Get Your COVID Relief Exit Plan Ready, Regulator Tells the G20

Get Your COVID Relief Exit Plan Ready, Regulator Tells the G20

By Huw Jones
April 6, 2021, Reuters

While ending COVID economic relief measures too soon would present more of a threat to financial stability than leaving them in place too long, it was time for G20 countries to decide how it should be done, the Financial Stability Board said on Tuesday.

The FSB, which coordinates financial rules for the G20 group of rich nations, said the speedy, sizeable and sweeping measures introduced by governments in the past year have limited economic fallout from the COVID-19 shock, but phasing them out will also present risks given continued uncertainties.

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