COVID-19: What low-income countries need for a more equal recovery

Apr 12, 2021

Meeting the needs of lower-income countries will require a 'coordinated, multifaceted, strong response'. Image: Pixabay/nattanan23

Guillaume Chabert

Deputy Director, The Strategy, Policy and Review Department of the International Monetary Fund

Robert Gregory

Deputy Unit Chief, IMF’s Strategy Policy and Review Department

Gaëlle Pierre

Senior Economist, The Strategy, Policy and Review Department of the International Monetary Fund

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a graph showing that the pandemic has put an abrupt stop to growth in 2020 and recovery might be slow.

The pandemich brought an abrupt halt to economic growth. Image: International Monetary Fund

a graph showing how limited financial resources allow for a very modest crisis response in low-income countries

Low-income countries have lacked the mean for extra spending during the pandemic. Image: International Monetary Fund

a graph showing that with an adequate financial and reform package, poor countries would resume and accelerate convergence to richer economies

Playing catch-up. Image: International Monetary Fund

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