Investor Presentaiton

Pillar II: Macroeconomic Response - recommendations. Extend employment protection schemes and establish more systemic income support measures Keep social transfers elevated • Develop and implement a mid-term economic recovery program at state and entity government levels Increasee public investment in sustainable infrastructure, green energy and similar projects Make restructuring of the public sector, including SOES, core component of the program • Use external financing envelope to plan for more adverse scenario Strengthen public finance management and procurement 8

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