| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 50.00 |
| EC: EUROPEAN UNION | 9.60 |
Reform of Higher Education & Research Project
Abstract*
The Reform of Higher Education and Research Project will support the overall goals of the Government's program for reforming higher education to improve: 1) the responsiveness of the system to the demands for new professional and managerial skills required by a market economy; 2) resource allocation to generate incentives for more efficient performance; and 3) access to higher education with increased equity for talented but needy students. Specific... Show More
Development Objective
THE PROJECT WOULD PROVIDE FUNDING FOR EQUIPMENT,CONSUMABLES, TECHNICALASSISTANCE AND FELLOWSHIPS. IT WOULD HAVE THREE COMPONENTS SUPPORTING(A) BUILDING CAPACITY TO REFORM THE FINANCING AND MANAGEMENT OFHIGHER EDUCATION & RESEARCH; (B) PRIORITY UNDERGRADUATE PROGRAMS SEL.THROUGH COMPETITIVE FUNDING MECHANISMS, & (C) POSTGRADUATE ANDRESEARCH PROGRAMS SELECTED THROUGH COMPETITIVE FUNDING MECHANISMS.
Key Details
Project Details
P008793
Closed
Ana Maria Sandi
N/A
Romania
October 31, 1994
(as of board presentation)
September 19, 1996
January 23, 1997
US$ 84.00 million
N/A
1997
US$ 59.60 million
C
August 11, 2022
September 30, 2002
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 50.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 50.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 9.60 |
| Total Project Cost** | 84.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Oct 15, 2014 | IBRD-40960 | Int Charges | 31,198.97 |
| Oct 15, 2014 | IBRD-40960 | Loan Repay | 2,184,070.00 |
| Apr 15, 2014 | IBRD-40960 | Int Charges | 39,491.15 |
| Apr 15, 2014 | IBRD-40960 | Loan Repay | 2,124,090.00 |
| Oct 15, 2013 | IBRD-40960 | Int Charges | 51,299.85 |
| Oct 15, 2013 | IBRD-40960 | Loan Repay | 2,064,120.00 |
| Oct 15, 2015 | IBRD-40960 | Int Charges | 24,705.10 |
| Oct 15, 2015 | IBRD-40960 | Loan Repay | 2,314,010.00 |
| Apr 15, 2015 | IBRD-40960 | Int Charges | 26,601.45 |
| Apr 15, 2015 | IBRD-40960 | Loan Repay | 2,249,040.00 |
| Oct 15, 2016 | IBRD-40960 | Int Charges | 15,063.95 |
| Oct 15, 2016 | IBRD-40960 | Loan Repay | 2,449,092.00 |
| Apr 15, 2016 | IBRD-40960 | Int Charges | 19,900.16 |
| Apr 15, 2016 | IBRD-40960 | Loan Repay | 2,383,980.00 |
| Sep 19, 1996 | IBRD-40960 | Loan Commitment | 50,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 06-18-2003 | PROJECT PERFORMANCE ASSESSMENT REPORT: 06-24-2003 |
|---|---|---|
| Outcome Rating | Satisfactory | Satisfactory |
| Risk To Development Outcome | Not Rated | Not Rated |
| Bank Performance | Satisfactory | Satisfactory |
| Borrower Performance | Satisfactory | Satisfactory |
| Government Performance | Satisfactory | Satisfactory |
| Implementing Agency | Not Rated | Satisfactory |
| Icr Quality | Not Rated | Satisfactory |
| M&e Quality | Not Rated | Not Rated |
Results Framework
No data available.