Since its establishment, the Palestinian recovery and development plan multi donor trust fund (PRDP MDTF or MDTF) has been instrumental as a channel for donors' resources to the Palestinian Authority (PA), supporting critical institutional reforms. The development policy grant (DPGs) provided a series of key reforms that donors decided to support by channeling funds through the MDTF. Donors' budget support through the MDTF contributed to alleviating the PA fiscal pressure by providing reliable disbursements on a regular basis. Considering the impact realized and challenges faced by the PRDP MDTF, there are important lessons to be learned from this experience. The overall objective of the PRDP MDTF as stated in the Administration Agreement (AA) was to provide budget and development support for the PA's policy agenda as expressed in the PRDP in the period from 2008 until 2010.