Himdat bayusuf education specialist world bank may 2014
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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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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

    • 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


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


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


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)


  • 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 environment specified in the Performance and Funding contracts.

    • Amount per milestone: 400,000


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


The specific results (DLIs)


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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