AFRICAN DEVELOPMENT BANK GROUP

THE 2020 GUIDELINES FOR

THE ADMINISTRATION AND UTILIZATION OF
THE MIDDLE-INCOME COUNTRY TECHNICAL ASSISTANCE FUND

APRIL 2020
 Table of Contents
LIST OF ACRONYMS.............................................................................................................................................. I
1. INTRODUCTION ........................................................................................................................................... 1
1.1. BACKGROUND ..................................................................................................................................................... 1
1.2. STRATEGIC FRAMEWORK FOR ENHANCING BANK GROUP SUPPORT TO MICS ................................................................... 2
2. OBJECTIVES AND APPLICATION OF MIC TAF RESOURCES ............................................................. 2
2.1. OBJECTIVES OF THE MIC TAF ................................................................................................................................. 2
2.2. FUNDING OF THE MIC TAF .................................................................................................................................... 2
2.3. THRESHOLDS FOR BENEFICIARIES OF THE MIC TAF ..................................................................................................... 2
2.4. ELIGIBLE RECIPIENTS ............................................................................................................................................. 3
2.5. ELIGIBLE ACTIVITIES .............................................................................................................................................. 3
2.6. RESOURCE ALLOCATION......................................................................................................................................... 4
3. PROCESSING FRAMEWORK FOR MIC TAF PROJECTS ....................................................................... 5
3.1. REGIONAL PIPELINE PRIORITIZATION ........................................................................................................................ 5
3.2. THE MIC TAF SELECTION CRITERIA ......................................................................................................................... 5
3.3. PROCESSING REQUIREMENTS FOR PROPOSALS ........................................................................................................... 6
3.4. APPROVAL AUTHORITY .......................................................................................................................................... 7
4. MODALITIES FOR THE IMPLEMENTATION OF THE MIC TAF.......................................................... 7
4.1. TYPE OF GRANT EXECUTION ................................................................................................................................... 7
4.2. COUNTERPART FUNDING ....................................................................................................................................... 7
4.3. PROCUREMENT OF GOODS AND SERVICES ................................................................................................................. 7
4.4. TERMS OF FINANCING ........................................................................................................................................... 8
4.5. DISBURSEMENT ARRANGEMENTS ............................................................................................................................. 8
4.6. FINANCIAL MANAGEMENT ARRANGEMENTS .............................................................................................................. 9
4.7. CANCELLATION ARRANGEMENTS............................................................................................................................ 10
4.8. USE OF SAVINGS................................................................................................................................................. 10
5. REPORTING ARRANGEMENTS ............................................................................................................... 10
5.1. MIC TAF IMPLEMENTATION PROGRESS REPORTS .................................................................................................... 10
5.2. MIC TAF COMPLETION REPORTS .......................................................................................................................... 10
5.3. ANNUAL REPORT TO THE BOARD OF DIRECTORS ....................................................................................................... 11
6. RECOMMENDATION ................................................................................................................................. 11
ANNEXES ..................................................................................................................................................................... I
I. MIDDLE-INCOME COUNTRY TECHNICAL ASSISTANCE FUND REQUEST FORM ...................................................... I
II. MIC TAF REQUEST FOR APPROVAL MEMORANDUM .......................................................................................... III
III. TERMS OF REFERENCE TO REVIEW FINANCIAL STATEMENTS OF SMALL OPERATIONS AND TRUST FUNDS
FINANCED BY THE BANK GROUP ...................................................................................................................................VI
IV. FORMAT FOR PREPARATION OF MIC TAF COMPLETION REPORT ........................................................................ XI
V. MIC TAF PROCESS FLOWCHART ....................................................................................................................... XIV
VI. MIC TAF DELEGATION OF AUTHORITY MATRIX ................................................................................................. XV
 List of Acronyms

ADB African Development Bank

ADF African Development Fund
BDEV Independent Development Evaluation
CODE Committee on Operations and Development Effectiveness
CPO Country Program Officer
CSP Country Strategy Paper
DBDM Development and Business Delivery Model
DG Director-General
EA Executing Agency
FM Financial Management
FMS Financial Management Specialist
IFR Interim Financial Report
IOP Indicative Operational Program
IPR Implementation Progress Report
ISA International Standards on Auditing
LOTB Lapse of Time Basis
MIC Middle-Income Country
MIC TAF Middle-Income Country Technical Assistance Fund
NCB National Competitive Bidding
New Partnership for Africa's Development Infrastructure Project Preparation
NEPAD-IPPF Facility
PA Procurement Agent
PBO Program-Based Operation
PCR Project Completion Report
PPF Project Preparation Facility
PPP Public-Private Partnership
PSRC Public Sector Operations Review Committee
QAE Quality-at-Entry
RBLF Results-Based Logical Framework
RDVP Regional Integration, Development and Business Delivery Complex
RISP Regional Integration Strategy Paper
RMC Regional Member Country
RPO Regional Program Officer
TA Technical Assistance
TOR Terms of Reference
TQAC Technical and Quality Assurance Committee
WPB Work Program and Budget
 1. INTRODUCTION

1.1. Background

1.1.1. Recognizing the evolving needs of its regional member Middle-Income Countries (MICs)1,
Senior Management has dedicated increased attention to enhancing the quality,
development effectiveness, volume and competitiveness of the Bank Group’s operations in
MICs.
1.1.2. To that end, the Bank Group has been continuously refining the approach to its engagement
in MICs. The Middle-Income Country Technical Assistance Fund (MIC TAF or the Fund)
was created in 2002 in response to the absence of suitable instruments geared towards
enhancing engagement and building capacity in MICs. Since its establishment, the Fund
has evolved and the revised guidelines for its use and administration were revised in 2005
and 2012 respectively (the Revised Guidelines)2.
1.1.3. Experience has shown that after the institution of the 2005 Revised Guidelines concerns
persisted about the MIC TAF’s relatively modest utilization, large number of projects with
low disbursement, the continued lack of knowledge about the Fund and the difficulty in
ensuring timely implementation of grants. As a result, Bank management established a MIC
TAF Working Group whose findings led to a new set of MIC TAF Guidelines approved by
the Board in February 20123. The 2012 Guidelines have improved the visibility, utilization
and implementation of the resources.
1.1.4. At the request of the Board of Directors, the Independent Development Evaluation (BDEV)
launched an evaluation of the MIC TAF in 2018. The evaluation aimed at assessing the
development effectiveness of the Fund in order to provide the Board with evidence-based
findings that will support its decision-making process. The report was presented to the
Committee on Operations and Development Effectiveness (CODE) on 13 March 20194.
1.1.5. This revised set – the 2020 Guidelines – considers key developments such as the
Development and Business Delivery Model (DBDM), the implementation experience, the
independent evaluation of the MIC TAF, as well as the outcomes of CODE meeting held
on 13th March 2020. The Strategic Note (ADB/BD/WP/2020/39/Rev.1/Approval) outlines
the main proposed revisions to the 2012 Guidelines.
1.1.6. These Guidelines respond to the key findings and recommendations of the independent
evaluation of the MIC TAF and are based on extensive consultations with stakeholders on
the implementation experience. The objective of these Guidelines is to develop rules and
procedures which shall guide the preparation of proposals, processing of applications,
approval of grants and application of grants for utilization of the MIC TAF. It institutes
enhanced measures to ensure better visibility, effectiveness and efficiency of the MIC TAF
in key areas through: (i) refocusing the Fund’s strategic objectives and governance; (ii)

