- The International Monetary Fund (IMF)has launched a policy tracker to track the policies of the governments so as to share knowledge about COVID-19 which helps to tackle the crisis.
Key Points
- The policy tracker helps the countries to learn more about the experiences of others in combating the pandemic and adapt their policies and procedures to their unique circumstances and needs.
- It summarizes the key economic responses as of March 24, 2020.
- It is not meant for comparison among the member countries as policy responses differ according to the nature of shock & the circumstance of a country.
- It focuses on discretionary actionsto support existing social safety nets & insurance mechanisms.
- It includes 186 economies (G20 and European Institutions) & more countries will be added & information will be updated on a regular basis.
About IMF:
- Headquarters– Washington, United States.
