Report

Fiscal and monetary response to COVID-19 and market panic

- Govt to keep the original expenditure programme despite the falling revenues
- BSP cut the key rate by 25bps on Feb 6 pre-emptively
- A 25bp rate cut or holding the key rate on Mar 19 are equally likely, in our view
- Dominguez instructs state-owned pension fund firms to boost purchases on stock market
Provider
CEEMarketWatch
CEEMarketWatch

CEEMarketWatch is a subscription-based provider of news and analysis with a focus on macroeconomics and politics in Emerging Markets and the Euro Area periphery.

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