Pakistan: Second Punjab Education Sector Project

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The objective of the Second Punjab Education Sector Project (PESP II) for Pakistan is to support the education sector reform program of the Government of Punjab to increase child school participation (at multiple levels) and student achievement. The project comprises of two components: (1) a results-based component, component one, which will finance PESRP II, amounting to US$340 million (97 percent of the total credit); and (2) a Technical Assistance (TA) component, component two, which will finance essential advisory, technical, and capacity, building support for PESRP II, amounting to US$10 million (3 percent of the total credit). Under component one, credit disbursements will reimburse GoPunjab expenditures incurred in selected key education budget line items referred to as Eligible Expenditure Programs (EEPs). Under component two, TA resources will finance important technical, advisory, and capacity-building support to strengthen fiduciary, environmental management, administrative, and monitoring and evaluation activities.