The International Monetary Fund’s chief economist says central banks should be ready to provide “ample liquidity” to financial institutions that are less prepared for coronavirus disruption.

In the first of a new blog post series, Gita Gopinath said central banks would need to watch closely those institutions – banks and non-banks – that lend to small and medium-sized enterprises.

“Financial market regulators and supervisors could also encourage, on a temporary and time-bound basis, extensions