Responses: Amy Gray, IFI Education Policy Officer, Global Campaign for Education (World Bank)
As an education advocate, I am dismayed by the WB having ceded the task of financing education largely to the Fast Track Initiative. WB dollar amounts for education via the IDA have decreased; the grant monies disbursed by the FTI are displacing IDA. The FTI has many operational problems, among them a strong focus on UPE as opposed to the full spectrum of EFA goals, a lack of engagement with fragile/post-conflict states, a dismal disbursement record via the Catalytic Fund (which has recently improved), a near total capture of EPDF funds by in-house WB task managers and upstream application of WB procurement policies which have slowed disbursement for up to 18 months and serve to "tie" aid.
This post features the author's personal view and does not represent the views of ODI, DRI or DFID.
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