World Bank Document

 

Table 3: Systematic Operational Risk-Rating Tool 

 

Risk Category 

Rating (H, S, M or L)

Political and governance 

Substantial 

Macroeconomic  

Substantial  

Sector strategies and policies 

Moderate 

Technical design of project or program 

Moderate 

Institutional capacity for implementation and sustainability 

Substantial 

Fiduciary 

High 

Environment and social 

High  

Stakeholders Moderate 

Overall  

Substantial 

 

75. 

Lack of detailed and reliable economic, financial, and social data is a substantial 

governance-related risk to CPF implementation. As discussed elsewhere in this CPF as well as 

in the SCD, limited access to even routine economic, financial, and social data  impedes the 

assessment of economic performance and social outcomes, hinders the preparation of economic 

projections, and undermines the credibility, relevance, and timeliness of WBG policy advice. 

Moreover, the analytical work needed to underpin planned lending will require better access to 

standard economic datasets (e.g., disaggregated national accounts and fiscal and monetary 

accounts), improved information about government policies, and raw data on living standards. 

Together with other development partners, particularly the IMF, the WBG will continue to work 

with the authorities in strengthening statistical institutions and encouraging information disclosure. 

To manage this risk, the impact of data constraints on overall CPF implementation will be reviewed 

at mid-term and, if necessary, the program would be adjusted accordingly. 

 

76.