Restructuring                                                          Status: Archived
Restructuring Type: Level two
Last modified on date : 06/29/2011

1. Basic Information
Project ID & Name                       P057857: CR EQUITY AND EFFICIENCY OF
                                        EDUCATION
Country                                 Costa Rica
Task Team Leader                        Marcelo Becerra
Sector Manager/Director                 Chingboon Lee
Country Director                        Carlos Felipe Jaramillo
Original Board Approval Date            03/29/2005
Original Closing Date:                  06/30/2011
Current Closing Date                    12/31/2012
Proposed Closing Date [if applicable]   12/31/2012
EA Category                             B-Partial Assessment
Revised EA Category                     B-Partial Assessment-Partial Assessment
EA Completion Date                      11/15/2003
Revised EA Completion Date


2. Revised Financing Plan (US$m)
Source                                          Original                  Revised
BORR                                                 21.00                      21.00
IBRD                                                 30.00                      30.00
Total                                                51.00                      51.00


3. Borrower
         Organization                   Department                    Location
Republic of Costa Rica


4. Implementing Agency
          Organization                  Department                    Location
Ministry of Public Education




                                        i
5. Disbursement Estimates (US$m)
Actual amount disbursed as of 06/30/2011                                                           8.94
         Fiscal Year                                 Annual                         Cumulative
2011                                                          0.00                                8.94
2012                                                        17.00                                25.94
2013                                                          4.06                               30.00
                                                          Total                                  30.00


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 objectives of the Project are to: (a) reduce education quality gaps in Costa Rica primary and secondary
education system in rural areas; and (b) improve the equity and efficiency in the allocation, administration
and use of the Borrower#s education sector resources.



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




                                                ii