1
Pursuant to the Credit Policy of the Bank, and as set out in para 1.1.1 above, MICs comprise the Category C countries,
which are eligible for financing from only the non-concessional ADB lending window, as well as Category B countries,
which are eligible for a blend of resources from the ADF concessional lending window and the ADB non-concessional
lending window.
2
Revised Guidelines for the Administration and Utilization of the Technical Assistance Fund for Middle Income Countries,
ADB/BD/WP/90/Rev.1/Approved, November 2005.
3
Widely referred to as the November 2011 Guidelines, as they were initially submitted to the Board on a Lapse of Time
Basis (LoTB) then, but subsequently had to be re-submitted to the Board in February 2012 for formal consideration.
4
Evaluation of the Middle-Income Country Technical Assistance Fund (MIC TAF) (2002-2018) Summary Report,
ADB/BD/WP/2019/32, March 2019.

1
 strengthening the selection criteria for enhanced quality-at-entry; (iii) and improving
performance, impact and reporting of the MIC TAF resources.
1.2. Strategic Framework for Enhancing Bank Group Support to MICs

1.2.1. The MIC TAF is an integral part of the Bank Group’s commitment and strategic thrust to
enhance the quality, development effectiveness, volume and competitiveness of its support
and business proposition in its eligible MIC TAF beneficiary countries. Since 1995, several
task forces have been established over the years to reflect on the constraints, challenges and
prospects for Bank operations and to make recommendations regarding the most effective
strategies to boost the Bank’s relevance to potential MIC TAF recipients.
1.2.2. In recent years, to further build and reflect on its engagement with MICs, Senior
Management held a strategic briefing at CODE in July 2018 on the Bank Group’s
“Approach to Middle Income Countries: Addressing Differing Profiles and Needs.” The
session highlighted the distinct and diverse development and financing needs of MICs and
reaffirmed the continued relevance of the MIC TAF for the Bank’s engagement in the
MICs.
1.2.3. The strategic briefing also emphasized the Bank’s comparative advantages in MICs. For
instance, the Bank is one of the few organizations that can mobilize financing and technical
assistance (TA) jointly to support reforms, and has an established role as convener and
“partner of choice” on the continent, working with a wide range of partners to address the
specific needs of a MIC.

2. OBJECTIVES AND APPLICATION OF MIC TAF RESOURCES

2.1. Objectives of the MIC TAF

2.1.1. The MIC TAF aims to support eligible Regional Member Countries (RMCs) in the
preparation of quality priority projects that have a high likelihood of implementation by the
recipient, as well as to support in improving the performance of ongoing Bank projects.

2.1.2. This encompasses: i) project preparation linked to investment, results-based financing and
other relevant Bank instruments (such as Program-Based Operations) in the country’s
pipeline of operations, ii) technical assistance and advisory services linked to project cycle
activities, the Bank’s pipeline or strategic high-level policy dialogue issues for enhanced
engagement.

2.2. Funding of the MIC TAF

2.2.1. It is anticipated that the Board will continue to make, at its discretion, annual allocations to
the MIC TAF from the ADB net income.

2.3. Thresholds for Beneficiaries of the MIC TAF

2.3.1. Activities funded through the MIC TAF shall be within a minimum of UA 100,000 and up
to a maximum of UA 1,000,000.

2
 2.4. Eligible Recipients

2.4.1. The resources of the MIC TAF5 will be used to finance activities in Category C countries,
which are only eligible to receive financing from the non-concessional ADB window and
Category B countries, otherwise known as blend countries, which are eligible to receive
financing from both the non-concessionary ADB window and the concessional ADF
window.
2.4.2. It is to be noted that the countries in each category may evolve hence the eligible countries
will always be those that are in Category B and C at any given moment in time.6 More and
more countries will be eligible for MIC TAF resources as they transition to these categories.
Financing of the MIC TAF will remain in line with Resolution B/BG/2002/03, adopted by
the Board of Governors on 28 May 2002.
2.4.3. Proposals put forth solely by private sector entities are not eligible to access MIC TAF
grant resources as such. However, project preparation activities in the context of public
private partnerships (PPPs) proposed by private sector entities that have been endorsed by
Governments of eligible MIC TAF countries are eligible to be considered. In such cases,
the Government Ministry/Agency that will participate in the PPP will act as the Executing
Agency, shall originate the request and submit it through the Bank’s Focal Ministry
(Ministry of Finance or Ministry of International Cooperation, etc).
2.4.4. Regional Economic Communities (RECs), international organization and professional
organizations are not eligible to access MIC TAF resources.
2.4.5. An underlying thrust of the MIC TAF is its ability to act as a catalyst for undertaking key
preparatory work that in turn will feed into bankable new projects, for improving the ability
of the beneficiary countries to better handle existing projects or for enhancing the strategic
engagement of the Bank with the beneficiary on policy dialogue and reform. The MIC TAF
itself has similarities with other funds in the Bank such as the NEPAD-IPPF and close
complementarity between such funds will be encouraged, as well as lessons learned from
other funds such as PPF (for ADF countries), and other sectoral funds.

