Fiscal Policy in the Transition to the New Economy in the wake of COVID-19: Lessons from Korea’s Digital and Green New Deal

implementation

The objective of this technical cooperation (TC) is to support LAC governments by knowledge sharing to design and implement a new socio-economic paradigm and relevant fiscal policy to tackle economic and social challenges triggered by the Covid-19 pandemic and promote sustainable growth. This TC is designed to support member country governments i) to identify economic and social policy priority areas and establish an overarching national strategy for post-pandemic recovery; and ii) to implement relevant fiscal policy and tax benefits, and to mobilize public and private investment to promote socio-economic growth and new industries in the wake of the current pandemic.