Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Afghanistan 04 04 - Equity support AFN
Afghanistan 05 05 - Health and income support AFN 8,000,000,000 101,662,492
Afghanistan 05A 05A - Health support AFN 8,000,000,000 101,662,492 IMF. (accessed 6 May 2020).

(i) The government has so far allocated AFN1.9 billion (0.1% of GDP) in the budget for emergency health needs, such as (a) establishing testing labs, including at border crossings, (b) setting up special wards to boost hospitalization and care capacity, and (c) procuring the most critical medical supplies; (ii) As of April 22, the government has already allocated a total of AFN8 billion (0.5% of GDP) for emergency pandemic response. The authorities plan to spend about 2% of GDP for critical pandemic-related spending during the year, with about one-third directed to health;

Afghanistan 05B 05B - Income support AFN IMF. (accessed 6 May 2020).

No amount/estimate: To ease tax compliance, the government extended filing deadlines by 2 months, until May 20 for individual and business taxpayers.

Afghanistan 10 10 - No breakdown AFN IMF. (accessed 26 April 2020).

No amount/estimate: April 22, The government has already allocated AFN8 billion (0.5% of GDP) for emergency pandemic response. The authorities plan to spend about 2% of GDP for critical pandemic-related spending during the year (See Measure 5 under health).

Afghanistan 12 12 - Non-Economic Measures AFN IMF. (accessed 6 May 2020)

(i) Screening at ports of entry, quarantine for infected people, and closure of public places for gathering; (ii) Quarantine for infected people; (iii) Closure of public places for gathering; (iv) Social distancing measures, including a three-week lockdown of Kabul (March 28) and Ghazni (April 1) and restricting daily movements to those deemed essentiall (v) Extended the border closures until April 9; (vi) Social distancing measures have included 20 provinces, including Kabul and some other cities, instituting lockdown measures, extended for two weeks on April 12; (vii) social distancing measures have been extended for 3 weeks on April 17; (viii) Both Houses of Afghanistan’s parliament were put on lockdown on April 29 until end of the national lockdown; (ix) The government also released over 5,300 prisoners to reduce the risk of mass infections in penitentiaries.

Armenia 04 04 - Equity support AMD
Armenia 05 05 - Health and income support AMD 30,000,000,000 61,348,610
Armenia 05A 05A - Health support AMD
Armenia 05B 05B - Income support AMD 30,000,000,000 61,348,610 Asbarez. (accessed 16 April 2020).

(i) No amount/estimate: Subsidize the interest rates of co-financed loans for companies that borrow money from Armenian banks in the national currency to pay salaries, taxes, bills and purchase raw materials; (ii) a package of AMD30 billion (over USD60 million) for urgent social assistance for the impoverished. See Measure 9: No breakdown.

Armenia 10 10 - No breakdown AMD 245,000,000,000 501,013,646 IMF. (accessed 30 April 2020); Asbarez. (accessed 16 April 2020)

Government assistance package with a headline amount of at least AMD300 billion (over USD300 million) to mitigate the socio-economic issues related to the pandemic, although this includes a variety of direct spending, state-sponsored loans and increased investment. The key measures include (i) direct labor subsidies to micro enterprises and SMEs that retain their employees and maintain their wage; (ii) strategic support to innovative companies, although the details of this last element are not yet final.

Armenia 12 12 - Non-Economic Measures AMD IMF. (accessed 10 June 2020).

No amount/estimate: The government declared a national state of emergency on March 16, and imposed strict containment measures, including school closures, travel bans on foreign citizens from high risk countries, and imposed fines to those who violate isolation orders during the state of emergency. The state of emergency will be in place until June 14 and encompass movement restrictions. Effective May 4, the movement restrictions are removed and almost all business activities are allowed to operate. This decision is considered a test and stricter restrictions may be implemented again depending on the spread of the virus. Effective June 4, the government declared wearing a face mask in all open public spaces mandatory. [update]

Azerbaijan 04 04 - Equity support AZN
Azerbaijan 05 05 - Health and income support AZN 1,093,500,000 643,235,294
Azerbaijan 05A 05A - Health support AZN 8,500,000 5,000,000 World Health Organization (WHO).,-welcoming-who-mission (accessed 15 April 2020); IMF. (accessed 11 June 2020).

(i) March, Azerbaijan is contributing to global efforts to address COVID-19, coordinating with neighboring countries, and has pledged USD5 million to World Health Organization's strategic preparedness and response plan.

Azerbaijan 05B 05B - Income support AZN 1,085,000,000 638,235,294 IMF. (accessed 11 June 2020); Caspian News. (accessed 15 April 2020); European Bank for Reconstruction and Development (EBRD). (accessed 27 May 2020).

