The International Monetary Fund on Monday said member governments should seize a low interest rate opportunity to invest in infrastructure to drive recovery from the coronavirus pandemic and a shift toward greener energy.
Equally infrastructure investments are being carefully looked at by new entrants to the market. The uncertainty caused by COVID-19 should make the resilience of long term cash flows offered by real assets appealing to investors.
The International Monetary Fund on Monday said member governments should seize a low interest rate opportunity to invest in infrastructure to drive recovery from the coronavirus pandemic and a shift toward greener energy.
The IMF said increasing public investment by 1% of GDP in advanced and developing economies would grow their GDP by 2.7%, Creating 7 million jobs directly, and between 20 million and 33 million jobs overall when considering the indirect macroeconomic effects.