Global fiscal support during the COVID pandemic, in one chart
Global fiscal support in response to the coronavirus pandemic is now around $9 trillion, according to the IMF - $1 trillion more than April estimates.
Elif Ture, from Turkey, is an economist in the IMF’s Fiscal Affairs Department (FAD), where she works on European fiscal issues as part of the euro area team and contributes to the Fiscal Monitor. In FAD, she has worked on fiscal risks from contingent liabilities, fiscal rules, fiscal federalism, and fiscal governance in Europe. She was previously an economist in the IMF’s Western Hemisphere Department, where she conducted policy and analytical work on sustaining strong and inclusive growth in the Southern Cone economies. Her research areas include financial sector imperfections and macro-financial linkages. She holds an economics PhD from the University of Maryland at College Park.
Global fiscal support in response to the coronavirus pandemic is now around $9 trillion, according to the IMF - $1 trillion more than April estimates.
Amid slowing economic growth and high public debt across the world, demographic changes and technological advances are reshaping the global economy.