[{"bbox": [68, 145, 1130, 1616], "category": "Table", "text": "<table><tr><td></td><td>2022 created a new sense of partnership after years of mistrust, the outcome of the 2023 elections has strained again EU-Zimbabwe relations, which could make policy dialogue more difficult and impact negatively on the implementation of development cooperation programmes.</td><td></td><td>running. The Action benefits from the high level support of all lines ministries involved as it is supporting crucial sectors (agriculture, climate change, renewable energies, trade and commerce). Implementation of activities in the field should not be impacted by the political situation and high private sector involvement should keep the driving force intact.</td></tr><tr><td>Risks related to the external environment</td><td>In recent years, currency fluctuations have led to rising inflation. This can create an unpredictable environment for businesses and investors, as well as for development cooperation projects.</td><td>M</td><td>M</td><td>Zimbabwe's monetary policy regime allows the use of multicurrency and the USD is the dominant one. Ensuring that development cooperation transactions take place in USD mitigates this risk. Private sector actors who produce for the export market are less affected by the situation.</td></tr><tr><td>Risks related to the external environment</td><td>Currently, the State is substantially interventionist for a series of \"controlled crops\" which include cereals. While these policies are supporting agricultural development, a too high intervention in establishing prices and production targets may bias private sector engagement.</td><td>L</td><td>L</td><td>Under the current debt arrears clearance negotiations, the IMF and World Bank are discussing quasi-fiscal operations (which include guarantees for controlled crops) and request revision of the State interventions. This Action will involve the private sector to assure management dynamics.</td></tr><tr><td>Risks related to people and organisation</td><td>Weak institutional capacities of ministries and departments because of inadequate resources, both human and capital, may result in poor implementation and execution of development projects. This can lead to delays, cost overruns, and suboptimal results, which can ultimately impact the success of the project and its intended beneficiaries.</td><td>M</td><td>M</td><td>The Action addresses this through i) substantial capacity building and digitalisation of main processes such as in trade and ii) building on private sector dynamics.</td></tr><tr><td>Risks related to people and organisation</td><td>Operational Risk - Slow implementation of the programme due to limited engagement by targeted institutions and stakeholders (ex. lack of coordination among key stakeholders, competing priorities and weak leadership) as well as prevalence of discriminatory</td><td>L</td><td>L</td><td>The Action benefits from the high level support of all lines ministries involved as it is supporting crucial sectors (agriculture, climate change, renewable energies, trade and commerce). With proper coordination mechanisms in place, this risk will be minimised. Political support from national government to provincial and district levels will be sought. Community awareness-raising</td></tr></table>"}, {"bbox": [595, 1637, 620, 1661], "category": "Page-footer", "text": "17"}]