Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Afghanistan 04 04 - Equity support AFN
Arab Republic of Egypt 04 04 - Equity support EGP 20,000,000,000 1,272,671,633 OECD. https://www.oecd.org/coronavirus/en/ (accessed 7 May 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 7 May 2020).

EGP20 billion stock-purchase program has been launched by the Central Bank.

Argentina 04 04 - Equity support ARS
Armenia 04 04 - Equity support AMD
Australia 04 04 - Equity support AUD
Austria 04 04 - Equity support EUR
Azerbaijan 04 04 - Equity support AZN
Bangladesh 04 04 - Equity support BDT
Belgium 04 04 - Equity support EUR 3,000,000 3,318,584 European Commission. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1507 (accessed 27 August 2020).

(i) 21 August 2020, European Commission approved the EUR3 million equity injection by the Government to SN Airholding and its sole subsidiary, Brussels Airlines in the context of the coronavirus outbreak.

Bhutan 04 04 - Equity support BTN/INR
Brazil 04 04 - Equity support BRL
Brunei Darussalam 04 04 - Equity support BND
Cambodia 04 04 - Equity support KHR
Canada 04 04 - Equity support CAD 537,000,000 384,877,262 Department of Finance Canada. https://www.canada.ca/en/department-finance/economic-response-plan.html (accessed 10 June 2020).

(i) CAD287 million to support rural businesses and communities by providing them with much-needed access to capital through the Community Futures Network; (ii) CAD250 million to assist innovative, early-stage companies that are unable to access other COVID-19 business supports through the Industrial Research Assistance Program (IRAP).

Cook Islands 04 04 - Equity support NZD
Denmark 04 04 - Equity support DKK 18,777,889,398 2,780,044,946 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 8 July 2020). European Commission. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1488 (accessed 22 July 2020)

(i) 18 April 2020, DKK3.5 billion in loans and equity provided to entrepreneurs and venture firms. The state investment fund (Vaekstfonden) will provide risky capital to start-ups and venture firm, facing difficulties in financing as private investors withdraw from the market. Available in 2020 only; (ii) 15 June 2020, DKK10 billion from a new government-backed fund to act as an investor of last resort with the possibility of recapitalizing large and important firms at risk of bankruptcy; (iii) Together with Sweden, planned recapitalization of SAS (a Dutch airline) through an equity injection. On 17 August 2020, the European Commission (EC) approved this measure. Denmark is expected to provide approximately EUR583 million of the recapitalization funds; (iv) 20 November 2020, EUR1.34 billion approved by the EC as capital support to large companies affected by coronavirus outbreak.

European Central Bank 04 04 - Equity support EUR
European Union 04 04 - Equity support EUR 549,000,000 607,300,885 EIB. https://www.eib.org/en/press/all/2020-103-eib-backs-eur5-billion-investment-to-mitigate-economic-impact-of-coronavirus-and-support-medical-technology (accessed 29 April 2020); Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 29 April 2020); EIB. https://www.eib.org/en/press/all/2020-181-germany-eib-and-european-commission-provide-curevac-with-a-eur75-million-financing-for-vaccine-development-and-expansion-of-manufacturing (accessed 8 April 2021); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1007 (accessed 12 June 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1507 (accessed 27 August 2020).

(i) 8 April 2020, The Commission is launching ESCALAR, a new investment approach, developed together with the European Investment Fund (EIF), that will support venture capital and growth financing for promising companies. In its pilot phase, ESCALAR will provide up to EUR300 million backed by the European Fund for Strategic Investments (EFSI); (ii) 24 April 2020, EIB also approved an equity investment worth EUR75 million for the German company Curevac, through the EIB's Infectious Disease Financing Facility; (iii) 8 June 2020, EUR174 million equity investments from the European Innovation Council (EIC) Accelerator Pilot funding to innovative startups and SMEs; (iv) June 2020, EUR5.3 billion for the Solvency Support Instrument that will work via an EU guarantee provided to the European Investment Bank (EIB) Group under the European Fund for Strategic Investments (EFSI). Solvency support will form a separate window under the EFSI to mobilize private capital. The EIB Group will use this guarantee to provide financing directly or invest, fund or guarantee equity funds, special purpose vehicles, investment platforms or national promotional banks. These intermediary funds or vehicles must be established and operate in the EU. The Solvency Support Instrument should predominantly channel solvency support through financial market intermediaries and only to a lesser degree facilitate direct support to companies by the EIB Group (see item (ii) of Measure 2A).

