QUES. The following chart shows the fiscal measures announced by the G20 countries to tackle the economic effects of COVID19 pandemic:

(Announced fiscal measures in G20 economies, % of GDP) 35 5.0 Revenue and expenditure measures 4.5 30 Below-the-line measures (loan and equity injection) and guarantees 4.0 25 3.5 3.0 20 2.5 15 2.0 10 1.5 1.0 5 0.5 0.0 India Japan Brazil Korea Spain China Russia Turkey France Mexico Canada Australia G20 (rhs) Indonesia Germany Argentina South Africa Saudi Arabia United States United Kingdom Sources: National authorities; and IMF staff estimates as of April 8, 2020. Note: G20 - Group of twenty. G20 aggregates are calculated using PPP-adjusted GDP weights Source: IMF (2020)