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Financial Sector Response

The speed and scale of the global COVID-19 health pandemic and its impact on employment has been unprecedented. Governments around the world are taking action to mitigate the negative impact of the health crisis on firms and people and to maintain a foundation for rapid economic recovery once the health crisis is resolved.

Emerging markets and developing countries, some of which were prone to financial market volatility before the coronavirus pandemic, are especially exposed. This page outlines policy guidance for ways to mitigate risks to financial markets and maintain liquidity to support economic recovery once the health crisis is resolved.

Maps & Data

The World Bank
©INSOL International/World Bank Group

Global Guide: Measures adopted to support distressed businesses through the COVID-19 crisis (updated May 17, 2021)

Annex II Compendium of responses for the provision of payment services during the COVID-19 crisis

Financial Policy Response Compendium during COVID-19 crisis
This compendium captures the global financial sector policy response to the covid-19 crisis in over 150 countries - with a focus on emerging market and developing economies -. It covers publicly announced measures related to the banking sector, capital markets and non-bank financial institutions, monetary and liquidity conditions, payment systems and insolvency. 

In Depth

Additional Resources

Media Contacts

Washington, D.C.
Elizabeth Price