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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why performance based funding
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
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
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
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)
slide6

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
slide7

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
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
thank you comments questions

Thank You –Comments / questions?

We welcome opportunities for collaboration and partnerships

[email protected] and Andreas Blom, [email protected]

More info on Africa Centers of Excellence on www.aau.org

WB support and analysis of Africa higher education: www.worldbank.org/afreducation

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