Impoverished Haiti launched a stimulus program amounting to an impressive 4 percent of GDP.7 On April 21, South Africa’s government launched a substantial $29.9 billion package focused on health care spending, financial relief to municipalities, and a system of social grants for the least well off. It came to almost 10 percent of national income. On the other hand, Nigeria, battered by the collapse in oil prices, managed barely 1.5 percent of GDP in tax cuts and spending.
