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Higher Education Project

Abstract*

The proposed Additional Financing would be implemented over a period of four years, from January 2026 to December 2029, and financed by an International Bank for Reconstruction and Development (IBRD) credit of EUR 30 million (US$31.12 million equivalent) and concessional co-financing from the Global Concessional Financing Facility (GCFF) in the amount of US$2.0 million. The aim of the AF is to support the Government of Moldova (GoM) in its efforts...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The Project Development Objective is to improve the labor market orientation of selected higher education institutions and the quality assurance mechanisms.

Key Details

Project Details

  • P167790

  • Active

  • Nalin Jena , Subhashini Rajasekaran

  • Republic of Moldova through the Ministry of Finance

  • Moldova

  • April 4, 2019

  • (as of board presentation)

    March 5, 2020

  • September 15, 2020

  • US$ 39.40 million

  • Ministry of Education and Research

  • Europe and Central Asia

  • 2020

  • US$ 39.40 million

  • N/A

  • Moderate

  • December 31, 2029

  • Yes

  • BANK APPROVED

  • January 26, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 39.40

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 39.40
IBRD + IDA Commitment 39.40
Lending Instrument
Grant Amount N/A
Total Project Cost** 39.40

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 5, 2020 IDA-65420 Loan Commitment 39,400,000.00
Oct 15, 2021 IDA-65420 Int Charges 587.54
Apr 15, 2021 IDA-65420 Int Charges 388.85
Apr 15, 2021 IDA-65420 Int Charges 388.85
Apr 15, 2021 IDA-65420 Int Charges 212.57
Feb 2, 2022 IDA-65420 Loan Disb 64,843.38
Jul 25, 2022 IDA-65420 Loan Disb 78,399.84
Apr 15, 2022 IDA-65420 Int Charges 867.13
Apr 15, 2022 IDA-65420 Int Charges 867.13
Apr 15, 2022 IDA-65420 Int Charges 427.51
May 3, 2022 IDA-65420 Loan Disb 93,875.01
Apr 15, 2023 IDA-65420 Int Charges 11.94
Apr 15, 2023 IDA-65420 Int Charges 7,922.93
Apr 15, 2023 IDA-65420 Int Charges 7,922.93
Apr 14, 2023 IDA-65420 Loan Disb 287,760.75
Nov 7, 2022 IDA-65420 Loan Disb -848,427.50
Dec 22, 2022 IDA-65420 Loan Disb 889,690.70
Dec 12, 2022 IDA-65420 Loan Disb 99,150.47
Nov 7, 2022 IDA-65420 Loan Disb 848,427.50
Nov 17, 2022 IDA-65420 Loan Disb 869,106.00
Oct 15, 2022 IDA-65420 Int Charges 41.90
Oct 15, 2022 IDA-65420 Int Charges 1,477.23
Oct 15, 2022 IDA-65420 Int Charges 1,477.23
Oct 15, 2022 IDA-65420 Int Charges 797.03
Oct 12, 2022 IDA-65420 Loan Disb 108,491.92
Sep 22, 2023 IDA-65420 Loan Disb 1,053,918.90
Aug 16, 2023 IDA-65420 Loan Disb 611,408.00
Jul 13, 2023 IDA-65420 Loan Disb 197,423.97
Sep 8, 2023 IDA-65420 Loan Disb 1,064,749.50
Feb 8, 2023 IDA-65420 Loan Disb 145,717.30
Mar 24, 2023 IDA-65420 Loan Disb 107,280.00
Apr 15, 2023 IDA-65420 Int Charges 4,247.08
Mar 4, 2024 IDA-65420 Loan Disb 996,626.70
Jan 25, 2024 IDA-65420 Loan Disb 1,056,815.00
Feb 16, 2024 IDA-65420 Loan Disb 970,020.00
Feb 7, 2024 IDA-65420 Loan Disb 1,071,929.90
Apr 15, 2024 IDA-65420 Int Charges 3,510.27
Jul 5, 2024 IDA-65420 Loan Disb 1,077,396.00
Apr 15, 2024 IDA-65420 Int Charges 18,622.89
Apr 15, 2024 IDA-65420 Int Charges 39,766.06
Apr 15, 2024 IDA-65420 Int Charges 39,766.06
Oct 5, 2023 IDA-65420 Loan Disb 1,007,485.25
Dec 12, 2023 IDA-65420 Loan Disb 1,068,804.00
Dec 21, 2023 IDA-65420 Loan Disb 1,092,510.00
Nov 17, 2023 IDA-65420 Loan Disb 1,081,560.40
Oct 15, 2023 IDA-65420 Int Charges 79.99
Oct 15, 2023 IDA-65420 Int Charges 13,773.79
Oct 15, 2023 IDA-65420 Int Charges 13,773.79
Oct 15, 2023 IDA-65420 Int Charges 4,065.22
Jul 17, 2024 IDA-65420 Loan Disb 989,578.30
Aug 7, 2024 IDA-65420 Loan Disb 716,812.75
Jun 21, 2024 IDA-65420 Loan Disb 1,063,063.90
Jun 4, 2021 IDA-65420 Loan Disb 41,383.27
Nov 9, 2020 IDA-65420 Loan Disb 118,870.00
Aug 9, 2021 IDA-65420 Loan Disb 32,254.35
Mar 7, 2022 IDA-65420 Loan Disb 108,595.00
Mar 2, 2022 IDA-65420 Loan Disb -63,599.97
Nov 19, 2021 IDA-65420 Loan Disb 30,132.40
Oct 15, 2021 IDA-65420 Int Charges 321.20
Oct 15, 2021 IDA-65420 Int Charges 587.54

