Washington D.C.: Exceptional times call for exceptional action. In response to the coronavirus disease 2019 (Covid-19), the International Monetary Fund (IMF) has moved with unprecedented speed and magnitude of financial assistance to help countries protect lives and livelihoods. Economic stabilization and a sustainable recovery, however, will require more than financial assistance. For recovery to be sustainable, policymakers will need to strengthen economic institutions that enable resilient, inclusive policies.
Integrating capacity development with financial support
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