2.5. Eligible Activities

2.5.1. The MIC TAF intervention domains will be developed within the specific operational
priorities of the Bank’s Ten-Year Strategy 2013-2022, as updated. Implementation of the
Ten-Year Strategy will be through focusing on the High 5s namely: Light up and Power
Africa, Feed Africa, Industrialize Africa, Integrate Africa and Improve the Quality of Life
for the People of Africa. They will be also be cross-linked with the areas of special
emphasis, including issues of fragility, climate change, governance and gender.
2.5.2. In choosing the activities that can be financed from the resources of the MIC TAF, primary
consideration will remain focused on activities that fall within the priorities articulated in
the respective Country Strategy Paper (CSP) and, if applicable, the Regional Integration
Strategy Paper (RISP).7 The eligible activities should have an explicit goal to expand or
improve the Bank’s operations and/ or enhance the strategic engagement of the Bank in the

5
MICs under sanctions will continue to access the MIC TAF to facilitate re-engagement between the Bank Group and the
sanctioned country after the sanctions are eventually lifted.
6
As at January 2020, 21 Category C and Category B (B) countries are eligible for MIC TAF resources: Algeria, Angola,
Botswana, Cameroon (B), Cape Verde, Congo, Côte d'Ivoire (B), Egypt, Eq Guinea, Eswatini, Gabon, Kenya (B), Libya,
Mauritius, Morocco, Namibia, Nigeria, Senegal (B), Seychelles, South Africa, Tunisia, and Zambia (B).
7
CSPs and RISPs for MICs should explicitly articulate where the MIC TAF might be deployed.

3
 concerned MICs and, where possible, be integrated in Bank’s existing lending program in
order to achieve efficiency gains.
2.5.3. Specifically, the following priority activities are eligible for financing from the resources
of the MIC TAF:
Project Preparation
2.5.4. The MIC TAF resources can be used to finance project/program preparation activities,
including for PPPs. These can include pre-feasibility studies, feasibility studies,
preparation/updating of project engineering designs, technical specifications, the
undertaking of environmental and social impact assessments and the preparation of
environmental management plans.
2.5.5. In all cases, it is imperative that the activities financed must be related (directly or
indirectly) to projects/programs that are of priority to the country concerned and activities
that are linked to the Bank’s ongoing or future lending projects. Departments requesting
and overseeing the implementation of MIC TAF grants will need to identify clearly how
the new proposed MIC TAF grant is directly associated with a project in the Indicative
Operational Pipeline (IOP) or the ongoing project.
Technical Assistance and Advisory Services
2.5.6. The resources of the Fund can also be used to finance technical assistance, and project
cycle-related activities in eligible regional member countries. These activities aim at
enhancing the preparation and implementation capacity for the Bank Group portfolio.
Examples include supporting RMCs in strengthening country systems in operationally
critical areas such as procurement, audit, environmental and social safeguards and finance.
2.5.7. In addition, the MIC TAF can also be used to finance strategic studies or capacity building
activities related to key policy reforms and institutional issues of strategic nature, which
are important to the continued strategic engagement with the Bank and/ or success of
potential or ongoing projects/programs.8 These could include linkages before, during or
after Bank-financed general or sector PBOs, and could comprise of policy advisory services
or technical assistance related to private sector development and enhancing regional
integration
Limitations and Exclusions
2.5.8. With the above key priority activities, the costs of training activities and renumeration of
project staff should not exceed more than one-third (1/3) of the total project cost in question.
MIC TAF resources should not be used to finance the remuneration of civil servants, only
external consultants competitively recruited to assist the implementation team can be
financed within the limits prescribed above.
2.5.9. Operating costs and the provision of goods, such as IT equipment and software,
photocopiers, IT infrastructure and furniture should not exceed more than fifteen (15)
percent of total project cost in question.
2.5.10. The resources of the Fund cannot be used for the purchase of vehicles or the construction
or renovation of buildings.9
2.6. Resource Allocation

8
For example. issues linked to new PPP frameworks, regulatory reform in sectors, subsidy reform and feasibility studies.
9
In cases of doubt as to the eligibility of specific items, the unit preparing the grant operation in question should consult
with the MIC TAF focal point.

4
 2.6.1. Consistent with the Bank’s DBDM stipulating enhanced decentralization, the Vice
President, Regional Integration, Development and Business Delivery Complex (RDVP)
shall conduct a yearly resource allocation for each region by end of Quarter 1. The
allocations, subject to the available funds, will be based on the number of eligible MIC
TAF countries.
2.6.2. The allocation to the regions shall subsequently be communicated through a memo from
VP, RDVP to the Director Generals (DGs) and Senior Director10. Regions would have
flexibility to manage their MIC TAF allocation in that calendar year, subject to RDVP’s
clearance of the list of proposals following the regional pipeline prioritization (see Section
3.1.).
2.6.3. Any allocations not committed11 by the end of the calendar year will be returned to the MIC
TAF resource pool and will be reallocated.
3. PROCESSING FRAMEWORK FOR MIC TAF PROJECTS

3.1. Regional Pipeline Prioritization

3.1.1. For a proposal to be considered for financing by the MIC TAF, the eligible RMC shall
complete the Middle-Income Country Technical Assistance Request Form (Annex I). The
Bank can assist a potential recipient to draft a request if need be. The proposal should in all
cases clearly address the issues highlighted in Annex I.
3.1.2. The CPOs shall consolidate Request Forms received for their respective countries and
review each request for completeness and conformity and determine if the proposal is a
viable or feasible one that merits further consideration. Following clearance by the Country
Manager, the CPO shall submit the list, along with the Request Forms, to the Regional
Program Officer (RPO), who shall consolidate all requests received from the countries in
the region.
3.1.3. Led by Director General or Senior Director, the region shall subsequently arbitrate and
prioritize the requests from all the eligible RMCs at the regional level based on the new
selection criteria (see Section 3.2) and within the allocated resource envelope for the region
communicated by RDVP (see Section 2.6).
3.1.4. The DG or Senior Director shall transmit a memo to VP, RDVP, including the list of
selected proposals along with the completed Request Forms, for review and clearance. The
list of prioritized projects may be updated by the region, from time to time within the year,
subject to clearance by VP, RDVP. To ensure that resources are utilized, VP, RDVP may
reallocate uncommitted funds between regions if no list of selected proposal is received by
the end of Quarter 2.
3.2. The MIC TAF Selection Criteria

3.2.1. The focus of MIC TAF grants shall be the strengthening the development results of current
and future Bank projects. Any grant proposal shall therefore explicitly demonstrate that it
is intended to generate new lending activity for the Bank or linked to institutional and policy
reforms that will increase the likelihood of success of ongoing or new Bank operations or
intended to enhance strategic engagement of the Bank with the beneficiary country. This is
to ensure that MIC TAF funded projects remain results-focused.

