Rarely since the end of the Second World War has the role of macro-fiscal policy been as salient as it is today. The management of revenue, expenditure, debt and fiscal risks within a medium-to-long-term, inclusive and sustainable growth strategy is regarded as an instrument to respond to crises and help address development challenges. Good macro-fiscal policy has become imperative in a world facing multiple, simultaneous crises—the COVID-19 pandemic, earthquakes, flash floods, forest fires and other natural disasters alongside increased conflicts and wars. Getting macro-fiscal policy right during these crises will help stabilize economies, protect vulnerable households and support businesses […]