The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) Georgia I2Q - Innovation, Inclusion and Quality (P168481) EUROPE AND CENTRAL ASIA | Georgia | Education Global Practice | IBRD/IDA | Investment Project Financing | FY 2019 | Seq No: 11 | ARCHIVED on 26-Oct-2023 | ISR58319 | Implementing Agencies: Ministry of Education, Science, Culture and Sport/Municipal Development Fund, Ministry of Finance Key Dates Key Project Dates Bank Approval Date: 29-May-2019 Effectiveness Date: 27-Nov-2019 Planned Mid Term Review Date: 03-Apr-2023 Actual Mid-Term Review Date: 27-Mar-2023 Original Closing Date: 31-Mar-2026 Revised Closing Date: 31-Mar-2026 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objectives are to (i) expand access to preschool education and (ii) improve the quality of education and learning environments. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Improving the Quality of and Access to Early Childhood Education and Care:(Cost $11737000.00 M) Fostering Quality Teaching and Learning in General Education:(Cost $91312000.00 M) Strengthening Financing Options and Promoting Internationalization in Higher Education:(Cost $17575000.00 M) System Strengthening and Stakeholder Communication:(Cost $3088000.00 M) Supporting Project Management, Monitoring, and Evaluations:(Cost $4342000.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions Progress towards achievement of the PDO is rated satisfactory based on the progress to date. All PDO indicators are on track or have been surpassed. PDO indicator 1 on the enrollment of School Readiness Programs (SRP) is on track to achieve the end target. PDO indicator 2 on the number of beneficiaries has overachieved the target. PDO indicator 3 on learning outcome is to be assessed. Key progress since the mid-term review (MTR) mission in March 2023 includes (i) tender announced for 12 new school construction (out of 14) and school rehabilitation civil work initiated at 5 schools; (ii) school authorization user manual developed, and 150 Quality Assurance (QA) experts trained; (iii) contracts awarded under the 1st round of Competitive Innovation Fund (CIF) and call for proposal announced under the 2nd round of 10/26/2023 Page 1 of 12 The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) CIF; (iv) the school infrastructure standards completed; (v) rehabilitation works completed at 40 School Readiness Program (SRP) classrooms and civil work for 76 SRP classrooms ongoing, and (vii) tenders for e-School upgrading announced. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Low Low Low Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Low Low Low Technical Design of Project or Program Moderate Moderate Moderate Institutional Capacity for Implementation and Moderate Moderate Moderate Sustainability Fiduciary Substantial Moderate Moderate Environment and Social Low Low Low Stakeholders Moderate Moderate Moderate Other -- -- -- Overall Moderate Moderate Moderate Results PDO Indicators by Objectives / Outcomes Expand access to preschool education IN01355500 ►5 to 6-year old children enrolled in School Readiness Programs (Pre-school level) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 80.00 87.40 87.40 92.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 Comments: Expand access for 5 year old children in Preschools IN01355502 Female children enrolled (Percentage, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 80.00 83.90 83.90 92.00 10/26/2023 Page 2 of 12 The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) Date 01-Jul-2019 10-Oct-2022 30-Sep-2023 31-Mar-2026 Improve the quality of education and learning environments IN01355501 ►Beneficiary students with access to improved learning environments in project-supported schools (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 269,652.00 269,652.00 116,000.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 The number of target beneficiary students has substantially increased due to the ongoing project support for technology and wi-fi to support COVID-induced blended teaching and learning process, which was not Comments: part of the original project design. IN01355503 Female beneficiary students with access to improved learning environments in project-supported schools (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 131,193.00 131,193.00 58,065.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 IN01355504 ►Learning outcomes of students in national formative assessments in project-supported general education schools (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Learning outcome assessment conducted Learning outcome in July 2022 assessment conducted in Subject: Grade 6; July 2022 Grade 8; Grade 9; Subject: Grade 6; Grade Grade 10; Grade 11; 8; Grade 9; Grade 10; Grade 12 Grade 11; Grade 12 Georgian: 24.28; Baseline to be Georgian: 24.28; 21.71; Endline to be 21.71; 21.44; 19.73; Value determined and set in 21.44; 19.73; 21.6; 25.16 measured 21.6; 25.16 2020 Math:12.37; 8.64; 9.14; Math:12.37; 8.64; 9.58; 10.28; 12.87 9.14; 9.58; 10.28; Science: 16.44; 16.12; 12.87 15.04; 14.35; 13.62 Science: 16.44; 16.12; 15.04; 14.35; 13.62 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator refers to the learning outcomes of students in national formative assessments aligned to the new competency-based curriculum. The baseline study on student learning outcomes in project-supported schools has been completed in July 2022. PMU has commissioned the National Assessment and Examination Center (NAEC) for this Comments: work. The assessment has been carried out in grades 6, 8, 9, 10, 11 and 12 in Science, Math, and Georgian Language. 