10
“Senior Director” in these Guidelines refers to the Senior Director in charge of the Bank’s Nigeria Office.
11
Committed is defined as: (1) approvals, (2) prioritized proposals at advanced stages of preparation with official
government request received.

5
 3.2.2. For a request for any new MIC TAF financing to be considered, the existing MIC TAF
portfolio of the recipient shall not include: (i) previously approved grants remaining
unsigned over 90 days after their approval, (ii) any overdue completion reports, (iii)
outstanding audit report due for more than 12 months, and (iv) ongoing or closed projects
eligible for cancellation in a country due to expired closing date or no disbursement for 2
years.
3.2.3. Strengthened project selection criteria shall apply to improve Quality-at-Entry (QaE) and
to optimize the Fund’s strategic utility:
a) The eligibility of the request in terms of the Bank’s strategic priorities, development
objectives, and sector focus in the chosen country (with due regard to the
availability of relevant technical skills within the Bank);
b) The likelihood that the given support will feed the lending pipeline of the Bank –
with evidence of inclusion in Bank’s Year 2 or Year 3 Indicative Operational
Program (IOP) –, or enhance the likelihood of success of ongoing or potential Bank
projects;
c) The ability and capacity of the recipient Executing Agency (EA) to properly
manage the grant resources, assessed according to the standard operational
guidelines of the Bank and an implementation capacity assessment of the EA, and
with reference to any previous track record of the recipient in the timely and
effective implementation of MIC TAF grants or similar resources;
d) The strength of the institutional and governance environment12 of the recipient EA.
However, any weaknesses identified will not prevent the EA from accessing the
MIC TAF grant if the weaknesses can be mitigated;
e) Proposals featuring advanced procurement shall be prioritized;
f) Proposals with committed co-financing and/or counterpart contributions higher
than the minimum threshold shall be prioritized.
3.3. Processing Requirements for Proposals

3.3.1. Only prioritized Middle-Income Country Technical Assistance Request Forms by the DG
or Senior Director and cleared by VP, RDVP, are eligible for further processing (see
Section 3.1.).
3.3.2. An official request from the Government13 will be required by the Bank prior to finalizing
the preparation of the Request for Approval Memorandum (Annex II). A critical part of
Annex II will be the Results-Based Logical Framework (RBLF) that will detail the expected
outputs and outcomes of the grant as well as the expected impact, detailed TORs for all the
planned activities in the first year of implementation, as well as assessment of the
implementation capacity of the Executing Agency. This framework will also allow for the
regular monitoring of activities, through the use of performance indicators, against a set
baseline.
3.3.3. The designated Task Manager shall prepare a grant proposal based on the Request for
Approval Memorandum (Annex II). Terms of References for the recruitment of consultancy
services to be financed under MIC TAF resources, and a project procurement plan should
be included in the Approval Memorandum.
3.3.4. The proposal shall be subject to the Technical and Quality Assurance Committee (TQAC)
of the Bank Group to ensure technical soundness and adherence to quality-at-entry
standards, as well as compliance with policies and procedures. Due to the size of the grants,

12
If the beneficiary country has a fiduciary assessment already in place this can be used during this assessment exercise
13
From the Governor or Alternate Governor.

6
 MIC TAF proposals are not required to be submitted to the Public Sector Operations
Review Committee (PSRC) (see Annexes V and VI for Process Flowchart and MIC TAF
Delegation of Authority Matrix).

3.4. Approval Authority

3.4.1. Consistent with the Bank’s DBDM stipulating enhanced decentralization, all selected grant
proposals under the MIC TAF would be approved in accordance with the following:
i. Eligible grants up to UA 500,000 shall be approved by the respective Director
General or Senior Director, copying RDVP;
ii. Eligible grants above UA 500,000 and up to the maximum ceiling of UA 1,000,000
shall be approved by the Vice President, Regional Development, Integration and
Business Delivery.
3.4.2. Grant Agreement: If the request is approved, the legal department (PGCL) will draft a Grant
Agreement for signature by the authorized representatives of the Recipient and of the Bank
according to the applicable Delegation of Authority Matrix.
3.4.3. The extension and cancellation of MIC TAF grants and the related approval authority will
be as per the prevailing Bank Group guidelines.

4. MODALITIES FOR THE IMPLEMENTATION OF THE MIC TAF

4.1. Type of Grant Execution

4.1.1. The MIC TAF will continue to be a recipient-executed fund. However, where there is
limited implementation capacity, grant resources may be utilized to strengthen the
operational implementation unit of the recipient, including through the use of a
procurement agent, to support the grant’s execution. All externally-recruited project
implementation support staff funded using MIC TAF resources shall conform to the limits
provided for in Section 2.5.8. In any circumstance, the guiding principles shall be to ensure
that there is full country ownership and a clear transfer of knowledge to the recipient.
4.2. Counterpart Funding

4.2.1. Resources of the MIC TAF may be used to finance both foreign exchange and local cost
components of approved activities. Recipients of the Fund will be required to contribute at
least 15 percent of the total cost (in cash or in kind) to ensure strong ownership from the
recipient. The Fund may finance up to 100 percent of the foreign exchange costs of
approved activities, provided that it is duly justified in the Memorandum.
4.3. Procurement of Goods and Services

4.3.1. The procurement of goods14 and services under the MIC TAF shall be carried out in
accordance with the Procurement Framework for Bank Group Funded Operations –
October 2015 Edition, as amended from time to time, as well as the Bank’s prevailing
Delegation of Authority Matrix (DAM). It is to be noted that:
i) Borrower procurement systems may be accepted for specific transactions if found
acceptable to the Bank. Assessments of such systems will be conducted by the

14
Provision of goods is restricted to the limitations under Para. 2.5.9 and 2.5.10.

7
 procurement team responsible for the country in question and approved in
accordance with the applicable DAM;
ii) In case of transactions procured through the use of Borrower procurement systems,
a procurement audit funded using MIC TAF resources shall be required.
iii) For procurement done using the Bank’s Methods and Procedures, the Bank will
perform prior or post reviews depending on the nature of the project, the value, and
the risk involved. Where acceptable, small value procurement e.g. shopping, OCBN
processes, small consultant contract processes may not be subject to prior review
by the Bank.
iv) In the event of non-compliance, the recipient country shall be responsible for
covering the costs related to the non-compliant activity.
v) Where the MIC TAF recipient lacks the necessary resources, organization, capacity
and experience, a technical expert or Procurement Agent (PA) 15 may be recruited
to assist them with executing the procurement activities under the project.
vi) Commencing procurement processes before grant agreements have been signed
(“advance contracting”) is encouraged, where feasible, in accordance with the
Bank’s Methods and Procedures. All grant proposals should specify explicitly
whether or not advance procurement is to be utilized and explain the rationale for
whichever choice is made. It needs to be emphasized that procurement in such cases
is conducted at the risk of the grant recipients.
vii) As part of the preparation of the project, the recipient shall prepare and, before
negotiating the grant agreement, furnish to the Bank for its approval, a procurement
plan. The plan shall be updated annually or as needed throughout the duration of
the project. The recipient shall implement the procurement plan in the manner it has
been approved by the Bank.
4.4. Terms of Financing

