Fast Track Initiative

The Education for All (EFA) Fast-Track Initiative (FTI) is an evolving global partnership of developing and donor countries and agencies to support global EFA goals by focusing on accelerating progress towards the core EFA goal of universal primary school completion (UPC), for boys and girls alike, by 2015. The FTI was established in 2002, following the development consensus reached at Monterrey; it is a new compact for the education sector that explicitly links increased donor support for primary education to recipient countries? policy performance and accountability for results. Initiated by 22 bilatera donors, development banks, and international agencies active in supporting education in low-income countries, the FTI is co-chaired on a rotating basis by one G-8 and one non-G-8 donor, supported by a Steering Committee, and a Secretariat that is housed in and managed by the World Bank.

FTI Goals

The FTI aims to accelerate UPC by promoting:

• More efficient aid for primary education, through actions of development partners to maximize coordination, complementarities and harmonization in aid delivery and reduce transactions costs for FTI recipient countries;
• Sustained increases in aid for primary education, where countries demonstrate the ability to utilize it effectively;
• Sound sector policies in education, through systematic review and indicative benchmarking of recipient countries, education policies and performance;
• Adequate and sustainable domestic financing for education, within the  framework of a country's national poverty reduction strategy, medium-term expenditure framework, or other country statements as appropriate;
• Increased accountability for sector results, through annual reporting on policy progress and key sector outcomes against a set of appropriate indicators in participating countries, and transparent sharing of results.

FTI proposal will be submitted by Kyrgyzstan in November to FTI secretariat.