(i) April 6, AZN1 billion (USD588 million) for the government's subsidization of 10% of the interest for one year of existing company loans; (ii) No amount/estimate: April, Tax exemptions for micro-enterprises and value-added tax (VAT) exemption for some food and medicinal products, as well as the raw materials that are necessary for making such stuff; (iii) No amount/estimate: Lump-sum payments in the amount of living wage - AZN190 (USD112) to 200,000 unemployed citizens of the country. The payment is considered for two months. The social package aims to relieve the impact of the novel coronavirus on the social life of people by multiple tools, including creation of 50,000 paid public jobs, tuition support program for students from socially vulnerable families, financial support program for mortgage and credit guarantee mechanism, program to support communal fees, primarily for electricity consumption of the population, and financial support program for vital passenger transport activities; (iv) May 19, USD50 million, or about AZN85 million (of the USD200 million swap with the European Bank for Reconstruction and Development (EBRD)) is allocated as support to local firms, including smaller viable enterprises experiencing temporary difficulties.

Azerbaijan 10 10 - No breakdown AZN 1,000,000,000 588,235,294 Caspian News. (accessed 15 April 2020).

March, AZN1 billion is part of the announced support amounting to AZN2.5 billion (3% of GDP) to reduce the negative impact of COVID-19 outbreak on the national economy, the entrepreneurship and banking sectors, as well as for strengthening the social protection of the people.

Azerbaijan 12 12 - Non-Economic Measures AZN IMF. (accessed 11 June 2020).

(i) To contain the spread of COVID-19, the authorities have introduced a special quarantine regime (until June 15) [update]. It includes border closures, required quarantine of returning citizens, prohibition of mass gatherings, and restriction on domestic movements; (ii) The COVID-19 Operational Headquarters has been created under the Cabinet of Ministers, and working groups within various ministries and the CBA have been tasked with developing specific measures. These restrictions are being slowly relaxed starting May 4.

European Central Bank 04 04 - Equity support EUR
European Central Bank 05 05 - Health and income support EUR
European Central Bank 05A 05A - Health support EUR
European Central Bank 05B 05B - Income support EUR
European Central Bank 10 10 - No breakdown EUR ECB. (24 May 2020).

May 22, The account of the monetary policy meeting of the Governing Council of the ECB on 29-30 April was released. According to it, the ECB was fully prepared to adjust all of its measures, as appropriate, to ensure that inflation moved towards its aim in a sustained manner, in particular signalling that it was fully prepared to increase the size of the PEPP and adjust its composition as much as necessary and for as long as needed .

European Central Bank 12 12 - Non-Economic Measures EUR
European Union 04 04 - Equity support EUR 549,000,000 607,300,885 EIB. (accessed 29 April 2020); Yale. (accessed 29 April 2020); EC. (accessed 12 June 2020).

(i) April 8, 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) April 24, EIB also approved an equity investment worth EUR75 million for the German company Curevac, through the EIB's Infectious Disease Financing Facility; (iii) June 8, EUR174 million equity investments from the European Innovation Council (EIC) Accelerator Pilot funding to innovative startups and SMEs [update].

European Union 05 05 - Health and income support EUR 216,199,000,000 239,158,185,841
European Union 05A 05A - Health support EUR 3,880,000,000 4,292,035,398 OECD. (accessed 15 April 2020).

(i) EUR800 million of the EU Solidarity Fund will be available by including a public health crisis within its scope, with a view of mobilizing it if needed for the hardest-hit EU member states; (ii) 19 March, the Commission decided to create a European civil protection stockpile of medical equipment (initial budget of EUR50 million, proposed to increase to EUR80 million) with a 90% Commission grant; (iii) 2 April, the Commission presented legislative proposals for an Emergency Support Instrument for the healthcare sector, (EUR3 billion) from the EU budget.

European Union 05B 05B - Income support EUR 212,319,000,000 234,866,150,442 OECD. (accessed 15 April 2020); EC. (accessed 19 April 2020); IMF. (accessed 21 May 2020); EC. (accessed 12 June 2020); EC. (accessed 12 June 2020).

