Why COVID-19 government support needs to be tailored and targeted

Passersby wearing protective masks during the COVID-19 pandemic walk on the street at Shinjuku district in Tokyo, Japan April 6, 2021.

'In the first year of COVID-19, fiscal policy has reacted quickly and forcefully to the health emergency.' Image: REUTERS/Androniki Christodoulou

Vitor Gaspar
Director of the Fiscal Affairs Department, IMF
W. Raphael Lam
Senior Economist, IMF
Paolo Mauro
Deputy Director, Fiscal Affairs Department, IMF
Mehdi Raissi
Senior Economist in the Fiscal Affairs Department, IMF
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Vitor Gaspar, W. Raphael Lam, Paolo Mauro, Mehdi Raissi
Government revenue and spending measures.
Fiscal support in advanced economies in response to COVID-19 remains large. Image: IMF
Effect on fiscal balances and debt.
The pandemic has strained public finances across all country groups. Image: IMF

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Related topics:
COVID-19Economic ProgressPandemic Preparedness and ResponseSDG 08: Decent Work and Economic Growth
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