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Pandemic recovery will require more, coordinated stimulus: IMF

The spending "would be even more effective if it were coordinated across all the advanced economies of the world,"
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  • The spending "would be even more effective if it were coordinated across all the advanced economies of the world," she said.
  • "Once the recovery happens, and we are past the pandemic phase for advanced economies, it would be essential to undertake a broad based fiscal stimulus,"

"Once the recovery happens, and we are past the pandemic phase for advanced economies, it would be essential to undertake a broad based fiscal stimulus," International Monetary Fund research chief Gita Gopinath told reporters.

The spending "would be even more effective if it were coordinated across all the advanced economies of the world," she said.