JA-L1024 : Support for the Education Sector Reform II

Project Status
Completed

The goal of this Program is to improve the learning outcomes of Jamaica's education system. Its purpose is to support the education transformation process, including both the institutional and policy changes deemed necessary to improve the quality of services provided and increase the efficiency and accountability of the education system. To support the implementation of its transformation plans, GOJ requested assistance from the Bank through a programmatic policy-based operation consisting of three loans over a time period of seven years: The first loan (PBL JA-L1002 or 2074/OC-JA , 2008) for US$30 million was disbursed in 2008; (ii) the second loan (2010) is intended to be a hybrid operation (PBL plus investment loan) of an overall amount of US$20 million (PBL US$30 and Investment US$5 Million); and (iii) the third loan (PBL, 2012) would be for US$30 million.

PROJECT DETAIL

Project Number JA-L1024
Operation Number 2300/OC-JA
Country Jamaica
Sector EDUCATION
Subsector EDUCATION
Project Type Loan Operation
Environmental and Social Impact Category C
Project Status Completed
Approval Date FEB 24, 2010
Contract Signature Date FEB 25, 2010
Completion Date MAR 2, 2010
IDB Financing * 30.00

PROJECT INFORMATION

Total Cost H USD 30,000,000
Financing Type Single Currency Facility
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date FEB 28, 2017
Disbursed to Date R USD 30,000,000
Repayments R USD 4,000,000
Amount Outstanding R USD 26,000,000
Income Collected R USD 2,728,108
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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