[{"bbox": [72, 103, 417, 132], "category": "Section-header", "text": "## 3.4 Risks and Lessons Learnt"}, {"bbox": [72, 144, 1700, 1061], "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 in the political sphere might reduce support for 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 on 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 decentralisation) progress at a different pace, which may compromise the success of public finance reform.</td><td>Medium</td><td>High</td><td>The EUD will comprehensively approach policy dialogue, interlinking the different policy domains.</td></tr><tr><td>The high-level vulnerability to exogenous shocks (e.g., sudden changes in international prices and climate-related shocks) 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 emphasise the need to keep the PFM reform and a sound fiscal policy as critical priorities.</td></tr><tr><td rowspan=\"3\">Public Finance Management</td><td>Institutional and organisational 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 and prioritise these particular reforms in the agenda dialogue with the government. The dialogue with the implementing team regarding the Complementary measures of the budget support program will be ensured and reinforced.</td></tr><tr><td>The government does not assume the financing of the PFM reform, and it is not included in the state budget.</td><td>Medium</td><td>High</td><td>The preparation of the state budget will be systematically monitored. The EUD and the government will regularly engage in policy dialogue to ensure adequate budgeting for the reform actions.</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 from the beginning.</td></tr></tbody></table>"}, {"bbox": [1565, 1133, 1689, 1159], "category": "Page-footer", "text": "Page 24 of 41"}]