{ "title": "Fiscal Monitor, October 2022: Helping People Bounce Back", "publication": "Fiscal Monitor, October 2022", "sourceUrl": "https://www.imf.org/en/publications/fm/issues/2022/10/09/fiscal-monitor-october-22", "canonical": "https://www.imf.org/en/publications/fm/issues/2022/10/09/fiscal-monitor-october-22", "overlayPath": "/en/publications/fm/issues/2022/10/09/fiscal-monitor-october-22/index.md", "summary": "Governments face increasingly difficult trade-offs in tackling the spikes in food and energy prices when policy buffers are largely exhausted after two years of pandemic.", "publishDate": "2022-10-09", "sections": [ { "heading": "Key findings and context", "content": "- Governments face increasingly difficult trade-offs in tackling the spikes in food and energy prices when policy buffers are largely exhausted after two years of pandemic.\n- Several fiscal tools, such as job-retention schemes, have proven useful to preserve jobs and income for workers.\n- Social safety nets should be made more readily scalable and better targeted, leveraging digital technologies.\n- Exceptional support to firms should be reserved for severe situations and requires sound fiscal risk management.\n- Building fiscal buffers in normal times would allow governments to respond swiftly and flexibly during adversities.\n- Governments should prioritize protecting vulnerable groups through targeted support while keeping a tight fiscal stance to help reduce inflation." }, { "heading": "Policy recommendations", "content": "- Prioritize protecting vulnerable groups through targeted support.\n- Keep a tight fiscal stance to help reduce inflation.\n- Build fiscal buffers in normal times to enable swift and flexible responses during adversities.\n- Reserve exceptional support to firms for severe situations and apply sound fiscal risk management when such support is provided." }, { "heading": "Fiscal tools and implementation approaches", "content": "- Job-retention schemes: Useful to preserve jobs and income for workers.\n- Social safety nets: Make more readily scalable and better targeted; leverage digital technologies to improve delivery and targeting.\n- Firm support: Exceptional, limited to severe situations, and accompanied by fiscal risk management.\n\nInternational Monetary Fund.\n\n---\n\n Content in this bundle\n\n- Chapter 1\n - Chapter 1 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Chapter 1 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Executive Summary\n - Executive Summary (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Executive Summary (PDF){rel=\"external\" type=\"application/pdf\"}\n- Foreword\n - Foreword (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Foreword (PDF){rel=\"external\" type=\"application/pdf\"}\n- Methodological and Statistical Appendix. IMF Fiscal Monitor, October 2022\n - Methodological and Statistical Appendix. IMF Fiscal Monitor, October 2022 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Methodological and Statistical Appendix. IMF Fiscal Monitor, October 2022 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Online Annex 1.1. Countercyclical of Fiscal Policies. IMF Fiscal Monitor, October 2022\n - Online Annex 1.1. Countercyclical of Fiscal Policies. IMF Fiscal Monitor, October 2022 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Online Annex 1.1. Countercyclical of Fiscal Policies. IMF Fiscal Monitor, October 2022 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Full Report\n - Full Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Full Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- READ The Blog\n- Fiscal Monitor Database\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/publications/fm/issues/2022/10/09/fiscal-monitor-october-22" } ], "bullets": [ "[Markdown version](/en/publications/fm/issues/2022/10/09/fiscal-monitor-october-22/index.md)", "[Structured JSON version](/en/publications/fm/issues/2022/10/09/fiscal-monitor-october-22/index.json)", "[Bundle manifest](/en/publications/fm/issues/2022/10/09/fiscal-monitor-october-22/bundle-manifest.json)", "Published: October 9, 2022", "Governments face increasingly difficult trade-offs in tackling the spikes in food and energy prices when policy buffers are largely exhausted after two years of pandemic.", "Several fiscal tools, such as job-retention schemes, have proven useful to preserve jobs and income for workers.", "Social safety nets should be made more readily scalable and better targeted, leveraging digital technologies.", "Exceptional support to firms should be reserved for severe situations and requires sound fiscal risk management.", "Building fiscal buffers in normal times would allow governments to respond swiftly and flexibly during adversities.", "Governments should prioritize protecting vulnerable groups through targeted support while keeping a tight fiscal stance to help reduce inflation.", "Prioritize protecting vulnerable groups through targeted support.", "Keep a tight fiscal stance to help reduce inflation.", "Build fiscal buffers in normal times to enable swift and flexible responses during adversities.", "Reserve exceptional support to firms for severe situations and apply sound fiscal risk management when such support is provided.", "Job-retention schemes: Useful to preserve jobs and income for workers.", "Social safety nets: Make more readily scalable and better targeted; leverage digital technologies to improve delivery and targeting.", "Firm support: Exceptional, limited to severe situations, and accompanied by fiscal risk management.", "**Chapter 1**", "**Executive Summary**", "**Foreword**", "**Methodological and Statistical Appendix. IMF Fiscal Monitor, October 2022**", "**Online Annex 1.1. Countercyclical of Fiscal Policies. IMF Fiscal Monitor, October 2022**", "**Full Report**", "[READ The Blog](https://www.imf.org/en/Blogs/Articles/2022/10/12/fiscal-policy-can-help-people-rebound-from-cost-of-living-crisis)", "[Fiscal Monitor Database](https://www.imf.org/-/media/files/publications/fiscal-monitor/2022/october/data/fm-october-2022-database.zip)", "[https://www.imf.org/en/home](https://www.imf.org/en/home)" ], "related": [ { "title": "Chapter 1", "role": "chapter", "sourceUrl": "https://www.imf.org/-/media/files/publications/fiscal-monitor/2022/october/english/ch1.pdf", "summary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/ch1.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/ch1.pdf", "mime": "application/pdf" } }, { "title": "Executive Summary", "role": "executive-summary", "sourceUrl": "https://www.imf.org/-/media/files/publications/fiscal-monitor/2022/october/english/execsum.pdf", "summary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/execsum.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/execsum.pdf", "mime": "application/pdf" } }, { "title": "Foreword", "role": "foreword", "sourceUrl": "https://www.imf.org/-/media/files/publications/fiscal-monitor/2022/october/english/foreword.pdf", "summary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/foreword.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/foreword.pdf", "mime": "application/pdf" } }, { "title": "Methodological and Statistical Appendix. IMF Fiscal Monitor, October 2022", "role": "document", "sourceUrl": "https://www.imf.org/-/media/files/publications/fiscal-monitor/2022/october/english/msa.pdf", "summary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/msa.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/msa.pdf", "mime": "application/pdf" } }, { "title": "Online Annex 1.1. Countercyclical of Fiscal Policies. IMF Fiscal Monitor, October 2022", "role": "document", "sourceUrl": "https://www.imf.org/-/media/files/publications/fiscal-monitor/2022/october/english/onlineannexes.pdf", "summary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/onlineannexes.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/onlineannexes.pdf", "mime": "application/pdf" } }, { "title": "Full Report", "role": "full-report", "sourceUrl": "https://www.imf.org/-/media/files/publications/fiscal-monitor/2022/october/english/text.pdf", "summary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/text.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/publications/fiscal-monitor/2022/october/english/text.pdf", "mime": "application/pdf" } } ], "alternates": { "markdown": "/en/publications/fm/issues/2022/10/09/fiscal-monitor-october-22/index.md", "json": "/en/publications/fm/issues/2022/10/09/fiscal-monitor-october-22/index.json", "bundleManifest": "/en/publications/fm/issues/2022/10/09/fiscal-monitor-october-22/bundle-manifest.json" }, "generatedAtUtc": "2026-09-23T16:52:28.895Z" }