 March 2009
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Get behind the Fast Track Initiative
Global Monitoring Report 2009
Copenhagen 24 March 2009
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Fast Track Initiative
Launched in 2002 by G8 in Canada
Objective: To support the achievement of Universal Primary Completion – MDG 2 and 3
Catalytic Fund launched in 2003
Education Program Development Fund in 2005
Education Transition Fund – 2009 (?)
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FTI – not only about funding and resource mobilisation
HIV/AIDS in the education sector plans
Guidelines for capacity development
Quality stamp of the education sector plans
Strengthening harmonization and alignment
Promoting equality
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The Catalytic Fund
Pledges till date : 1.5 billion USD
Allocations till date : 1.4 billion USD
30 low income countries benefit
Last year’s allocation : 343 million USD With 439 million USD the CF covered 9 % of total
commitments to basic education in 2006
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GMR: “FTI is not meeting expectations” - i
Commitment to the Catalytic Fund?
2004 : 4 donors 2006 : 11 donors 2008 : 17 donors – Australia, France, Japan,
Germany, Switzerland
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GMR: “FTI is not meeting expectations” - ii
Confidence in the Catalytic Fund? FTI supposed to be fast Expectations in Partner Countries
Donors’ need for accountability Money spent in accordance with acceptable
standards
Consequence : Tension and frustration!
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GMR: “FTI is not meeting expectations” - iii
No simple solution!
Need for better communication and information
Need for clear guidelines The endorsement process The application – EQR
FTI preparation vs. Danida preparation time
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GMR: “FTI is not meeting expectations” - iv
Disbursement performance Too many cases taken too long Not conducive for the credibility of FTI Who is to blame?
Endorsement and appraisal processes at country level Too much variation in the past Not meeting minimum requirements Analytical work, e.i. fiduciary risk assessment after allocation Who does it?
World Bank rules and regulations
Consequence: Delays – 2007:126; 2008:214; 2009:340
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GMR: “FTI is not meeting expectations” - v
Faster disbursement performance One solution: Financing modality The more harmonised and aligned – the faster and
smoother the disbursement
Burkina Faso – Sector Budget Support
Zambia – Alternative Supervising Entity – Basket Fund
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GMR: “FTI is not meeting expectations” - vi
“Some countries with newly endorsed plans will not be able to get support at all”
Accuracy of figures and statistics – Is it 1 or 2 billion USD per year? GMR says one thing – the FTI Secretariat another
Replenishment process Ensure predictability and long term commitment Copenhagen in April 2009
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GMR 2009
Scope of FTI FTI evaluation FTI meetings in Copenhagen, April 2009 Danish priorities as co-chair
Improve FTI governance structure and decision making processes
Education in fragile states Aid effectiveness
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GMR 2009
Thank You!