In: Economics
Countries policy suggestion about covid-19 : Policy suggestions (Fiscal policies, Monetary policies, Financial regulation policies, Social insurance policies, Industry policies, Trade policies)
according to what countries prefer
Fiscal and monetary policy .
Countries should take few measures for sustaining economy from crisis due to covid -19 pandemic like providing relief to small and midium business which are at verge bankruptcy. In order for their survival and existence so that they can provide job to workers in coming future. Providing relief fund to poor people for food and essential commodities. Role of fiscal policy at the time covid -19 crisis.
*spending as much as needed to fight against covid -19 .providing finance and equipments to hospitals /firms for tests, drugs and vaccine.
* providing funds to households and small firms which can't survive next few weeks without money.
* supply of aggregate demand - goods and services are produce in appropriate amount at reasonable rates.
Develop countries must aid to poor countries by providing funds and medical equipments, masks to fight against covid -19 through massive relief funds. Supply of essential commodities to prevent price hike and shortage.