IMF suggests new framework for helping the Central Bank fight the ongoing crisis

Posted on January 6, 2021

  • IMF noted that more monetary stimulus will be needed to back the economic recovery.
  • Sovereign Bonds and Corporate Debt combined with new approaches, can play a critical role in accelerating the recovery.
  • The central banks need to adopt macro-prudential policies that serve as the first line of defence in alleviating financial stability risks.