About this work
Tracking fiscal deterioration during the pandemic required more timely information than annual budget figures. Jonathan Fortun and Sergi Lanau introduce tools for frequent monitoring of emerging market deficits. Their June 2020 assessment finds widening deficits through April, led by rising spending excluding interest, with Brazil and Hungary showing the largest deterioration.
Abstract
Tracking fiscal deterioration during the pandemic required more timely information than annual budget figures. Jonathan Fortun and Sergi Lanau introduce tools for frequent monitoring of emerging market deficits. Their June 2020 assessment finds widening deficits through April, led by rising spending excluding interest, with Brazil and Hungary showing the largest deterioration.
Cite this work
Jonathan Fortun, Sergi Lanau (2020). Economic Views: Monitoring EM Fiscal Deficits. Institute of International Finance.