Monetary and Fiscal Responses
Mapping and evaluating the effectiveness of macroeconomic measures by African countries to combat the impact of Covid-19
This theme explores the varying fiscal and monetary responses African countries have undertaken to address the effect of the COVID-19 pandemic. Most African countries have deployed fiscal stimulus packages particularly for vulnerable households and businesses, put in place tax relief measures and increased liquidity support. However, preliminary evidence has shown that the responses fall significantly short of steps taken by their counterparts in the developed world.
Project Themes
Innovative Financing Strategies
Exploring novel financing instruments to combat the pandemic from both the international community and African countries
Inclusive and Sustainable Economic Growth
Leveraging COVID-19 stimulus packages to build climate-resilient and gender-inclusive economies