IMF chief economist urges 'targeted' policies to stem the economic harm of the coronavirus

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IMF chief economist urges 'targeted' policies to stem the economic harm of the coronavirus
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The IMF's chief economist urged policymakers to implement 'substantial' fiscal and monetary policies to help consumers and businesses cope with the economic harm of the coronavirus outbreak.

In a blog post published Monday, IMF chief economist Gita Gopinath said the human costs of the coronavirus epidemic have risen "at an alarming rate."

She said governments should consider measures like cash transfers, wage subsidies or tax relief, while central banks should be prepared to provide liquidity to banks and companies. Gita Gopinath, chief economist at the International Monetary Fund , speaks during a panel session on the opening day of the World Economic Forum in Davos, Switzerland.The IMF's chief economist urged policymakers to implement "substantial" fiscal and monetary policies to help consumers and businesses cope with the economic harm ofIn a blog post published Monday, IMF chief economist Gita Gopinath said the human costs of the coronavirus epidemic have risen "at an alarming rate.

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