(i) Mobilised European Globalisation Adjustment Fund to support dismissed workers and those self-employed (up to EUR179 million available in 2020); (ii) EUR100 billion to finance the short-term unemployment mechanisms through the loans provided by the EU Commision to EU member states (SURE mechanism) backed by EUR 25 billion of guarantees voluntarily committed by Member States to the EU budget. On May 20, a Regulation establishing SURE entered into force. Countries will be able to use loans also in support of some health-related measures, esp. in the workplace. SURE will become available once all Member States have provided the required guarantees proportionally to gross national income, and will remain available until end-2022 (with the possibility to adjust this deadline) ; (iii) no amount/estimate: March 19, EU Comission intends to allow State aid for struggling businesses and enable Member States to use the full flexibility foreseen under State aid rules. On May 8, the European Commission adopted a second amendment to extend the scope of the State aid Temporary Framework to recapitalization and subordinated debt measures to further support the economy in the context of the coronavirus outbreak. The amended Temporary Framework will be in place until the end of December 2020, except for recapitalization measures which has an extended period by the end of June 2021. The Commission will assess before these dates if they need to be extended; (iv) March, EUR37 billion unallocated funds of cohesion policy funding 2014-2020 will be eligible for Coronavirus crisis related expenditure within the Corona Response Investment Initiative. Member States can use them to support public investment for hospitals, SMEs, labor markets, and stressed regions. The Coronavirus Response Investment Initiative Plus (CRII+), proposed on 2 April, complements the CRII by further enhancing flexibility in the use of cohesion funds. This enhanced flexibility is inter alia provided through transfer possibilities across the three cohesion policy funds (the European Regional Development Fund, European Social Fund and Cohesion Fund), transfers between the different categories of regions (e.g. less vs more developed), flexibility regarding thematic concentration, the possibility for a 100% EU co-financing rate for the accounting year 2020-2021, and simplified procedural steps; (v) European Green Deal investments will remain a priority as part of the EU's efforts to kickstart its economy post-crisis. One of its three sources of funding is a grant, the A Just Transition Fund, which will receive EUR7.5 billion of fresh EU funds. In order to tap into their share of the Fund, Member States will, in dialogue with the Commission, have to identify the eligible territories through dedicated territorial just transition plans. They will also have to commit to match each euro from the Just Transition Fund with money from the European Regional Development Fund and the European Social Fund Plus and provide additional national resources. Taken together, this will provide between EUR30 and EUR50 billion of funding. It will, for example, support workers to develop skills and competences for the job market of the future and help SMEs, start-ups and incubators to create new economic opportunities in these regions. It will also support investments in the clean energy transition, for example in energy efficiency. Another source of funds for this initiative is a public sector loan facility with the European Investment Bank backed by the EU budget to mobilise between EUR25 and EUR30 billion of investments. It will be used for loans to the public sector, for instance for investments in district heating networks and renovation of buildings; (vi) June 8, European Innovation Council (EIC) Accelerator Pilot fund issued grants of EUR140 million to innovative companies [update]; (vii) Proposed modifications to its 2020 budget to make EUR 11.5 billion available for the hardest hit regions, and to support businesses, including those outside of EU borders. These modifications are stopgap measures to provide support while waiting for the European Commission to ratify a budget containing the "Next Generation EU" recovery instrument [update].

European Union 10 10 - No breakdown EUR Politico. (accessed 28 May 2020).

EU Commission put forth a proposal to create a EUR750 billion fund — called Next Generation EU. About EUR500 billion would be disbursed as grants to those member countries most in need as a result of the crisis, while the remaining EUR250 billion would be available as credits .

European Union 12 12 - Non-Economic Measures EUR IMF. (accessed 29 April 2020).

Most European countries have taken several containment measures ranging from lockdowns and travel restrictions to school closures and bans on large gatherings. Measures that favor teleworking were also widely implemented. The European Commission presented guidelines for exit strategies and called for a common framework across member states. The criteria include: (i) sustained reduction and stabilization of new cases, (ii) sufficient health system capacity such as adequate hospital beds, pharmaceutical products, and equipment, and (iii) appropriate monitoring capacity to quickly detect and isolate infected individuals as well as to trace contacts. The Commission invited Schengen Member States and Schengen Associated States to extend the temporary restriction on non-essential travel to the EU until 15 June and presented further guidance on a gradual lifting of border restrictions .

Georgia 04 04 - Equity support GEL
Georgia 05 05 - Health and income support GEL 350,000,000 115,103,853
Georgia 05A 05A - Health support GEL 350,000,000 115,103,853 IMF. (accessed 7 May 2020).

May 7, Additional funds of about GEL350 million will be directed to health spending including lab testing and quarantine expenditures as well as increased costs associated with hospitalization, medical treatment, and medical supplies.

Georgia 05B 05B - Income support GEL IMF. (accessed 7 May 2020).

No amount/estimate: (i) April 24, The ‘Anti-Crisis Economic Action Plan’ listed the government’s initiatives to support the population and businesses along with the measures already implemented or announced by the government, such as the payment for gas, electricity and utilities for the for users consuming up to 200 kW of electricity and/or up to 200 m3 natural gas monthly; (ii) The government introduced the State Program for Maintaining Prices of Primary Consumption Food Products. The program envisages subsidies for certain imported products to keep their local price stable (rice, pasta, buckwheat, sunflower oil, sugar, milk powder, beans, wheat, and wheat powder) for the period from 15 March to 15 May 2020; (iii) Bank loan service holidays for individuals; income and property tax holidays for hotels (until Nov 1, 2020); (iv) Within the frame of the new program “Co-financing Mechanism for Supporting Family-owned, