WASHINGTON, Aug. 10 (Xinhua) -- The United States needs an "additional sizable fiscal package" to contain the COVID-19 pandemic and boost economic recovery, the executive board of the International Monetary Fund (IMF) said on Monday.
"Amid the resurgence in COVID-19 cases, a deep economic recession, and surging unemployment, (Executive) Directors underscored the need to deepen public health efforts while continuing to use all policy tools to support the recovery and mitigate the scarring effects of the pandemic on the U.S. economy and society," the IMF executive board said in a statement after concluding an annual Article IV review of the U.S. economy.