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How big money measures are helping the economy through coronavirus

Video Credit: The Guardian Studio - Duration: 04:54s - Published
How big money measures are helping the economy through coronavirus

How big money measures are helping the economy through coronavirus

The global economy is heading for what the International Monetary Fund believes is the worst recession since at least the Great Depression after the Wall Street crash of 1929.

This is as a consequence of governments around the world attempting to suppress economic and social activity through lockdown measures to prevent the spread of the coronavirus.

The Guardian's economics correspondent, Richard Partington, explains the unprecedented measures being taken to help protect individuals, households and businesses; how they are helping and the costs they may involve.


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