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.