This report takes stock of the emergency tax and fiscal policy measures introduced by countries worldwide in response to the Coronavirus (Covid-19) pandemic. It discusses how tax and fiscal policy can cushion the impact of continued containment and mitigation policies and subsequently support economic recovery. It also outlines the major policy reforms that will be needed to prepare for restoration of public finances.
Released on 15 April 2020.
The report was prepared in response to a request of Saudi Arabia's G20 Presidency, and presented during the virtual meeting of the G20 Finance Ministers and Central Bank Governors in Washington, on 15 April 2020.