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Fiscal policies to contain the damage from COVID-19. 15/04/2020

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Article

Gaspar, Vitor ; Lam, W. Raphael ; Raissi, Mehdi

IMF

IMF - Washington, DC

2020

1 p.

epidemic disease ; fiscal policy

international

Public finance and taxation

https://blogs.imf.org/2020/04/15/fiscal-policies-to-contain-the-damage-from-covid-19/

English

In times of pandemic, fiscal policy is key to save lives and protect people. Governments have to do whatever it takes. But they must make sure to keep the receipts.

The Fiscal Monitor shows how policymakers can offer emergency lifelines to: save lives; protect people from losing jobs and incomes, and companies from bankruptcies; and enable a recovery. So far, countries have taken fiscal actions amounting to about $8 trillion to contain the pandemic and its damage to the economy."

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