Federated States of Micronesia 04 04 - Equity support USD
Fiji 04 04 - Equity support FJD
Finland 04 04 - Equity support EUR 710,500,000 785,951,327 MEE. https://tem.fi/artikkeli/-/asset_publisher/ensimmaiset-valtionavustukset-kunnille-yksinyrittajien-tukemiseksi (accessed 3 May 2020); https://vm.fi/en/article/-/asset_publisher/10616/hallitus-paatti-vuoden-2020-neljannesta-lisatalousarvioesityksesta (accessed 9 June 2020); European Sting. https://europeansting.com/2020/06/10/state-aid-commission-approves-e286-million-finnish-measure-to-recapitalise-finnair/ (accessed 15 June 2020); Ministry of Economic Affairs and Employment of Finland. https://tem.fi/artikkeli/-/asset_publisher/nordfuel-oy-n-haapaveden-biojalostamohankkeelle-24-5-miljoonaa-euroa-uusiutuvan-energian-suurten-demohankkeiden-investointitukea (accessed 19 June 2020).

(i) 6 June 2020, Further capital funding of EUR250 million is proposed for Tesi (Finnish Industry Investment Ltd), to increase equity financing for companies ; (ii) 6 June 2020, Capital funding of EUR 150 million is proposed for strengthening the balance sheet of Finnish Minerals Group; (iii) 10 June 2020, The EU Commission approved Finland's plans to contribute to the recapitalisation of Finnair, amounting to EUR286 million through the subscription of new shares by the State in the rights issue launched by Finnair on 10 June 2020 in the context of the coronavirus outbreak; (iv) 15 June 2020, EUR24.5 million of investment support for NordFuel Oy's Haapevesi biorefinery project for large renewable energy demo projects.

France 04 04 - Equity support EUR 23,270,000,000 25,741,150,442 OECD. https://www.oecd.org/coronavirus/en/ (update as of 14 May 2020); Economie. https://www.economie.gouv.fr/3-projet-loi-finances-rectificative-plfr-iii-2020# (accessed 4 July 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_21_1581 (accessed 16 April 2021).

(i) EUR20 billion for the temporary increase in state-ownership for some firms facing exceptional difficulties; (ii) 5 June 2020, EUR150 million worth of investment funds for companies developing sovereign technologies of the future whose risk associated with investment is high (quantum, health, cybersecurity, artificial intelligence, etc.) and of start-ups at any stage of development; (iii) EUR200 million equity support to SMEs in the aeronautics sector; (iv) EUR1.3 billion equity investments in the tourism industry; (v) EUR270 million to EUR620 million equity support under the Programme de soutien à l’innovation majeure PSIM (EUR120 million) & French Tech Souveraineté (EUR150 million, extendable up to a maximum of EUR500 million); (vi) No amount/estimate: 6 April 2021, EUR3 billion loan to Air France has been converted into a hybrid capital instrument. The total amount for this measure is included in Measure 03A (item iii) [update]; (vii) 6 April 2021, a capital injection of up to EUR1 billion for Air France, through the subscription of new shares in a share capital increase opened to existing shareholders and the market [update].

Georgia 04 04 - Equity support GEL
Germany 04 04 - Equity support EUR 121,750,000,000 134,679,203,540 Federal Ministry of Finance. https://bit.ly/3el63tR (accessed 17 April 2020); Federal Ministry for Economic Affairs and Energy. https://bit.ly/3ehnpbi (accessed 17 April 2020); Bruegel. https://bit.ly/3eeLoYx (accessed 16 April 2020); Deutsche Welle. https://bit.ly/3hFEEFj (accessed 17 April 2020); Finance Yahoo. https://yhoo.it/3gjTIHQ (accessed 25 May 2020); Federal Ministry of Finance. https://bit.ly/2YPVHf6 (accessed 31 May 2020). European Commission. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_2256 (accessed 17 December 2020). European Commission. https://ec.europa.eu/commission/presscorner/detail/en/ip_21_7 (accessed 9 January 2021)

(i) 23 March 2020, EUR100 billion under the WSF to directly acquire equity of larger affected companies and strengthen their capital position. On 25 May 2020, Lufthansa got a EUR9 billion support, of which EUR6 billion will be equity; (ii) 1 April 2020, EUR2 billion to expand venture capital financing to start-ups, new technology companies, and small businesses during the coronavirus crisis; (iii) EUR10 billion fund by the state of Bavaria to buy stakes in struggling companies; (iv) 29 October 2020, A new stimulus package includes equity for public railways (EUR5 billion); (v) 1 December 2020, German “umbrella” scheme to enable capital support to enterprises affected by coronavirus outbreak has been approved by the EC. The support will take the form of (i) subordinated loans, and (ii) recapitalisation instruments, in particular equity instruments and hybrid capital instruments. Individual measures will be limited to EUR250 million per beneficiary and the total provisional budget of the scheme is around EUR3.5 billion. Support can be granted until 30 September 2021; (vi) 4 January 2021, EUR1.25 billion to recapitalize TUI AG (TUI), the parent company of the TUI Group, as part of a wider support package for the tourism sector.

