Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Cook Islands 03 03 - Direct long-term lending NZD
Cook Islands 03A 03A - Long-term lending NZD
Cook Islands 03B 03B - Forbearance NZD
Federated States of Micronesia 03 03 - Direct long-term lending USD
Federated States of Micronesia 03A 03A - Long-term lending USD
Federated States of Micronesia 03B 03B - Forbearance USD
Fiji 03 03 - Direct long-term lending FJD 100,000,000 45,380,287
Fiji 03A 03A - Long-term lending FJD 100,000,000 45,380,287 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 7 May 2020).

The Reserve Bank of Fiji raised its Import Substitution and Export Finance Facility by FJD100 million to provide credit to exporters, large scale commercial agricultural farmers, public transportation and renewable energy businesses at concessional rates; No amount/estimate: Announced a concessional loans initiative for MSMEs impacted by COVID-19.

Fiji 03B 03B - Forbearance FJD
Japan 03 03 - Direct long-term lending JPY
Japan 03A 03A - Long-term lending JPY IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020)

Concessional loans from public and private financial institutions (included in the amount of the Emergency Economic Package Against COVID-19; see Measure 5).

Japan 03B 03B - Forbearance JPY
Kiribati 03 03 - Direct long-term lending AUD
Kiribati 03A 03A - Long-term lending AUD
Kiribati 03B 03B - Forbearance AUD
Marshall Islands 03 03 - Direct long-term lending USD
Marshall Islands 03A 03A - Long-term lending USD
Marshall Islands 03B 03B - Forbearance USD
Nauru 03 03 - Direct long-term lending AUD
Nauru 03A 03A - Long-term lending AUD
Nauru 03B 03B - Forbearance AUD
Niue 03 03 - Direct long-term lending NZD
Niue 03A 03A - Long-term lending NZD
Niue 03B 03B - Forbearance NZD
Palau 03 03 - Direct long-term lending USD
Palau 03A 03A - Long-term lending USD
Palau 03B 03B - Forbearance USD IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 01 May 2020).

No amount/estimate: (i) Some private banks have introduced loan deferral and forbearance programs for three months; and (ii) The National Development Bank of Palau announced plans to provide financial relief to affected business and households, including interest only payments, term extension, loan consolidation, and temporary payment deferral.

Papua New Guinea 03 03 - Direct long-term lending PGK 600,000,000 176,097,676
Papua New Guinea 03A 03A - Long-term lending PGK 600,000,000 176,097,676 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 8 May 2020).

The government has announced PGK600 million credit line to support businesses and individuals in coordination with the banks and financial institutions.

Papua New Guinea 03B 03B - Forbearance PGK IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 8 May 2020).

No amount/estimate: The government is working with the commercial banks to provide a 3-month buffer on loan repayments. To cover for the 3-month loan repayment holiday, BPNG will relax prudential standards relating to asset quality, capital adequacy and loan-loss provisioning.

Samoa 03 03 - Direct long-term lending WST
Samoa 03A 03A - Long-term lending WST
Samoa 03B 03B - Forbearance WST IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 2 September 2020).

No amount/estimate: April, The proposed fiscal and economic response package includes provision of a 3-month grace period to be applied for all loan payments.

Solomon Islands 03 03 - Direct long-term lending SBD
Solomon Islands 03A 03A - Long-term lending SBD International Monetary Fund (IMF). https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 19 August 2020).

No amount/estimate: May, The central bank will be rolling out an export-import facility to assist businesses with opportunities for competitive financing.

Solomon Islands 03B 03B - Forbearance SBD IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 19 August 2020).

No amount/estimate: May, The government is encouraging commercial banks to grant a 3 to 6-month grace period for all loan repayments.

Tonga 03 03 - Direct long-term lending TOP
Tonga 03A 03A - Long-term lending TOP
Tonga 03B 03B - Forbearance TOP IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 7 May 2020).

No amount/estimate: (i) The Government of Tonga announced a 3-month moratorium on Government Development Loans and TC Gita Recovery Loan Fund; (ii) Commercial banks are assisting their customers affected by the COVID-19 virus on a case by case basis and depending on individual customers’ circumstances by (a) reducing or suspending the principal loan repayments to interest only loan repayments; (b) restructuring loans to businesses that have reduced business hours, in affected sectors such as tourism and related industries like transportation and to individuals who have been laid off; (c) extending the terms of loans to reduce repayments; (d) reducing loan interest rates on a case by case basis; and (e) providing access to short-term funding, if required.

Tuvalu 03 03 - Direct long-term lending AUD
Tuvalu 03A 03A - Long-term lending AUD
Tuvalu 03B 03B - Forbearance AUD