Fiscal Monitor, April 2020 : Chapter 1: Policies to Support People During the COVID-19 Pandemic

Author/Editor:

International Monetary Fund. Fiscal Affairs Dept.

Publication Date:

April 15, 2020

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This report argues that fiscal policies are at the forefront of responding to the COVID-19 pandemic. Fiscal measures can save lives, protect the most-affected people and firms from the economic impact of the pandemic, and prevent the health crisis from turning into a deep long-lasting slump. A key priority is to fully accommodate spending on health and emergency services. Global coordination is for a universally low-cost vaccine and to support countries with limited health capacity. Large, temporary and targeted support is urgently needed for affected workers and firms until the emergency abates. As the shutdowns end, broad-based, coordinated fiscal stimulus—where financing conditions permit—will become more effective in fostering the recovery.

Series:

Fiscal Monitor

Subject:

Frequency:

Biannually

English

Publication Date:

April 15, 2020

ISBN/ISSN:

9781513537511/2219-276X

Stock No:

FMOEA2020001

Format:

Paper

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