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Actively promoting sector-wide approaches in Vanuatu: multi-donor pooled funding in the education sectorIn December 2009, the Government of Vanuatu signed a joint partnership arrangement with development partners to contribute towards the funding and implementation of the Vanuatu Education Road Map (VERM). Under the joint partnership, three donors –New Zealand,Australiaand UNICEF – have agreed to pool their funding with the Government of Vanuatu to support the VERM. Other donors who are signatory to the joint arrangement and support the VERM, but who do not pool their funds, include the EU, France, Japan, UNESCO, the World Bank, Peace Corps and the Secretariat of the Pacific Community. The financial assistance from the pooling partners is provided through separate grant arrangements agreed between the government and the relevant donor partner. Two tranches of payment are made to the Government Development Fund Account (DFA) annually. The pool fund is managed by the Ministries of Education and Finance, while the Prime Minister’s Office is responsible for overall co-ordination and alignment with government priorities. (Box 6 p.61) |
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