Hong Kong, China 04 04 - Equity support HKD 19,500,000,000 2,511,236,172 News.gov.hk. https://www.news.gov.hk/eng/2020/06/20200609/20200609_161908_002.html?type=category&name=covid19 (accessed 11 June 2020).
India 04 04 - Equity support INR
Indonesia 04 04 - Equity support IDR 8,500,000,000,000 559,410,228 Nikkei Asia. https://asia.nikkei.com/Business/Transportation/Garuda-to-get-600m-rescue-via-bond-sale-to-Indonesia-government (accessed 20 November 2020).

20 November 2020, Garuda Indonesia announced the issuance of IDR8.5 trillion in 7-year mandatory covertible bonds to be purchased by a state-owned investment firm as part of the government's rescue plan for the airline.

Ireland 04 04 - Equity support EUR 2,012,000,000 2,225,663,717 DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/May/02052020.html (accessed 9 May 2020); DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/July/07072020.html (accessed 26 July 2020); IE. https://www.gov.ie/en/publication/7347b-preparing-ireland-for-the-economy-of-the-future/ (accessed 15 December 2020).

(i) 2 May 2020, EUR2 billion Pandemic Stabilisation and Recovery Fund within the Ireland Strategic Investment Fund (ISIF), which will make capital available to medium and large enterprises on commercial terms; (ii) 7 July 2020, Enterprise Ireland EUR2 million Competitive Start Fund will open to applications for two competitions which will approve up to forty investments - the 'All Sectors' competition and a 'Women Entrepreneurs' Competition. Each of the two EUR1,000,000 funds being launched will provide up to EUR50,000 in equity funding to successful projects; (iii) EUR10 million in funding for the Seed and Venture Capital sector through Enterprise Ireland as a top-up to existing funds and leveraging a combined additional pool of investment of EUR55 million, as part of commitment to innovation driven enterprises.

Islamic Republic of Iran 04 04 - Equity support IRR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 10 December 2020).

No amount/estimate: September 2020, 1% of sovereign wealth fund to stabilize stock market.

Italy 04 04 - Equity support EUR 45,000,000,000 49,778,761,062 MEF. https://www.mef.gov.it/focus/Decreto-rilancio-le-misure-per-rimettere-in-moto-il-Paese/ (accessed 21 July 2020).

(i) 15 May 2020, EUR45 billion in equity support for companies under the Relaunch Decree.

Japan 04 04 - Equity support JPY 12,180,000,000,000 113,521,070,501 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020); OECD. https://www.oecd.org/coronavirus/en/ (accessed 6 May 2020); ; Nikkei Asia. https://asia.nikkei.com/Economy/BOJ-drops-6tn-yen-target-for-exchange-traded-fund-purchases (accessed 20 March 2021); Bank of Japan. https://www.boj.or.jp/en/mopo/mpmsche_minu/opinion_2021/opi210319.pdf (accessed 29 March 2021).

An increase in the annual pace of the Bank of Japan’s purchases of Exchange Traded Funds (ETFs) and Japan-Real Estate Investment Trusts (J-REITs) up to about JPY12 trillion (2.2% of GDP) and JPY180 billion (0.03% of GDP) in 2020, respectively. 19 March 2021, The central bank dropped from the policy statement its reference to a JPY6 trillion target for annual purchases of ETFs, while keeping the upper limit of about JPY12 trillion. BOJ announced that it would conduct purchases of assets such as ETFs with greater flexibly.

Kazakhstan 04 04 - Equity support KZT
Kiribati 04 04 - Equity support AUD
Kyrgyz Republic 04 04 - Equity support KGS
Lao PDR 04 04 - Equity support LAK
Luxembourg 04 04 - Equity support EUR
Malaysia 04 04 - Equity support MYR 1,200,000,000 279,342,614 Ministry of Finance. https://penjana.treasury.gov.my/pdf/PENJANA-Booklet-En-v3.pdf (accessed 26 June 2020).

5 June 2020 in Short-term National Economic Recovery Plan or PENJANA, An investment fund, amounting to MYR1.2 billion, will be established, which will match institutional private capital investment with selected venture capital and early stage tech fund managers.

Maldives 04 04 - Equity support MVR
Marshall Islands 04 04 - Equity support USD
Mexico 04 04 - Equity support MXN
Mongolia 04 04 - Equity support MNT
Myanmar 04 04 - Equity support MMK