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April 2020

The charts below are a summary of policy responses in Commonwealth countries to reduce the economic impact of the COVID-19 pandemic. Of the 26 Commonwealth countries tracked, 18 have taken monetary policy action such as cutting interest rates, while over a third of countries are currently offering cash transfers, wage subsidies and tax deferrals to support the people worst hit by the pandemic. For a detailed breakdown of policy responses so far in each country, please click on the ‘All Countries’ tab below.

Source: International Growth Centre