Where is your country on financial relief?

10- 20% is the ideal, but can you afford it?

Where is your country on financial relief? It depends on how much of ammo they have saved or can borrow. Ten to twenty percent of GDP is the ideal, but exceeds the ability of some countries to generate based on their GDP per Capita, borrowing ability and budget deficits. The countries that come out of this best will balance the lockdown and its enforcement with support and gradual relaxing of rules. Stand out countries are France, America, UK and Japan. South Africa joined as an outlier after last nights announcement of relief amounting to ten percent of GDP on the left of the grid. Poorer countries will suffer the most pain especially on sub Saharan Africa. They will rely on diaspora money transfer (which have collapsed) , aid from other world bodies and individual donations. Let’s start helping.

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