Middle East: IMF Urges Governments to Offer Cash Transfer, Tax Relief

Middle East: IMF Urges Governments to Offer Cash Transfer, Tax Relief

The advisory is on the similar lines of measures announced by the US over the last few days.. Given the nature of the current slowdown, trying to stimulate the economy at this time is unlikely to be successful and would risk eliminating the limited fiscal space that is still available," it said in a note on Tuesday..