Impact and Status of Catalytic Fund

by Robert Prouty

Catalytic Fund Committee MeetingNovember 10, 2010 | Madrid, Spain

CF Pledges as of October 2010

-

50.0

100.0

150.0

200.0

250.0

300.0

350.0

400.0

450.0

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

49.280.2

440.3

263.3

373.1

238.3 231.6

48.211.2 9.7

2

CF Allocations as of October 2010

0.0

100.0

200.0

300.0

400.0

500.0

600.0

2003 2004 2005 2006 2007 2008 2009 2010

45.0 43.0

216.1 246.5

522.0

338.2

145.5

297.2

3

CF Disbursements as of Sept. 2010

-

50.0

100.0

150.0

200.0

250.0

2004 2005 2006 2007 2008 2009 2010

15.0

60.2 53.2

125.6

213.9221.6

186.0

4

EFA FTI MeetingsMadrid. November 2010

Current 36 CF recipient countries

5

EFA FTI MeetingsMadrid. November 2010

Current 36 CF recipient countries

6

The May Allocations (1)

CFC Decision Status

Guinea: Of the $117.8m allocated in 2007 – cancel $53.8m, UNICEF to implement $24m; remaining $40m pending outcome of elections

$53.8m cancelled, $24m transferred to UNICEF in September. Elections held November 8.

Ethiopia: $98m approved; WB as SE

Grant agreement signed in July

Lao PDR: $30m approved; WB as SE

Grant agreement signed August; $2m disbursed

Malawi: $90m approved; WB as SE Grant agreement with MoF for signature.

7

The May Allocations (2)CFC Decision Status

Togo: $45m approved; WB as SE; grant agreement required to include clause allowing for partial cancellation if implementation lags.

Grant signed October 2010. Grant agreement includes provision for cancellation if implementation milestones are not met.

Liberia: $40m approved; WB as SE. elections

Grant agreement signed in September. Some conditions of grant effectiveness not met. Effectiveness target date is early December.

Djibouti: $4m one year bridge funding approved.

Grant agreement signed in October

8

Direct Impact of Catalytic Fund

9

28 countries;33,000 classrooms (1.65 million)

25 countries; 337,000 teachers (17 million)

25 countries; 203 million books (100 million)

9 countries; 700,000 children

10

19 million more children in school

Children in school in SSA increased by 50%

All but 7 countries are on track for gender parity of PCR

Girls represent 62% of Gr.1 increase

57.6

63.7

71.7

50

55

60

65

70

75

2000 2001 2002 2003 2004 2005 2006 2007 2008

(%)

Primary School Completion Rate in FTI countries (2000-2008)

11

13

10

22

1313

7

5

8

10

13

15

18

20

23

2002 2003 2004 2005 2006 2007 2008

(%)

% of Repeaters in Primary School in FTI countries

Average Weighted average Median

12

0.85

0.89

0.93

0.80

0.82

0.84

0.86

0.88

0.90

0.92

0.94

0.96

0.98

1.00

2000 2001 2002 2003 2004 2005 2006 2007 2008

Gender Parity Index for GER in FTI countries (2000-2008)

13

14

Pool-Type Programs Project –Type Programs

• 2 of first 18 • 16 of first 18

• 8 of last 18 but 65% of funding

• 10 of last 18 but 35% of funding

• 5% disbursement lag • 55% disbursement lag

CF Modalities at country level

CF Committee MeetingNovember 10, 2010 | Madrid, Spain

Top CF Performers Post-2007(Disbursement)

Mozambique

Ethiopia

Guyana

Rwanda

Timor Leste

Sao Tome & Principe

15 CF Committee MeetingNovember 10, 2010 | Madrid, Spain

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2004 2005 2006 2007 2008 2009 Sep-10

Mill

ions

Cumulative CF Cash and Disbursement Trends 2004 - Q3 2010

TOTAL Cash Receipts + Investment income

Disbursements

Cash Balance

16