[{"bbox": [125, 119, 434, 145], "category": "Section-header", "text": "## 2 RISKS AND ASSUMPTIONS"}, {"bbox": [123, 156, 1106, 1039], "category": "Table", "text": "<table><thead><tr><td>Risks</td><td>Risk (H/M/L)</td><td>Mitigating measures</td></tr></thead><tbody><tr><td>The current political appetite for PFM reforms might not be sustained in the run-up to the elections (2019) and beyond</td><td>H</td><td>The EU will seek to strengthen high level political dialogue on PFM.</td></tr><tr><td>Poor staff working ethics could jeopardise/slow down reform efforts</td><td>H</td><td>One component of this programme shall specifically address this challenge, which has been recognised by all stakeholders as one of the main bottlenecks.</td></tr><tr><td>Challenging political economy, resistance to change by those benefiting from the current system, and weak enforcement of rules and regulations could jeopardise/slow down reform efforts</td><td>H</td><td>One component of this programme \"change management\" shall specifically address this challenge, which has been recognised by all stakeholders as one of the main bottlenecks.</td></tr><tr><td>Loss of 'key reformers' could jeopardise/slow down reform efforts</td><td>M</td><td>Maintain engagement and discussion with a wide range of PFM stakeholders in government.</td></tr><tr><td>Increased fragmentation of PFM support programmes could slow down PFM reform efforts</td><td>M</td><td>Maintain and strengthen PFM coordination and support the ministry with an effective Technical Assistance structure.</td></tr><tr><td>Basic capacity gaps in PFM institutions might jeopardise/slow down reform efforts</td><td>H</td><td>Strong coordination with other PFM reform initiatives by other DPs to ensure that capacity gaps will be addressed.</td></tr><tr><td>Failure to procure new IFMIS* and possible collapse of old IFMIS could slow down PFM reform efforts</td><td>M</td><td>Close monitoring of procurement process and extension of FROIP* to support existing system.</td></tr><tr><td>Non or slow progress in the implementation of the PFM Rolling Plan</td><td>M</td><td>Various areas in the PFM Rolling Plan have been included in benchmarks of WB and IMF programmes as well as in the EU Budget Support Roadmap. The Government has instituted a weekly review committee to monitor progress. Nevertheless, from past experience it is to be expected that certain areas will move slower than others.</td></tr><tr><td>Risk of shrinking civil society space to operate freely, based on draft NGO policy and subsequent law amendments</td><td>M</td><td>Policy dialogue with Government on draft NGO policy to maintain freedom of CSOs in Malawi.</td></tr></tbody></table>"}, {"bbox": [133, 1040, 251, 1064], "category": "Section-header", "text": "### Assumptions"}, {"bbox": [136, 1066, 1087, 1112], "category": "List-item", "text": "* The Government will support PFM reforms by providing, and if necessary improving, the legal and regulatory framework."}, {"bbox": [136, 1115, 1014, 1138], "category": "List-item", "text": "* The PFMS Division will continue to execute its mandate as the coordinator of PFM reform activities."}, {"bbox": [136, 1141, 1092, 1165], "category": "List-item", "text": "* The governance structure to oversee PFM reform implementation will continue to be implemented at all levels."}, {"bbox": [136, 1167, 1000, 1191], "category": "List-item", "text": "* No major external shocks will diminish the Government's attention to PFM reform implementation."}, {"bbox": [125, 1206, 594, 1231], "category": "Footnote", "text": "* Integrated Financial Management Information System"}, {"bbox": [125, 1232, 611, 1257], "category": "Footnote", "text": "* Financial Reporting and Oversight Improvement Project"}, {"bbox": [125, 1338, 612, 1363], "category": "Section-header", "text": "## 3 LESSONS LEARNT AND COMPLEMENTARITY"}, {"bbox": [125, 1380, 341, 1405], "category": "Section-header", "text": "### 3.1 Lessons learnt"}, {"bbox": [125, 1419, 1101, 1475], "category": "Text", "text": "Based on the comprehensive evaluation of PFM reforms in Malawi covering 2001-2010¹⁸, some of the lessons learnt are:"}, {"bbox": [125, 1582, 1100, 1628], "category": "Footnote", "text": "¹⁸ Evaluation of Public Financial Management Reform in Malawi 2001-2010\" Joint Evaluation by AfDB, DANIDA and SIDA, Sept 2012, https://www.oecd.org/derec/afdb/malawi.pdf"}, {"bbox": [608, 1666, 620, 1686], "category": "Page-footer", "text": "8"}]