The World Bank
   Global Partnership for Education - Balochistan Education Project (P144454)




                                                                                       REPORT NO.: RES36246

                                     DOCUMENT OF THE WORLD BANK




                                         RESTRUCTURING PAPER
                                                  ON A
                                   PROPOSED PROJECT RESTRUCTURING

                                                      OF

              GLOBAL PARTNERSHIP FOR EDUCATION - BALOCHISTAN EDUCATION PROJECT
                                     APPROVED ON MARCH 18, 2015
                                                      TO

                                     ISLAMIC REPUBLIC OF PAKISTAN


EDUCATION

SOUTH ASIA




                          Regional Vice President:     Hartwig Schafer
                                 Country Director:     Patchamuthu Illangovan
                   Senior Global Practice Director:    Jaime Saavedra Chanduvi
                      Practice Manager/Manager:        Mario Cristian Aedo Inostroza
                               Task Team Leader:       Juan Baron
           The World Bank
           Global Partnership for Education - Balochistan Education Project (P144454)



I. BASIC DATA

Product Information

Project ID                                                     Financing Instrument
P144454                                                        Investment Project Financing

Original EA Category                                           Current EA Category
Partial Assessment (B)                                         Partial Assessment (B)

Approval Date                                                  Current Closing Date
18-Mar-2015                                                    30-Mar-2019




Organizations

Borrower                                                       Responsible Agency
Islamic Republic of Pakistan                                   Secondary Education Department of Balochistan



Project Development Objective (PDO)
Original PDO
To increase school enrollment and retention in project supported schools, with a special focus on girls’
participation, and to develop mechanisms for information collection and use for improved management of education.

 


Summary Status of Financing


                                                                                        Net
Ln/Cr/Tf                  Approval         Signing Effectiveness         Closing Commitment Disbursed Undisbursed

TF-19124              25-Mar-2015 25-Mar-2015 25-Mar-2015 30-Mar-2019                   34.00     34.00             0


Policy Waiver(s)

Does this restructuring trigger the need for any policy waiver(s)?
No
           The World Bank
           Global Partnership for Education - Balochistan Education Project (P144454)



I. SUMMARY OF PROJECT STATUS AND PROPOSED CHANGES

 The Education Department of Balochistan has requested an extension of the closing date of the Project by 3 additional
 months, until June 30, 2019, in order to complete activities currently under implementation and to accommodate
 exchange rate gains accrued during the last disbursement (approximately 3.8% in that disbursement, and 6.2% for the
 entire project). The Project has disbursed all grant proceeds but requires additional time to finalize school
 construction and other activities given the challenges presented on the ground (e.g. security concerns in certain areas,
 remoteness, change of leadership of Project staff and Education department). The only proposed change to this
 Project at this time is an extension of the closing date until 30-Jun-2019; the current closing date is 30-Mar-2019. The
 Project is in compliance with audit reporting requirements and M&E reports. The restructuring does not include any
 revisions to the Project’s Development Objectives (PDO).




II. DETAILED CHANGES


LOAN CLOSING DATE(S)


                                          Original                Revised                 Proposed    Proposed Deadline
Ln/Cr/Tf         Status                   Closing               Closing(s)                  Closing      for Withdrawal
                                                                                                            Applications
                                                        31-Mar-2019, 30-
TF-19124         Effective           30-Dec-2018                                        30-Jun-2019          30-Oct-2019
                                                              Mar-2019