10/26/2023 Page 3 of 12 The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) IN01355505 Learning outcomes of Female children (Text, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Learning outcome Learning outcome assessment conducted in assessment conducted July 2022 in July 2022 Subject: Grade 6; Grade Subject: Grade 6; Grade 8; Grade 9; Grade 10; 8; Grade 9; Grade 10; Grade 11; Grade 12 Grade 11; Grade 12 Baseline to be Georgian: 25.37; 22.85; Georgian: 25.37; 22.85; Endline to be Value determined and set in 22.93; 21.19; 23.16; 22.93; 21.19; 23.16; measured 2020 27.51 27.51 Math: 12.37; 8.81; 9.05; Math: 12.37; 8.81; 9.05; 9.7; 10.24; 12.98 9.7; 10.24; 12.98 Science: 16.14; 16.65; Science: 16.14; 16.65; 15.35; 14.87; 14.13 15.35; 14.87; 14.13 Date 03-Jun-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 Intermediate Results Indicators by Components Improving quality of and access to early childhood education and care IN01355506 ►New architectural blueprints developed and 2 to 10 new model buildings accomodating preschools constructed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the number of new model buildings accommodating preschools constructed using the design & adoption of new architectural blueprints that support innovative and inclusive spaces as 'third learning environments.' Comments: Current Status: ‘Design-Build’ tenders were announced with the deadline for submitting proposals by end of October, 2023. IN01355510 ►New School Readiness Programs introduced and provided with equipment, furniture and technology (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 150.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the number of rehabilitated facilities serving preschool programs. Current Status: 150 schools have been identified based on the agreed selection criteria for the introduction of modern, child-centered School Readiness Programs (SRPs). The Education and Science Comments: Infrastructure Development Agency (ESIDA) is implementing rehabilitation work for these 150 schools. So far, 39 SRPs have been rehabilitated. Rehabilitation of additional 76 groups is ongoing and is expected to be completed by the end of 2023. As for the remaining 34 groups, contracts have been awarded and 10/26/2023 Page 4 of 12 The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) estimated completion date of works is the end of March 2024. The tender for furniture and equipment is also ongoing. IN01355514 ►Diagnostic study completed and recommendations made for development and expansion of quality ECEC completed in Yr 1 and Yr 4 (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Diagnostic study Diagnostic study Diagnostic study completed and completed and Value No diagnostic study completed and recommendations recommendations recommendations made made made Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the status of ECEC system diagnostic study. A comprehensive diagnostic study of ECE in Georgia was completed in June 2022. Final document, in the Comments: form of final conclusions and driven recommendations, was accepted by the MoES and the PMU IN01355517 ►System for preschool data reporting and consolidation mechanism established and incorporated in the EMIS (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Systematic data No systematic reporting Systematic data reporting and and consolidation ECE reporting data reporting and consolidation Value mechanisms exist requirements defined consolidation mechanism mechanism designed established and streamlined in EMIS Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the status of systematic ECEC data reporting and consolidation and its incorporation in EMIS (including enrollment, parental background, fees, facilities, staffing etc.) Comments: Status: This activity falls under the scope of the multi-component contract signed with San Diego State University Research Foundation, covering ECE data reporting system establishment. IN01355520 ►Child-level ECEC quality monitoring instrument to strengthen support for school readiness and smooth transition to school introduced (based on MODEL/MELQO or other appropriate instrument) (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Quality monitoring No quality monitoring Quality monitoring tools Quality monitoring instrument developed, Value instrument in place being developed tools being developed tested and introduced Date 03-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the status of development of the ECEC Quality monitoring instrument Status: This activity falls under the scope of the multi-component contract signed with San Diego State Comments: University Research Foundation, covering establishment of the child-level ECE quality monitoring instrument. Fostering quality teaching and learning in general education IN01355509 ►School architectural standards reviewed and updated to be used in the construction and rehabilitation of schools (Text, Custom) 10/26/2023 Page 5 of 12 The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) Baseline Actual (Previous) Actual (Current) End Target Value Standards not updated Standards being finalized Standards updated Standards updated Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the status of development of standards to support innovative spaces as third Comments: learning environments and ensure accessibility for students with disabilities (e.g. m2 per child, safety, ceiling heights, natural light per m2, noise level, braille etc.) IN01355513 ►Number of rehabilitated general education schools (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 60.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the number of project-supported rehabilitated general education schools. A list of 60 schools for rehabilitation has been identified. Comments: Current Status: Civil work ongoing at six schools. IN01355516 ►Number of new general education schools constructed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 5.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the number of general education schools constructed; Comments: Current Status: Design-Build tender announced for 12 schools. IN01355519 ►New teacher training modules and manuals developed on modern child centred pedagogy and formative continuous assessment (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Continuous Formative Continuous Formative New modules Value Does not exist Assessment practice Assessment practice developed analyzed. analyzed. Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the status of development of agreed upon modules and manuals with gender, diversity, and inclusive education content for teacher professional development Status: Development of new teacher training modules and manuals on modern child pedagogy was Comments: considered under the scope of the recently cancelled assignment/procurement package. Considering priorities of MES, the tender was terminated and re-announced with the altered scope which no longer considers development of new teacher training modules and manuals on modern child pedagogy. IN01355522 ►Collaborative e-platform identified and strengthened to support audiovisuals, weblinks, lesson plans documents for teachers and education professionals (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Collaborative e- Firm hiring underway for Firm hiring underway Value Currently does not exist platform identified, LMS development for LMS development strengthened and used 10/26/2023 Page 6 of 12 The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the status of identification, strengthening and usage of a collaborative e-platform Comments: for education professionals IN01355523 ►Establishment of Thematic Innovation Clubs in every region/municipality targeting gifted and other student interests and a system to ensure its sustainability (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 200.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures progress towards establishment of thematic innovation clubs; Current Status: No club has been established. This activity is one of the outcomes of the ongoing major contract „Fostering Quality Teaching and Learning in General Education through Introduction of Effective Comments: Quality Management System, Whole School Improvement Plan and Programs, Improved Assessment Policy, Practice and Methodology”. IN01355525 ►Percentage of girls participating in the Thematic Innovation clubs (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 50.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the proportion of female children participating in the Innovation Clubs Comments: IN01355526 ►Select schools resourced with a school improvement package to strengthen the implementation of the whole school approach (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 433.00 200.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the number of select schools (up to 500) identified to receive school improvement package. This package can include one or more of resources for multimedia lab, science lab, reading library, technology upgrades and equipment, learning enrichment modules, training on data utilization, community engagement and support for scalable ideas of school improvement. Comments: Current Status: As part of the whole school improvement package, in order to support distance learning process, 433 schools were equipped with the necessary computer equipment (laptops, projectors). Also, 121 out of those schools are being supported in terms of supply and installation of Wi-Fi networks. The works were completed in November 2022. IN01355527 ►National formative assessment system introduced and established for primary and secondary grades (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target No formative national Formative assessment Formative assessment Formative assessment Value assessments conducted practice analyzed practice analyzed system established Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 10/26/2023 Page 7 of 12 The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) This indicator measures status of establishment of the national formative assessment system in for low-, middle- and higher- grades; work is in progress to develop the new national assessments in grades 4, 6 Comments: and 10; IN01355528 ►Feasibility study conducted with recommendations for the establishment of National Institute of Educational Research completed (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Completed. The Completed. The National National Institute of Institute of Educational Educational Research Feasibility study Research has been has been established completed and Value Not undertaken established by the by the government recommendations government based on the based on the concept made concept proposed by the proposed by the project. project. Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 Comments: This indicator measures the status of the feasibility study IN01355529 ►Trainers and coaches of education workforce staff that receive training (ToT) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 568.00 1,600.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 30-Jun-2026 This indicator measures the number of trainers who receive training and capacity building to be able to coach/train education workforce staff Status: The listed capacity-building activities shall be carried out under following contracts: (i) "Strengthening the quality of pre-service teacher education programs for all levels of education and supporting the capacity-building of teachers and other professionals to adapt, develop, and implement Comments: school-based curriculum (estimated implementation period: October 2022 – February 2026); (ii) “Fostering Quality Teaching and Learning in General Education through Introduction of Effective Quality Management System, Whole School Improvement Plan and Programs, Improved Assessment Policy, Practice and Methodology” (implementation period – August 2022 – February 2026). IN01355530 ►Survey of change in female attitudes towards STEAM conducted amongst girls participating in the Thematic Innovation clubs (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Performance Performance evaluation evaluation study study completed as a completed as a baseline. baseline. Survey is planned in Endline data collection Endline data collection Endline to be Value November 2023. and analysis (Completion and analysis measured Report) due on January (Completion Report) 30, 2026. due on January 30, 2026. Date 30-Sep-2020 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the change in attitude of females participating in the Thematic Innovation Clubs Comments: towards STEAM. IN01355531 10/26/2023 Page 8 of 12 The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) ►Students benefiting from direct interventions to enhance learning (Number, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 269,652.00 269,652.00 265,647.00 Date 02-Dec-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator will measure number of students benefitting from ECE and general education interventions including