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2025-02-09
Financial Management Satisfactory 2025-02-09
Monitoring and Evaluation Satisfactory 2025-02-09
Project Management Satisfactory 2025-02-09
Procurement Satisfactory 2025-02-09
Overall Implementation Progress (IP) Satisfactory 2025-02-09

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • New Master's programs accredited based on the revised curriculumValue0.000.0010.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Share of students of selected higher education institutions enrolled in Bachelor and Master's programs of government's priority areasValue0.0044.1515.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Registration of NAQAER in EQARValueNAQAER is not registered in EQARNAQAER is not registered in EQARNAQAER is registered in EQAR
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Increase in perception of employers about the labor market orientation of higher education programs in select field of studiesValue44.0044.0069.00
    DateJune 15, 2023December 29, 2023December 31, 2025
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Higher education qualification standards developed and revisedValue0.00305.00300.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Laboratories of selected higher education institutions equippedValue0.002.009.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Bachelor and Master's programs updated in accordance with the qualification standards developed and revised through the ProjectValue0.001.6930.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Proportion of sub-grants proposals competitively selected out of the total proposals received in accordance with the HEIP Operation ManualValue0.0046.4290.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Project beneficiaries reporting that effective engagement processes have been establishedValue0.0056.5430.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Higher education students benefiting from systemic interventions in quality, information systems and financingValue0.0079905.0091000.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Students benefiting from direct interventions to enhance learningValue0.009699.0049000.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • of which are female studentsValue0.000.0033000.00
    Date
    Comment
  • Students benefiting from direct interventions to enhance learning - FemaleValue0.000.0016000.00
    Date
    Comment
  • Staff of MoER, NAQAER and higher education institutions trained in higher education quality assurance through the ProjectValue0.00230.00230.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Partnerships between universities, pedagogical colleges and employers established through the HEIPValue0.0026.0015.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • New financial modelValueNew financial model has been developed, but has noNew financial model is piloted in higher educationNew financial model is implemented system-wide
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Share of women enrolled in STEM programs developed or improved through the HEIPValue0.0032.2920.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Higher Education Management Information System (HEMIS)ValueHEMIS does not existHEMIS offers under evaluationHEMIS is operational and its data is used for plan
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Research or academic programs contributing to climate change adaptation or mitigation developed or improved through the HEIPValue0.0010.004.00
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Unified electronic higher education admission system (e-Admission)ValueThere is no unified electronic higher education adThe technical and financial proposal to be submitte-Admission system is operational
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment
  • Labor Market Information System (LMIS)ValueLMIS does not existLMIS does not existLMIS is operational and its data is used for plann
    DateOctober 1, 2019December 29, 2023December 31, 2025
    Comment