Governments and central banks around the world have started unveiling financial rescue packages amid rising concerns over the negative impact of the novel coronavirus on economies, yet it seems a more citizen-friendly approach is needed.

The world has been going through extraordinary times due to the pandemic’s devastating impact on people’s lives and national economies.

The virus has killed more than 9,800 people so far, with over 242,000 cases confirmed worldwide as the situation deteriorates day by day.

Restrictions on travel, trade and everyday life will seriously impact corporate debt markets as well as people’s well-being.

Many economists observed

Read more: To save the world: Citizen's income vs. helicopter money?