Fiduciary Risk Management for Education in Bangladesh

The project aims to support improved financial and fiduciary risk management of the Government of Bangladesh’s Primary Education Development Program funds and strengthen the Government’s implementation capacity in primary education. The Primary Education Development Program’s goal is to provide efficient inclusive and equitable primary education covering pre-primary through grade 5 for all school-age girls and boys in Bangladesh. By strengthening the Government’s capacity in public financial management this project supports the efficient and effective delivery of public education services. Project activities include: (1) quarterly and annual fiduciary reviews; (2) public financial management (PFM) action plan implementation and capacity development in key PFM areas including procurement; (3) a benchmarking study of PFM best practices (including gender-budgeting) that can be adopted in different social sectors including health and skills; and (4) a study on gender disparity in drop-outs and out-of-school children.

The outcomes for this project include: (1) improved financial and fiduciary risk management; and (2) strengthened public financial management and procurement capacity in the primary education sector in Bangladesh.