$16tn spent on fiscal support globally
Published On July 22, 2021 » 826 Views» By Times Reporter » Business, Stories
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By MAIMBOLWA MULIKELELA-
GOVERNMENTS have spent US$16 trillion since March 2020 in providing fiscal support amid the COVID-19 pandemic.
And the global central banks increased their balance sheets by a combined US$7.5 trillion, according to the International Monetary Fund (IMF) blog “seizing the opportunity for a pro-growth, post-pandemic world’.

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