新型冠狀病毒

IMF says austerity is not inevitable to ease pandemic impact on public finances

Nations that can borrow freely can stabilise debt without fiscal adjustment, fund suggests

Most advanced economies that can borrow freely will not need to plan for austerity to restore the health of their public finances after the coronavirus pandemic, the IMF has said in a reversal of its advice a decade ago.

Countries that have the choice to keep borrowing are likely to be able to stabilise their public debt by the middle of the decade, Vitor Gaspar, head of fiscal policy at the fund, told the Financial Times. That would mean they would not have to raise taxes or cut public spending plans.

However countries that have only limited access to financial markets will need to be much more careful about their fiscal strategies, Mr Gaspar warned in an interview to accompany the publication of the fund’s annual Fiscal Monitor.

您已閱讀19%(738字),剩餘81%(3113字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。
版權聲明:本文版權歸FT中文網所有,未經允許任何單位或個人不得轉載,複製或以任何其他方式使用本文全部或部分,侵權必究。
設置字型大小×
最小
較小
默認
較大
最大
分享×