4.4.1. The resources of the MIC TAF will be provided on a grant basis, to eligible recipients for
the financing of eligible activities.
4.5. Disbursement arrangements

4.5.1. Disbursements from the MIC TAF will be subject to the Bank’s prevailing Disbursement
Rules, in particular the rules on suspension of disbursements.
4.5.2. The disbursement methods to be deployed will depend on the characteristics of each
project, the categories of expenditure to be financed and the ability of the recipient to
effectively manage the grant resources at its disposal.
4.5.3. For disbursements using the Special Account method, the EA is expected to open a Special
Account with an acceptable bank into which the proceeds of the grant are deposited.
Disbursements into the Special Account will be made according to a pre-established work
schedule, based on the given logical framework. Single disbursement should not exceed
30% of total grant amount. Any exception needs a no-objection from the Bank. Funds
advanced to the Special Account must be justified on a regular basis. Unused balance or
amount used to finance ineligible expenses must be reimbursed to the Bank at the end of
the project.

15
This can be an individual consultant that is suitably qualified also. See Section 2.5.8 for limitations and exclusions.

8
4.5.4. If there are unjustified Special Account balances in the MIC TAF country related to closed
projects in the portfolio, the Special Account method will not be possible for new projects
for the RMC.
4.5.5. The MIC TAF disbursement currencies permissible for direct payments are Euros and US
Dollars only.

4.6. Financial Management arrangements

4.6.1. Acceptable minimum financial management arrangements will enable the projects to report
on a timely basis on their operations, facilitate disbursement and enable external auditors
to properly discharge on their duties. The process will be kept simple: Financial
management will comprise the following six elements: (i) budgeting, (ii) accounting, (iii)
reporting, (iv) internal control, (v) treasury management at the project level and (vi)
external audit.
4.6.2. The Financial Management (FM) framework under the MIC TAF shall be in accordance
with the Bank’s financial management Rules and Procedures as set out in the prevailing
Financial Management Policy in African Development Bank Group Financed Operations
(2014), Financial Management Manual (2014) and the Financial Management Guidelines
for Investment Lending Operations (2016). The Financial Management Specialist (FMS)
will specify simplified FM arrangements and record these in the project appraisal report.
No fiduciary risk assessment is required. Arrangements will be designed as follows:
4.6.3. Budgeting. For every fiscal year the budget will be prepared on the basis of project
components and annual work plan.
4.6.4. Accounting. The EA will ensure that acceptable accounting arrangements enabling
complete recording of financial transactions and smooth issuance of financial statements
are in place at first disbursement. All records supporting the transactions reflected in the
accounting books (vouchers, bills, invoices, etc.) will be filed safely. The Project chart of
accounts will be developed to meet the specific needs of the project. National accounting
standards will apply.
4.6.5. Interim financial reporting. The EA of the project will be requested to submit a semi-annual
interim financial report (IFR) deemed to provide timely information on project
performance. The semi-annual IFR will include a statement of sources (funds received from
the Bank, counterpart funding and where applicable, co-financiers’ funding) and uses of
funds (expenditures incurred for both the current reporting period and accumulated to-
date), a statement of expenditures classified by project components showing comparisons
with budgets for the reporting period (six months) and cumulatively for the project life;
cash forecast for the next six months; special account activity statements and explanatory
notes to the IFR. The IFR will be prepared and submitted to the Bank within 45 days after
the end of each reporting period. The Bank will review the report and provide its comments
and requirements to the executing agency and follow up on the implementation of any
recommendation made
4.6.6. Internal control. A simplified administrative financial and accounting procedures manual
will be developed. The main features of this document will comprise: (i) Job descriptions
with clear segregation of duties, (ii) financial management procedures (budget, accounting,
interim reporting periodicity and template, treasury management including disbursement
methods, bank reconciliation periodicity, TOR for the external review engagement) and,
(iii) simplified procurement methods.

9
 4.6.7. External review engagement at completion. All MIC TAF operations shall be subject to
one review engagement undertaken at completion according to the TOR in Annex III.
External review engagement will be performed according to International Standards on
Auditing (ISA). The review engagement report will be submitted to the Bank no later than
6 months after the end of the completion date. The financial statements subject to the review
engagement are those described above in 4.6.5. established on a project lifetime basis,
including the notes to the financial statements.
4.6.8. Fiduciary assurance. In addition to the review of the external review engagement report
and the follow up of any recommendations thereof, fiduciary assurance will be provided
through (i) desk review of IFR and follow up of the recommendations made on that basis
and (ii) on-site annual supervision missions to ensure that financial management
arrangements continue to operate adequately.
4.7. Cancellation arrangements

4.7.1. Grants will be subject to ADB cancellation guidelines.16 The objective of these cancellation
guidelines is to manage cancellation proactively, and promptly reallocate resources to new
projects.
4.8. Use of savings

4.8.1. The use of savings will not be permitted. Any unused funds from the grants should be
returned to the central MIC TAF pool.

5. REPORTING ARRANGEMENTS

5.1. MIC TAF Implementation Progress Reports

5.1.1. All MIC TAF grants will be subject to a Bank project launch workshop, jointly held with
the recipient, immediately after the signature of the grant agreement.
5.1.2. In line with the Bank’s decentralization, Bank staff from Regional Hubs and Country
Offices should be selected to be Task Managers/Co-Task Managers. They will be expected
to carry out one supervision mission per year, and report using the Bank’s standard
Implementation Progress Report format.
5.1.3. Beneficiaries of the MIC TAF will be required to submit semi-annual progress reports on
the implementation of the activities financed by the grant. These semi-annual progress
reports will be required to cover all aspects of implementation including technical,
institutional, social, procurement and financial management matters. The IFR requested in
Section 4.6.5 above should be annexed to the semi-annual progress report. More frequent
reporting intervals can be agreed upon as appropriate at appraisal, depending on the
duration, amount and nature of activities in the grant.
5.2. MIC TAF Completion Reports

5.2.1. Near the end of each MIC TAF operation, regardless of size, the concerned Task Manager,
in collaboration with the recipient, shall undertake a completion report to evaluate the
impact of the grant. This report shall follow the completion report format in Annex IV.

