Stage II HPMP does NOT fit with any of the criteria which makes a MTR mandatory. Please see below the detailed screenings. 1. NA. Stage II HPMP (five tranches in total, UNDP only received $ for four tranches) for UNDP is 4.9 million. This number includes the PMU budget already. So real budget/expense Stage II for UNDP is well below the 5 million threshold. 2. Applicable, but we will do PCR (project completion report) at the end of Stage II, just like at the end of Stage I. Stage II HPMP still has Tranche 5 (to be applied with, and PCR (equivalent of TE) will be done at the end of Tranche 5. Considering the above, MTR is not applicable at this stage for the project. Most importantly, HPMP projects already have in place annual reporting, annual consumption verification, reporting at the time of submission of new tranches (four reports submitted to MLF so far) and project completion reports (PCRs) at the completion of a Stage of a projects. A separate MTR would be completely duplicative. This is why all COs we work with at the Region chose NOT to engage in MTR, even though it’s optional. However, a final evaluation of the project will be included in the next programme cycle evaluation plan and will be commissioned in close consultation with relevant RTA.