infrastructure related interventions under the project; Comments: IN01355532 Students benefiting from direct interventions to enhance learning - Female (Number, Corporate Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 131,193.00 131,193.00 129,845.00 IN01355533 ►Large-scale primary/secondary learning assessments completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 3.00 Date 02-Dec-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 The new national student assessment policy and framework have been prepared. This framework will determine at what grade and subjects national assessments will be supported by the project. Comments: The project has conducted one round of student learning assessment in partnership with NAEC. Strengthening financing options and and promoting internationalization in Higher Education IN01355507 ►Higher education grants established under Competitive Innovation Fund achieving at least 80 percent of their proposed objectives (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Upto 45 grants 13 proposal selected awarded to foster 30 proposals submitted under the 1st call; the modernization of Value Not present under the 1st call for call for proposal teacher education proposal announced for the 2nd programs and round strengthen labor market linkages Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 Comments: This indicator measures the number of grants established that achieve 80 pc of the objecives IN01355511 ►Pre-service teacher education program accredited by EU in at least one university (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Firm recruitment is Accreditation received Activity dropped Value Not undertaken underway with a revised in one university TOR program 10/26/2023 Page 9 of 12 The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the status and progress towards EU accreditation of one pre-service teacher Comments: education program System strengthening and stakeholder communication IN01355508 ►Development of a data integration strategy and action plan from PreK to HE (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Completed: EMIS EMIS diagnostics and diagnostics and action action plan completed plan completed A data integration A data integration Value strategy action plan does strategy and action not exist plan developed Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 Comments: Measures status of a data integration strategy and action plan for PreK to HE IN01355512 ►Development of a data monitoring dashboard with quality monitoring indicators based on whole school approach (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Completed: A data A data monitoring No monitoring dashboard TOR for e-School and monitoring dashboard Value dashboard developed exists LMIS developed. developed and and operationalized operationalized Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the status of development of the data monitoring dashboard for the schools as well as for ministry level Comments: IN01355515 ►GIS education mapping system established and integrated educational tracking system in place (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Completed. The system Completed. The is developed by the system is developed Fully developed and Value Under initial development government and is by the government and established operational. is operational. Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 Measure status of establishment of GIS Education mapping and linkage and integration with other Comments: systems for longitudinal tracking of education (learning journey) IN01355518 ►Multiyear communications strategy drafted and adopted based on general education policy principles (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target 10/26/2023 Page 10 of 12 The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) Completed: Developed Completed: Developed Developed and Value Does not exist and adopted. and adopted. adopted Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 Comments: Measures status of creation and adoption of the communications strategy IN01355521 ►Representative groups who report that the national consultation (and feedback) process on Georgia's Education policy principles was responsive to their views through an appropriate CE mechanism (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 74.00 74.00 70.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 Engagement mechanism can be determined through beneficiary surveys or community scorecard or a social audit meeting or a forum page or feedback box/function or mini pop-surveys Current status: The Indicator has been incorporated into the Performance Evaluation study. 74% of Comments: representative group are either very satisfied or satisfied with the level of engagement in the process of the project activities. Endline data collection and analysis (Completion Report) due on January 30, 2026. IN01355524 ►Parents that report satisfaction with their engagement in the whole school improvement effort and demonstrate understanding of student- centered learning through beneficiary surveys in Year 1, 4 and 6 (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 74.00 74.00 30.00 Date 01-Jul-2019 31-Mar-2023 30-Sep-2023 31-Mar-2026 This indicator measures the proportion of parents who engaged actively with the school improvement efforts and also the level of understanding of the new modern pedagogic methods Current Status:The Indicator has been incorporated into the Performance Evaluation study. 74% of Comments: parents are satisfied with their engagement level in school improvement process. Endline data collection and analysis (Completion Report) due on January 30, 2026. Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P168481 IBRD-89550 Effective USD 102.70 102.70 0.00 22.16 79.79 22% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P168481 IBRD-89550 Effective 29-May-2019 18-Jun-2019 27-Nov-2019 31-Mar-2026 31-Mar-2026 10/26/2023 Page 11 of 12 The World Bank Implementation Status & Results Report Georgia I2Q - Innovation, Inclusion and Quality (P168481) Cumulative Disbursements Restructuring History Level 2 Approved on 25-Aug-2020 Related Project(s) There are no related projects. 10/26/2023 Page 12 of 12