16
These guidelines are contained in the Revised Guidelines on Cancellation of Approved Loans, Grants and Guarantees
(ADB/BD/WP/2010/106/Rev.3 - ADF/BD/WP/2010/62/Rev.3) and in the Standard conditions applicable to grants made
by the African Development Bank and the African Development Fund from the resources of various funds, as amended
from time to time.

10
5.3. Annual Report to the Board of Directors

5.3.1. The MIC TAF focal point will submit to the Board of Directors a MIC TAF annual report
for consideration on a lapse of time basis (LOTB) latest by the end of the first quarter of
the following year.
5.3.2. The annual report shall provide an overview on the utilization of resources and key pipeline
and portfolio information. It shall also include a self-assessment section based on
performance indicators to monitor the effectiveness of the revised guidelines, including: (i)
balanced regional utilization of MIC TAF resources (ii) portfolio indicators, such as
disbursement rates and time from approval to signature, first disbursement and last
disbursement, and (iii) number of grants qualifying for cancellation.

6. RECOMMENDATION

6.1. The Board of Directors is hereby invited to take note of the 2020 Guidelines for the
Administration and Utilization of the MIC TAF, which seek to improve the efficiency,
effectiveness and sustainability of the Fund.

11
 ANNEXES
I. MIDDLE-INCOME COUNTRY TECHNICAL ASSISTANCE FUND
REQUEST FORM

(to be completed by Recipient Country)

1. Title of Project

2. Country

3. Executing Agency

a) Name

b) Address

4. Specific objectives and outputs of the

project (including linkages to AfDB
lending pipeline or ongoing AfDB
portfolio)

5. Description of the activities (the detailed

activities to be undertaken description and
economic justification)

6. Previous experience in executing AfDB

projects, or similar grants with other
development partners

7. Total Project Cost Estimates in UA

8. Financing Plan

a) AfDB

b) Government (min 15% in cash

or in-kind)

c) Co-financiers

d) Total

9. Proposed Mode of Procurement (emphasis

to be placed on use of advance contracting)

a) Services

I
 b) Goods

c) Others, including Training of

local staff

10. Implementation Plan (the implementation

schedule for the proposed activity,
including the capacity of the executing
agency to implement the activity. Project
proposals should be designed to minimize
the number of conditions to be satisfied
before the grant can be declared effective);

11. Evidence of Government Commitment to

Implement the targeted Project/Study or
Program (Inclusion in the CSP)

a) explain and rate the

probability that the targeted
project/study or program is a
Government priority:

b) provide name of Project

coordinator who would be in-charge
of monitoring the activities and the
use of the TA Fund

12. Terms of Reference (if any to be attached

also)

II
II. MIC TAF REQUEST FOR APPROVAL MEMORANDUM

(To be used by Bank staff)

Results-Based Logical Framework

Country:
Project name:
SAP Code:
Purpose of the
project :

PERFORMANCE
RESULTS INDICATORS MEANS OF RISKS/MITIGATION
CHAIN Indicator VERIFICATION MEASURES
(including Baseline Target
CSI)
IMPACT

Impact

Outcome 1
OUTCOMES

Outcome 2

Component 1
Output 1.1
Output 1.2
Etc.
OUTPUTS

Component 2
Output 2.1
Output 2.2
Etc

COMPONENTS INPUTS
KEY ACTIVITIES

Component 1 Component 1

Component 2 Component 2

Etc. Etc.

III
1. Introduction
1.1 Background Information
1.2 Project Objectives
1.3 Sector/Regional Department/Country Office responsible for preparing the Request
1.4 Request Form cleared by RDVP (Y/N) with date (Note: Only Request Forms cleared by
VP, RDVP are eligible for processing and approval)
1.5 Justification for the use of resources:
− For Project Preparation: Is the project included in the Bank’s Indicative Operational
Program (IOP)? Provide SAP code of linked pipeline project.
− For Technical Assistance and Advisory Services: How will the intended intervention
strengthen the Beneficiary’s institutions to better prepare for future projects or help
better implement ongoing ones? How will it enhance strategic engagement?

2. Project Description

2.1 Description of project components

2.2 Description of the expected outputs and their linkages to the targeted project or program (if
applicable)

3. Cost Estimates of the project (in UA)

3.1 Detailed cost estimates (broken down into foreign and local costs)
3.2 Financing plan
3.3 Cost estimates by components
3.4 Cost estimates by categories of expenditure and by financing sources (MIC TAF,
recipient’s contribution, other co-financiers)
4. Mode of Procurement of services and limited goods (if applicable)17
4.1 Mode of Procurement of Services
4.2 Mode of Procurement of Goods
4.3 Mode of Procurement for Training activities

5. Financing Arrangements (to be discussed and agreed with the Recipient)

5.1 Disbursement modalities
5.2 Financial management requirements

17
Including information on whether or not advanced contracting is being utilized, and the rationale for the choice.
IV
6. Implementing modalities and project schedule
6.1 Institutional capacity assessment, arrangements and implementing modalities (including
previous experience of recipient with executing AfDB projects or similar funds)
6.2 Timing of activities planned

7. Draft Work Program and procurement schedule

8. Legal provisions (to be discussed and agreed with Government)
9. Conclusions and Recommendations for Bank’s Consideration

Annexes:
1) Official Request from Focal Ministry (Minister of Finance, Minister of International
Cooperation, etc)
2) Terms of References for consultancy services
3) Project Procurement Plan
4) Other relevant annexes including maps etc.

N.B The Memorandum is limited to a maximum of 10 pages excluding Annexes

V
 III. TERMS OF REFERENCE TO REVIEW FINANCIAL STATEMENTS OF
SMALL OPERATIONS AND TRUST FUNDS FINANCED BY THE BANK
GROUP

I. BACKGROUND

1.1 The African Development Bank Group (the Bank) has been supporting (name the recipient:
Government of Country XY/NGO/CSO…) in its development efforts since 19XX/20XX
(insert period). A Grant of UA XX million (insert amount) was approved in 19XX/20XX
(insert period) to finance the (name the Project/program).

1.2 Provide other information such as Development objectives of the project/program; Institutional
and project/program financial management arrangements; other co-financiers if any; financial
year/period to be audited; level of disbursements; and any other pertinent information that
should be brought to the attention of the practitioner.

