Comprehensive Agricultural Development Project

Consideration of the range of alternative modalities helps strengthen the project formulation phase. In the case of this project, this type of assessment could have examined the merits of a project investment vis-à-vis a sector loan in the choice of the modality. If this project had been formulated as a sector project, each of the diverse candidate subprojects would have been analyzed prior to investment, allowing those that were economically unviable or potentially damaging (from an environmental or social point of view) to be dropped and substituted by more viable ones. This would have possibly reduced the oversight burden for the geographically dispersed, multisector projects