Although the global economy has bottomed out, the pace of recovery is likely to be moderate for the time being. Chart 2 shows the June 2020 World Economic Outlook (WEO) Update released by the International Monetary Fund (IMF).
•  Accelerated implementation of the privatisation programme and strengthening of the legal framework for investor protection to attract foreign investment. •  A shift on the part of companies to market-based financing. •  The productive use of programmes for the co-financing of loans and guarantees with resources from EU Structural Funds and the European Investment Bank.