[{"bbox": [96, 183, 410, 208], "category": "Section-header", "text": "**Other considerations if relevant**"}, {"bbox": [96, 210, 1129, 384], "category": "Text", "text": "The Action contributes to the progressive achievement of SDG(s) especially SDG 1 (Ending Poverty), SDG 4 (Quality education), SDG 5 (Gender Equality), SDG 8 (Decent work and economic growth), SDG 9 (Industry, Innovation and Infrastructure), SDG 10 (Reduced inequalities) and SDG 16 (Peace Justice and Strong Institutions). It is further aligned with the RGoB's 12th FYP National Key Results Area 13 'Strengthening democracy and decentralisation' and is further aligned with the RGoB's Digital Drukyul Flagship Programme"}, {"bbox": [85, 398, 423, 426], "category": "Section-header", "text": "## 3.4 Risks and Lessons Learnt"}, {"bbox": [82, 441, 1167, 1635], "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>The impact of the COVID-19 pandemic is bound to exert unprecedented stress on the economy (e.g. loss of revenue, dependence on external market, vaccine roll out)</td><td>M</td><td>M</td><td>The Royal Government of Bhutan has managed the pandemic effectively by implementing the 2020 Economic Contingency Plan. The government has frontloaded 12th FYP foreseen investments to mitigate the COVID-19 impacts. It is expected that the socio-economic impact of the pandemic will continue to be managed by import substitution, domestic resource mobilization, diversification of the economy and skills development. Economic growth is expected to recover in FY2022 with strong policy responses to the pandemic, including the country's vaccination drive. The country has managed to fully vaccinate 72.8% of the adult population by December 2021.</td></tr><tr><td>1-to the external environment ;<br/>2-to planning, processes and systems;</td><td>i) Sluggish GDP growth rate.<br/>ii) Services sector output is expected to fall, as tourism activity is not expected to resume until travel restrictions and quarantine measures are withdrawn.<br/>iii) Labour shortages, high input prices, and trade disruptions will continue to affect</td><td>M</td><td>M</td><td>Implementation of macroeconomic and PFM reforms</td></tr></tbody></table>"}, {"bbox": [1026, 1680, 1142, 1704], "category": "Page-footer", "text": "Page 20 of 39"}]