Social Protection

IMF: Fiscal policy can promote economic stability and address risks to public finances

Three years since the outbreak of the pandemic, fiscal policy has moved a long way toward normalization.

Three years since the outbreak of the pandemic, fiscal policy has moved a long way toward normalization. Image: Unsplash/juvx

Francesca Caselli
Economist, IMF
Vitor Gaspar
Director of the Fiscal Affairs Department, IMF
Gee Hee Hong
Economist in the Fiscal Affairs Department, IMF
Paulo Medas
Deputy Division Chief, IMF’s Fiscal Affairs Department
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The financial pressures on different economies, post-pandemic. Fiscal policy public finance
The pace of deficit and debt reductions varied depending on how quickly countries exited the pandemic. Image: IMF
The main driving forces for countries reducing debt 2021-22. Fiscal policy debt change
The main driving forces for countries reducing debt 2021-22. Image: IMF

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Social ProtectionEconomic ProgressFinancial and Monetary Systems
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