PFM Board

The Performance Dimensions in Budget => COVID-19 and PFM => Topic started by: John Short on July 10, 2020, 12:28:52 GMT

Title: Fiscal Policies for a Transformed World
Post by: John Short on July 10, 2020, 12:28:52 GMT
https://blogs.imf.org/2020/07/10/fiscal-policies-for-a-transformed-world/

By Vitor Gaspar and Gita Gopinath

The ongoing COVID-19 pandemic has already prompted an unprecedented fiscal policy response of close to $11 trillion worldwide. But with confirmed cases and fatalities still rising fast, policymakers will have to keep the public health response their No. 1 priority while retaining supportive and flexible fiscal policies and preparing for transformational economic change.