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Global tracker: Monetary, fiscal policy responses to coronavirus

Central banks and governments around the world have announced unprecedented actions in the past several weeks to mitigate the economic fallout from the novel coronavirus pandemic.

Leaders from the Group of 20 economies, which represent about two-thirds of the world's population, said March 26 that they are injecting more than $5 trillion into the global economy, pledging that they will "do whatever it takes to overcome the pandemic," including through additional policy measures.

As of April 8, the G-20 economies have provided fiscal support through revenue and spending measures of 3.5% of GDP on average, according to calculations by the International Monetary Fund. "This amount is higher than the stimulus during the global financial crisis that began in 2008," the IMF said in its latest Fiscal Monitor report.

Here are the highlights of the monetary and fiscal policy responses that are being taken in the G-20 economies, with updates between April 23 and May 15 in bold type.

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