Long-term ADB engagement with the same implementing agencies, such as through a multitranche financing facility (MFF) approach, enables the improvement of skills and the inculcation of international-level experience in government staff.
Extending the availability period of an MFF can enhance development outcomes.
The multitranche financing facility (MFF) is not suitable when the executing and implementing agencies (EAs/IAs) do not have adequate staff resources to design, implement, and monitor a number of interrelated projects over a period of up to 10 years.
Extending the availability period of a multitranche financing facility (MFF) can result in a better development impact.