In this context, fiscal authorities should not forget that sustainability of the public finances is a pre-condition for the effectiveness of the extraordinary measures. Some of the fiscal stimulus packages that have been adopted recently in Europe have raised some concerns, as some of them have been adopted in countries where the fiscal situation already calls for particular prudence regarding its sustainability.
Governments around the world, but especially in countries where the presence of automatic stabilisers is significantly important, should take the prospective burden of such stabilisers into account when designing their overall fiscal plans.