"World Bank funding will meet a slice of the program´s expenditures over the next five years -- both recurrent and development -- covering all levels of school educati”n," states a press releases issued by the bank.
The program focuses on three pillars of access, inclusion and quality. The program is supported by eight other development partners who will also pool their resources, together with the World Bank and government resources. In addition, five non-pooling partners will support the program directly, adds the statement.
The total cost of the five-year program ending 2013/14 is estimated to be about $2.6 billion, of which pooled development partners have committed approximately $500 million.
As a sector wide approach, the program will finance salaries and benefits for nearly 120,000 government school teachers. It will also finance salaries of around 100,000 community recruited teachers through salary grants. Financing for all additional teachers to be recruited during the program period will be made through a per capita child financing formula that takes into account the number of students enrolled in a particular school, the release added.
According to the bank, the program will also finance a range of activities intended to ensure equitable access and quality basic education for all children in the 5-12 age group, prepare pre-school age children for basic education through Early Childhood Education Development and deliver basic numeracy and literacy to youth and adults, especially women.
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