Vitor Gaspar, a Portuguese national, is Director of the IMF's Fiscal Affairs Department. Prior to joining the IMF, he held a variety of senior policy positions in Banco de Portugal, including most recently as Special Adviser. He served as Minister of State and Finance of Portugal during 2011–2013. He was head of the European Commission’s Bureau of European Policy Advisers during 2007–2010, and director-general of research at the European Central Bank from 1998 to 2004. Mr. Gaspar holds a PhD and a post-doctoral agregado in Economics from Universidade Nova de Lisboa. He has also studied at Universidade Católica Portuguesa.
Global debt was already high before the first COVID lockdowns, now the war in Ukraine is adding risks to unprecedented levels of public borrowing, the IMF says.
The poorest countries face the greatest risks from climate change and require international support to finance adaptation, says the International Monetary Fund.
Es vital que la política fiscal se mantenga flexible y se gestione adecuadamente hasta el final del Gran Bloqueo, escriben dos economistas del FMI.
It is vital fiscal policy remains flexible and is properly managed until the end of the Great Lockdown, write two economists from the IMF.
Three ways governments can help businesses and people weather the impact of Coronavirus.
