5 min listen
Fiscal Policy Provides Lifelines to People, Economies
FromIMF Podcasts
ratings:
Length:
14 minutes
Released:
Apr 14, 2020
Format:
Podcast episode
Description
As the COVID-19 pandemic unfolds around the world, emergency government spending on things like health care and employment, as well as tax policy, are preserving lives and livelihoods. In this podcast, Vitor Gaspar, Director of the IMF’s Fiscal Affairs Department, says governments should do whatever it takes, but to keep the receipts. Gaspar oversees the Fiscal Monitor, and the latest issue analyses the fiscal implications of the global pandemic. Countries have spent about $8 trillion so far and debt and deficits are on the rise. Gaspar says this is money well spent, but governments will need to be transparent and accountable for how they used taxpayer dollars to contain the pandemic and limit the economic damage. You can read Gaspar’s blog and others about the global impact of the pandemic at Blogs.imf.org TRANSCRIPT
Released:
Apr 14, 2020
Format:
Podcast episode
Titles in the series (100)
Understanding Financial Crises: Financial crises have been with us for hundreds o… by IMF Podcasts