Countries around the world adopted a wide range of fiscal measures in 2020 to mitigate the health and economic impacts of the COVID-19 pandemic. At the beginning of 2021, the outlook on the evolution of the pandemic remains uncertain. COVID-19 cases are at high levels in many countries, but effective vaccines have been approved and are being rolled out. The occurrence of new variants of the virus that spread more easily and more quickly and that may be associated with an increased risk of death adds to the uncertainty as to how quickly the pandemic can be brought under control.
Details
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Author
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Document Date
2022/06/23
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Document Type
Report
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Report Number
161128
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2022/06/23
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Disclosure Status
Disclosed
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Doc Name
A Review of Fiscal Policy Responses to COVID-19
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Keywords
Equitable Growth, Finance & Institutions; fiscal policy response; control of costs; contribution to health care; Fiscal policies; fiscal policy action; list of countries; deferral of tax; analysis of variance; deferred tax payment; risk of death; trade and investment; response to crisis; public expenditure requirement; government tax revenue; adverse health impact; income developing country; procurement and distribution; form of credit; fiscal policy note; fiscal policy instrument; choice of policies; level of policy; international good practice; cash transfer program; distribution of vaccines; privileges and immunity; health care capacity; short term loan; health sector revenues; low carbon economy; quality of policy; public investment management; quality of governance; reduction of income; fiscal response; fiscal measure; Tax Exemption
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Citation
Lacey,Eric Anthony Massad,Joseph Paul Utz,Robert Johann
A Review of Fiscal Policy Responses to COVID-19 (English). Equitable Growth, Finance and Institutions Insight Washington, D.C. : World Bank Group http://documents.worldbank.org/curated/en/396221624945597996/A-Review-of-Fiscal-Policy-Responses-to-COVID-19