79486 v2


Restructuring                                                                          Status: Draft
Restructuring Type: Level one
Last modified on date : 03/04/2014

1. Basic Information
Project ID & Name                               P105897: Reading Education Project
Country                                         Papua New Guinea
Task Team Leader                                Binh Thanh Vu
Sector Manager/Director                         Luis Benveniste
Country Director                                Franz R. Drees-Gross
Original Board Approval Date                    03/03/2011
Original Closing Date:                          06/30/2014
Current Closing Date                            06/30/2014
Proposed Closing Date [if applicable]           06/30/2015
EA Category                                     C-Not Required
Revised EA Category                             C-Not Required-Not Required
EA Completion Date
Revised EA Completion Date


2. Revised Financing Plan (US$m)
Source                                                    Original                    Revised
BORR                                                            0.00                         0.00
PCFS                                                           19.20                        19.20
Total                                                          19.20                        19.20


3. Borrower
       Organization                             Department                        Location
Government of Papua New                                                 Papua New Guinea
Guinea


4. Implementing Agency
          Organization                           Department                       Location
National Department of Education        National department of         Papua New Guinea
                                        Education of PNG




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5. Disbursement Estimates (US$m)
Actual amount disbursed as of 03/04/2013                                                            9.87
         Fiscal Year                              Annual                             Cumulative
2014                                                         11.01                                13.20
2015                                                           6.00                               19.20
                                                           Total                                  19.20


6. Policy Exceptions and Safeguard Policies
Does the restructured project require any exceptions to Bank policies?                                  N


Does the restructured projects trigger any new safeguard policies? If yes, please select                N
from the checklist below and update ISDS accordingly before submitting the package.




7a. Project Development Objectives/Outcomes
Original/Current Project Development Objectives/Outcomes
The objective of the project is to: (i) improve the reading skills of elementary and primary education
students, and (ii) to build the policy, monitoring and evaluation capacity of the Curriculum Development
and Assessment Division in the Recipient’s National Department of Education.



7b. Revised Project Development Objectives/Outcomes [if applicable]

The objective of the project is to promote better teaching and learning of reading skills in elementary and
primary education.




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