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Showing posts from May 10, 2020

Fiscal Policies after exiting from COVID 19

When the great lock down finally ends, a strong economic recovery that benefits everyone will depend on improved social safety nets and broad-based fiscal support. This includes public investment in healthcare, infrastructure and climate change. Countries with high debt levels will have to carefully balance short-term fiscal support for the recovery stage with long-term debt sustainability. Fiscal policies have provided large emergency life lines to people and companies during the Covid- 19 pandemic. They are also invaluable to increase a country's readiness to respond to a crisis and help the recovery and beyond. Following three maters attributes the most of a good social safety net - 1) Provide broad coverage and adequate benefits to vulnerable groups in a progressive way, that is     more generous benefits for the poor. 2) Preserve work incentives and help beneficiaries find jobs, get health care and attend education     and training. 3) Avoid a fragmented, complex web o