[{"bbox": [130, 88, 189, 112], "category": "Section-header", "text": "Risks"}, {"bbox": [89, 126, 1654, 1131], "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 rowspan=\"3\">Political</td><td>Changes on the political sphere might reduce support to the continuity of the PFM reform.</td><td>Medium</td><td>High</td><td>The EUD, in coordination with external partners, will keep the PFM reform high in the agenda of the policy dialogue with the government.</td></tr><tr><td>Other, complementary, key reforms (like civil service management, strategic sector planning, and decentralization) do not progress at the desired pace, which may compromise the success of public finance reform.</td><td>Medium</td><td>High</td><td>The EUD will approach policy dialogue in a comprehensive manner, interlinking the different policy domains.</td></tr><tr><td>The high-level vulnerability to exogenous shocks (e.g. sudden change in international prices, climate-related) will divert political priorities from the PFM reform.</td><td>Medium</td><td>High</td><td>In coordination with other international partners, the EUD will emphasize the need to keep the PFM reform and a sound fiscal policy as part of the key priorities.</td></tr><tr><td rowspan=\"3\">Public Finance Management</td><td>Institutional and organizational reforms envisaging the control of corruption and budget oversight by external independent entities could not be effective enough.</td><td>Medium</td><td>High</td><td>The EUD will monitor these particular reforms and will give them priority in the agenda dialogue with the government. The dialogue with the implementing team of the Complementary measures of the PFMO budget support programme will be ensured and reinforced.</td></tr><tr><td>The financing of the PFM reform is not clearly assumed by the government, and not inscribed in the state budget</td><td>Medium</td><td>High</td><td>The preparation of the state budget will be systematically monitored. If need be, through the regular policy dialogue between the EUD and the government, the adequate budgeting of the reform actions will be included in the agenda of discussions.</td></tr><tr><td>Coordination among the main stakeholders is weak and negatively affects decision-making about the advancement of reforms</td><td>Low</td><td>Medium</td><td>The EUD, in coordination with other partners, will obtain assurance from the government that budget reform coordination mechanisms will be in place since the beginning.</td></tr><tr><td rowspan=\"2\">Organisational</td><td>The technical capacity of the staff of the Ministry of Finance is weak and does not allow an adequate absorption of the TA advising and recommendations, including on human rights and gender equality.</td><td>Low</td><td>Medium</td><td>The TA team will adopt a hands-on and direct approach with the managerial and technical staff of the ministry in order to maximize the transfer of knowledge. Moreover, the TA team will pay particular attention to the formulation and execution of training programmes, particularly in the domains of their expertise. It will also support the Ministry to launch a comprehensive capacity building assessment as a basis for the design of a capacity-building strategy, with a human rights and gender equality perspective.</td></tr><tr><td>Key legislation is not passed in a timely manner, which slows down the progress of reforms</td><td>High</td><td>Medium</td><td>The TA team, under the supervision of the EUD, will foster awareness raising inside the administration on the reform objectives and the need to accelerate the legislative process.</td></tr><tr><td>Operational</td><td>The mobilization of the technical assistants encounters obstacles in finding suitable and professional profiles. The availability of consultants for long-term missions could also constitute an obstacle.</td><td>High</td><td>High</td><td>The EUD project manager will ensure the availability of consultants with a suitable profile. As a response to this risk, the project management must propose alternative solutions in order to guarantee that the project objectives will be achieved.</td></tr></tbody></table>"}, {"bbox": [530, 1134, 649, 1158], "category": "Page-footer", "text": "Page 13 of 21"}]