Gita Gopinath

If you waive loans, it will encourage everyone to opt for more as they think they can get away with it in future.

Across all economies, the imperative is to take actions that boost potential output, improve inclusiveness, and strengthen resilience.

Countries with fiscal space should invest in physical and social infrastructure to raise potential growth.

An intensification of trade or geopolitical tensions - with negative repercussions for global growth and risk appetite - could affect economies that are highly dependent on foreign demand or external financing.

Where fiscal space is low, fiscal policy needs to adjust in a growth-friendly manner to ensure public debt is on a sustainable path, while protecting the most vulnerable.