II. OBJECTIVE OF THE REVIEW ENGAGEMENT

2.1 The practitioner’s objectives in a review of financial statements under ISRE 2400 are to:
2.1.1 Obtain limited assurance primarily by performing inquiry and analytical procedures about
whether the financial statements as a whole are free from material misstatement, thereby
enabling the practitioner to express a conclusion on whether anything has come to the
his/her, attention that causes the him/her practitioner to believe that the financial statements
are not prepared in all material respects in accordance with an applicable financial reporting
framework; and
2.1.2 Form a conclusion, report on the financial statements as a whole, and communicate as
required by this ISRE (negative opinion)
2.1.3 Obtain limited assurance whether the project/program books of accounts provide the basis
for preparation of the PFSs by the project/program implementing unit and are established
to reflect the financial transactions in respect of the project/program. The PIU maintains
adequate internal controls and supporting documentation for transactions.

III. RESPONSIBILITY FOR PREPARATION OF FINANCIAL STATEMENTS

3.1 The responsibility for the preparation of PFSs lies with the Project/program Management.
The Project/program Management is also responsible for:

3.1.1 The selection and application of accounting policies. Project/program Management will
prepare the PFSs in accordance with applicable accounting standards-either the
International Public Sector Accounting Standards (IPSASs), International Financial
Reporting Standards (IFRs), or National Accounting Standards;

3.1.2 Implementing accounting, administrative and financial procedures documented in the

applicable procedure manuals.

The practitioner is responsible for expressing conclusions on the objectives of the review
engagement as stated in paragraph 2.1 above.

VI
IV. SCOPE OF THE REVIEW ENGAGEMENT

4.1 The review will be carried out in accordance with the International Standards on Review
Engagement (ISRE 2400) on the following Subject Matters:

(a) All funds including counterpart funds and other external funds (in case of co-financing) have
been used in accordance with the conditions of the Grant agreement(s), with due attention to
economy and efficiency and only for the purposes for which the funds were provided;
(b) Goods, works and services financed have been procured in accordance with the financing
agreement; and have been properly accounted for;
(c) Appropriate supporting documents, records and books of accounts relating to all
project/program activities have been kept;
(d) Disbursements of funds have been made based on the Disbursement Handbook and in
accordance with the conditions of the Grant or Credit agreements;
(e) Special accounts have been maintained in accordance with the provisions of the Grant agreement
and in accordance with the Bank’s disbursement rules and procedures;
(f) Payments made using project/program funds relate to project/program activities as stated in the
project/program progress reports;
(g) The financial statements have been prepared by project/program management in accordance
with applicable reporting framework;
(h) There are no ineligible expenditures identified during the review.

V. FINANCIAL STATEMENTS

5.1 The practitioner shall verify that the PFSs have been prepared in accordance with agreed
accounting standards (refer to paragraph III above) and give a true and fair view of the financial
position of the project at the relevant date.

5.2 For financial reporting purposes, the practitioner shall verify and ensure the PFSs have been
presented using the Borrower’s functional currency. Where functional currency is not used for
the purpose of PFSs presentation, full exchange translation is required. The auditor shall obtain
from management the rationale and justification for use of a presentation currency different
from the functional currency.

5.3 The project/program financial statements prepared by project/program management shall

include:

i. Statement of Sources18 (funds received from the Bank, counterpart funding and where
applicable, co-financiers’ funding) and Uses of Funds (expenditures incurred for both the
current year and accumulated to-date) showing separately Bank’s funding, those of
counterparty and co-financiers if applicable and cash balances;

18Any revenue generated by the Project/program e.g. sale of bid documents, disposal of project/program assets, bank
credit interests earned in the special account and fees earned should be accounted for and disclosed.

VII
 ii. Notes to the Financial Statements:
a) Describing the applicable accounting policies;
b) Giving a breakdown of significant balances;
c) Presenting a reconciliation between the amount shown as “received
from the Bank” and that shown as having been disbursed by the Bank.

VI. SPECIAL ACCOUNTS AND OTHER PROJECT/PROGRAM BANKS ACCOUNTS

6.1 The practitioner shall review documents relating to the use of the Special Account (SA) to
ensure that:
a) All Statements Of Expenditures (SOE) submitted in support of SA replenishment are
consistent with the supporting documentation;

b) The internal control governing the use for SA is adequate and could be relied upon to
justify continuous requests for replenishment;

c) For each review engagement, based on the outstanding balance on the special account
(SA) received from the Bank, the borrower will avail to the practitioner, corresponding
SOE with the supporting documents justifying use of the outstanding balance, for the
audit in question.

d) The practitioner is required to review specific SOE and the related supporting documents
and report on its accuracy and objectivity in the Management Letter. Any discrepancy –
if material - will be reported likewise in the Management Letter. The SOE including its
supporting documents will be attached as an annex to the financial statements in the
practitioner’s report.
e) Any inter-account funds transfers’ between the SA and other project bank accounts on
one hand; and between all project bank accounts (including SA) and other non-project
accounts during the financial year are justified.
f) For last audit engagement, determine whether all SA liquidation procedures have been
complied with including; submission of all SOEs covering use of SA resources, transfer
of unutilized SA balances and closure of SA.
6.2 The practitioner shall :
a) Agreed cash contributions were budgeted in the central government annual budget and
released on time to the project/program either counterpart account as planned.
b) Ensure all counterpart funds have been used for the purpose of the project/program
c) Adequate basis exists for valuation of In-kind counterpart contribution for inclusion into
the financial statements.

VII. REVIEW REPORT

7.1 The review report shall be prepared in accordance with ISRE 2400, and should comprise:

(i) A Report on the Financial Statements and

(ii) A Management Letter.

VIII
 The report on the financial statements will include:

(a) the practitioner’s statement of negative assurance (opinion) and

(b) a complete set of project/program’s financial statements including explanatory notes as
appropriate.

The Management Letter will:

i. Identify specific deficiencies and areas of weakness in systems and controls
ii. Report on the appropriate justification of the special accounts and for the specific case of the
last review engagement, indicate the status of and actions taken by management to clear the
outstanding balances of the special accounts in the Bank’s books and the balances in the special
accounts themselves and
iii.Identify deficiencies and weaknesses issued from the review of project/program technical progress
reports (relating to pace of implementation, cost, adherence to technical specifications and similar)
and make recommendations for improvement.

iv. Include reactions/comments from management on the recommendations and weaknesses noted
by the practitioner. Expenditures that are considered either ineligible paid out of the special
account (s) or which have been claimed from the Bank will be mentioned in the Management
Letter based on their materiality.

