[{"bbox": [82, 117, 1145, 224], "category": "Text", "text": "discipline, further increase domestic resource mobilisation and improve policy-based budgeting and allocation of financial resources for an improved service delivery to citizens. Also, a better linkage between economic planning and budget formulation will, in particular, help take into account the prioritisation of pro-poor spending, gender issues, natural resources management and environment preservation."}, {"bbox": [82, 224, 1143, 250], "category": "Text", "text": "As a result, improvement in governance will therefore help to foster better results in all the other priorities of the MIP."}, {"bbox": [86, 295, 410, 323], "category": "Section-header", "text": "### 3.4. Risks and Lessons Learnt"}, {"bbox": [68, 361, 1157, 1643], "category": "Table", "text": "<table><thead><tr><td>Category</td><td>Risks</td><td>Likelihood (High/ Medium/Low)</td><td>Impact (High/ Medium/Low)</td><td>Mitigating measures</td></tr></thead><tbody><tr><td>1-to the external environment</td><td>Risk 1 – Human rights related risks. The implementation of policy priorities to be promoted through this action, including accountability and transparency of government's actions, may be challenging without a sufficient human rights based approach.</td><td>H</td><td>H</td><td>Regular dialogue with the Government on issues of human rights and democracy. Dialogue on rule of law and effective fight against corruption. Transparent review of economic land concessions. Support and engagement of active CSOs to promote accountability and transparency.</td></tr><tr><td>1-to the external environment</td><td>Risk 2 – Corruption and external oversight. Effectively tackling corruption remains a potential risk for the objectives of mobilising further domestic revenue and budget reforms. The National Audit Authority (NAA) strategic plan remains outside the PFMRP creating risk that key accountability and transparency issues are not addressed through support to the PFMRP.</td><td>H</td><td>H</td><td>Addressed through a combination of continued support for PFM, anti-corruption institutions, civil society's oversight. Policy dialogue to advocate and promote reforms with the potential of improving the anti-corruption environment, decrease impunity and promote due prosecution. Promote systematic publication of audit reports.</td></tr><tr><td>1-to the external environment</td><td>Risk 3 – Climate change mitigation and adaptation. Cambodia is one of the most vulnerable countries to climate change in the world, while government capacities and resources, in particular at subnational levels, are very limited.</td><td>M</td><td>M</td><td>Addressed through the Team Europe Initiatives 1 and 2, currently in the pipeline under the MIP 2021/2027 to support climate sensitive and deforestation-free agricultural and industrial value chains.</td></tr><tr><td>1-to the external environment</td><td>Risk 4 – Inclusive growth, inequality and women's economic empowerment. In general, but also aggravated by the COVID-19 pandemic, a significant share of the Cambodian population, live in poverty. The households (about 40%) clustering just around the poverty line have become more</td><td>M</td><td>L</td><td>Engaging through policy dialogue with the Government to promote a post COVID-19 recovery strategy avoiding further widening of income gaps. Reform of public finance management systems is instrumental to increase social spending and improve service delivery.</td></tr></tbody></table>"}, {"bbox": [1039, 1662, 1156, 1686], "category": "Page-footer", "text": "Page 17 of 31"}]