EM government revenue is unlikely to return to pre-pandemic levels in 2021

Inside this episode:

• Lucie Villa of the Sovereign team explains how the path to fiscal repair for many emerging market economies will likely be long and bumpy as revenue generation remains a struggle.
• Plus, William Foster, also of the Sovereign team, discusses whether India’s new fiscal stimulus push will be sufficient to jumpstart the country’s economy.

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1. Second round of stimulus will provide limited support to growth, highlights credit-negative fiscal constraints
2. Recovering revenue post coronavirus crisis will be crucial but challenging
3. Moody's Event: State of Nations - EMEA and Americas