VIII. REVIEW OF THE PRACTITIONER’S REPORT

8.1 The Bank shall follow internal review processes and undertake a comprehensive review of
the practitioner’s and provide feedback to the Borrower with appropriate recommendations
including acceptability or otherwise of the report;
8.2 In the case of the review carried out by a private practitioner, payment of the practitioner’s
fees shall be upon review and clearance of the report by the Bank;
8.3 The Bank reserves the right to request and review the practitioner’s working papers and any
other information related to the work done by the practitioner;

IX. GENERAL INFORMATION

9.1 The review report should be received by the Executing Agency no later than on the date
agreed in the relevant review contract, to enable submission of the review report to the Bank
within the timelines stipulated in the legal agreement;
9.2 The practitioner should be given access to all legal documents, correspondence and any
other information associated with the project/program as deemed necessary by them.
Confirmation of amounts disbursed and outstanding at the Bank should also be obtained.
The project/program task manager at the Bank can assist in obtaining these confirmations.
9.3 The practitioners should be given access to all technical documents and reports relating to
project/program implementation.
9.4 It is recommended that the practitioners become familiar with the following documents that
may have been prepared by the Bank:
(a) General Conditions Applicable to Grant Agreements;
(b) Grant Agreement;
IX
 (c) Project/program Appraisal Report;
(d) Financial Management Manual
(e) SOEs used to request/justify the replenishment of the special accounts
(f) Disbursement Handbook;
(g) Procurement rules and procedures for works, goods and services;
(h) Technical studies made for project/program implementation;
(i) Technical progress reports.

X. PRACTITIONER EXPERIENCE AND QUALIFICATIONS

10.1 The practitioner should be registered and have a license from a national or regional
professional Accountancy Body. He should have relevant experience in accounting and
auditing of development project/programs, especially donor-funded operations.

10.2 The review team will comprise, at least:

(a) A team leader, professional accountant (ACCA,CA,CPA, Expert Comptable) with
minimum of 10 years post-qualification experience including auditing of multilateral
donor-funded projects/programs and appreciation of project/program realization
reports; and

Assistant(s) with 5 years field auditing experience including audit of multilateral donor-
funded projects/programs.

X
 IV. FORMAT FOR PREPARATION OF MIC TAF COMPLETION REPORT

MIC TAF COMPLETION REPORT

AFRICAN
DEVELOPMENT
BANK GROUP

I BASIC DATA

A Report data

Report date Date of report: <ENTER HERE>

Mission date (if field mission) From: <ENTER HERE> To: <ENTER HERE>

B Responsible Bank staff

Positions At completion
Director General
Sector Director
Sector Manager
Task Manager
PCR Team Members

C Project data

Project name:
Project SAP code: Country:
Sector: Executing Agency:
Processing milestones
MIC TAF Grant
Date approved: Original disbursement deadline:
Date signed: Revised (if applicable) disbursement deadline:
Date of entry into force: Original closing date:
Date effective for 1st disbursement: Revised (if applicable) closing date:
Date of actual 1st disbursement: Cancelled amounts:
Financing source/instrument Disbursed Percentage Undisbursed Percentage
amount disbursed (%): amount (UA): undisbursed (%):
(amount, UA):
MIC TAF Grant
Government:
Other (eg. co-financiers). Add rows
as needed
TOTAL

XI
 II Project performance assessment

A Relevance

Relevance of project design (Appropriateness of objectives, terms of reference, executing arrangements, and
implementation schedule)

Narrative assessment (max 250 words)

B Effectiveness
Progress towards the project’s objective

Comments
Provide an assessment of how the MIC TAF resources deployed were able to achieve the aim of improving the
Bank’s pipeline of lending operations (though linked to new operation, directly or indirectly) or improving the
performance of ongoing portfolio of operations in the RMC (through e.g. support to policy dialogue and reforms
linked to PBOs or other area).

SAP code of linked SRAS IOP Year or Year of Approval:

Pipeline Project or Ongoing Operation:

1. Outcome reporting

Outcome Baseline Most End Progress Narrative assessment

indicators (as per value recent target towards (indicative max length: 50 words per outcome)
RBLF; add more (Year) value (C) target
rows as needed)
(A) (B) (expected (% realized)
value at [(B-A)/(C-
project A)]
completion
)
Outcome 1:
Outcome 2:
Narrative assessment of each outcome, highlighting why targets were not realised, and key lessons learnt

2. Output reporting

Output Most recent End target Progress Narrative assessment

indicators (as value (B) towards (indicative max length: 50 words per output)
specified in the (A) (expected value target
RBLF; add more at project
rows as needed) (% realized)
completion)
(A/B)
Output 1:
Output 2:
Narrative assessment of each output, realised or not realised, and key lessons learnt

XII
C Efficiency
Timeliness

Planned project duration – years (A) (from Actual implementation time – years (B)
effectiveness for 1st disb “PAR”)

Narrative assessment of key lessons learnt

D Sustainability
Institutional sustainability

Narrative assessment

III Performance of stakeholders

Bank performance

Narrative assessment and lessons learnt to guide future MIC TAF grants

Beneficiary performance

Narrative assessment and lessons learnt to guide future MIC TAF grants

IV Key lessons learned and recommendations

Key lessons learned & key recommendations (for country, sector, instrument choice, etc)

Key lessons learned Key recommendation

XIII
V. MIC TAF PROCESS FLOWCHART

XIV
 VI. MIC TAF DELEGATION OF AUTHORITY MATRIX

Authority Codes
RDVP
I Initiate/Originate
C Check and Verify
Process: Middle-Income Country Technical Assistance Fund (MIC TAF)
R Review / Recommend
A Approve / Sign
Date: February 2020 (i) To Be Informed

FOCAL POINT

RDVP, VP
MIC TAF

CM/DDG
Ref. ACTION

DG/SD
TQAC
CPO

RPO
TM
1
1.1 MIC TAF Resource Allocation I (i) (i) A
1.2 MIC TAF Pipeline Prioritization for Financing
1.2.1 Inclusion of Proposal in Pipeline I C (i) A
1.2.2 Prioritization of Pipeline I (i) R A
1.3 Processing of Prioritized MIC TAF Projects
1.3.1 Grants ≤ UA 500,000 I (i) C R A
1.3.1 Grants > UA 500,000 I (i) C R R A

XV