[{"bbox": [146, 151, 485, 180], "category": "Section-header", "text": "## 3.4 Risks and Lessons Learnt"}, {"bbox": [146, 193, 1072, 1418], "category": "Table", "text": "<table><thead><tr><td>Category</td><td>Risks</td><td>Likelihood</td><td>Impact</td><td>Mitigating measures</td></tr></thead><tbody><tr><td>Risk Related to the Macroeconomic Context</td><td>Malawi is experiencing severe fiscal pressures and faces the risk of not having sufficient additional fiscal space for expanding coverage of social protection and other interventions</td><td>High</td><td>Medium</td><td>In line with GoM's vision, the Action will support a harmonised and coherent approach toward the financing of an integrated SP system, gradually supporting the reform of non-performing initiatives (e.g. AIP) and freeing up resources for the expansion and improvement of effective interventions (e.g. SCTP). Studies offering options for domestic resource mobilisation will be conducted by the Action i.e. role of informal economy.</td></tr><tr><td>Risks related to people and the organisation</td><td>GoM Institutional capacity for implementation and sustainability</td><td>Medium</td><td>High</td><td>The Action, as its predecessors, will prioritise the strengthening of national and subnational implementation capacities across all relevant areas. The chronic issue related to the understaffing of government counterparts at central and local level will be mitigated through the provision of contract staff to be gradually absorbed by GoM based on an agreed plan.</td></tr><tr><td>Risks related to legality and regularity aspects</td><td>Fiduciary Risk</td><td>Medium</td><td>High</td><td>The Action is to be implemented in indirect management with partners that ensure the establishment of adequate safeguards when channelling funds through government systems.</td></tr><tr><td>Risks Related to external environment</td><td>Systemic shocks significantly affecting programme operations (beyond what would typically be planned under SSSP contingency planning)</td><td>Medium</td><td>Medium</td><td>The Action will keep investing in the streamlining and institutionalisation of shock-responsive mechanisms in social protection interventions. The harmonisation of DPs' support through the sector, via pooling arrangements will also allow for more flexibility in responding to external shocks.</td></tr></tbody></table>"}, {"bbox": [157, 1425, 316, 1449], "category": "Section-header", "text": "**Lessons Learnt:**"}, {"bbox": [157, 1457, 1064, 1591], "category": "Text", "text": "For what concern the social protection sector, the Action builds on the findings of the mid-term review of the Malawi National Social Support Programme II, of the three randomised control trials of the SCTP conducted between 2013 and 2022 (new baseline for the SCTP Impact evaluation, financed by the EU, recently finalised), and of the project evaluation of the pilot initiatives on resilience building targeting ultra-poor households supported also with EU funding (ProAct 17-19"}, {"bbox": [965, 1680, 1080, 1704], "category": "Page-footer", "text": "Page 12 of 24"}]