A global crisis such as the Covid-19 pandemic does not only endanger the health and lives of millions of individuals; its implications put global economies under enormous pressure. Governments cannot tackle these pressures individually but need to support and learn from each other.
The International Monetary Fund has compiled the so-called policy tracker. It summarises the key economic responses governments are taking to limit the human and economic impact of the Covid-19 pandemic. The tracker focuses on discretionary actions that were specifically taken in response to Covid-19. The responses include tax and spending, loans and guarantees, monetary instruments, and foreign exchange operations and vary depending on the nature of the shock and country-specific circumstances.
