"The coronavirus (COVID-19) pandemic is having a profound and deeply damaging impact on the countries where the EBRD works, posing enormous challenges for policymakers across all our regions.
Value destruction – as many economic activities are suspended for a prolonged period of time and businesses risk insolvency – is a major immediate threat to the economy. The EBRD role, in this context, is to protect the economy and transition gains achieved by supporting existing clients to preserve value and survive this period of unprecedented disruption. At the same time, the EBRD, through its investment and policy advice, will play a more systemic role in supporting the broader private sector.
Crucially, the success of such support and the nature and extent of the recovery will depend on how governments respond, particularly as the state participates more actively in the market. The EBRD will therefore also support governments with measures to cope with the immediate disruption of the crisis – including capacity building to address businesses’ concerns and mitigate vulnerabilities across different sectors and especially among small and medium enterprises...
...As part of EBRD's own policy response, the Bank is monitoring, country by country, the economic channels of disruption associated with the pandemic and the crisis response measures taken by individual governments to date."
The reports are prepared by regional EBRD economists and are updated regularly as information becomes available. Please follow the links below for relevant country reports.
Source: EBRD