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International Monetary Fund

1. The Covid-19 pandemic is taking a human toll and has unleashed a series of shocks on the Fund’s entire membership, creating severe disruption in the global economic and financial system. For the majority of Fund members, what started as a sudden increase in health and other pandemic-related spending, has been compounded by a broader supply shock due to containment measures, domestic and external demand shocks, a large terms of trade shock for commodity producers, and a dramatic tightening of financial conditions for emerging markets (EMs).

International Monetary Fund
Finance & Development, June 2020
International Monetary Fund
Finance & Development, June 2020
International Monetary Fund
Finance & Development, June 2020
International Monetary Fund
Finance & Development, June 2020
International Monetary Fund
Finance & Development, June 2020
International Monetary Fund
Finance & Development, June 2020