economies and regain fiscal sustainability. Developing countries, where growth is 1-2 percentage points below what it was during … the pre-crisis period, have been affected by the weakness in high-income countries. To regain pre-crisis growth rates … price shocks. In an environment of slow growth and continued volatility, a steady hand is required in developing countries …

of a boost to global growth in the near term. While policymakers’ immediate priorities are to address the health crisis … forcefully undertake comprehensive reform programs to improve the fundamental drivers of economic growth, once the crisis abates …