Covid-19 has given rise to an unprecedented response in fiscal policy. In the last twelve months, countries have announced $16 trillion in fiscal actions. However, those measures were expensive and contributed to historically high debt levels. With countries recovering at different speeds, how can everyone be given a fair shot at recovery? Vitor Gaspar, Director of the Fiscal Affairs Department at the International Monetary Fund joins CNBC Africa for more.
IMF’s Gasparon on Africa’s fiscal policy outlook in 2021
PUBLISHED: Wed, 07 Apr 2021 16:27:56 GMT