[{"bbox": [81, 146, 1168, 1639], "category": "Table", "text": "<table><tr><td>Political</td><td>Risk 1: Government of Bangladesh (GoB)'s commitment to PFM reforms</td><td>Low</td><td>Low</td><td>Due to political changes, GoB's commitment to PFM reforms may change. However, in the 2nd PFM Action Plan 2024-28, which is the implementation roadmap for the PFM Strategy, external oversight/audit is considered a priority area.</td></tr><tr><td>Operational</td><td>Risk 2: Operational leadership for PFM reform</td><td>Medium</td><td>Medium</td><td>Under component 14 of the PFM Action Plan (2024-28), a Programme Implementation Team (PIT) at OCAG is established to ensure operational leadership for PFM Reforms.</td></tr><tr><td>Operational</td><td>Risk 3: Dependence on external experts</td><td>High</td><td>Medium</td><td>Ongoing professional development courses such as the Chartered Institute of Public Finance and Accountability (CIPFA) and Certified Information Systems Auditor (CISA) for OCAG officials will help to develop professional accountants and will gradually reduce the dependency on external experts.</td></tr><tr><td>Operational</td><td>Risk 4: Weak institutional capacity</td><td>Medium should be high</td><td>Medium</td><td>Ongoing professional and capacity development activities will help to improve the institutional capacity which will lead to sustainable PFM reforms.</td></tr><tr><td>Operational</td><td>Risk 5: Data protection and access to sensitive and personal data</td><td>High</td><td>High</td><td>OCAG and the EU Delegation will have to be vigilant regarding digitalisation. Digitalisation, while a fundamental tool in promoting good governance and accountability, also carries the potential for promoting social control and using data for political purposes. Exchange of OCAG data with governmental institutions of external parties will need to follow strict procedures. This will be defined when crafting the programme.</td></tr><tr><td>Macroeconomic/Financial</td><td>Risk 6: The Ministry of Finance may limit OCAG's Budget if the macroeconomic situation worsens, which would hamper OCAG in its endeavours</td><td>Medium</td><td>High</td><td>The EU, along with other development partners such as the International Monetary Fund (with which the Government has an ongoing programme until mid-2026) will monitor this closely.</td></tr><tr><td>Institutional capacity</td><td>Limited commitment to gender equality and women's empowerment, Human Rights Based Approach (HRBA) and People with Disabilities (PwD) by the targeted</td><td>High</td><td>High</td><td>The project will provide sufficient means to work with institutions and non-state actors on the importance of mainstreaming Gender Equality, HRBA and rights of PwD.</td></tr></table>"}, {"bbox": [1036, 1680, 1143, 1706], "category": "Page-footer", "text": "Page 9 of 13"}]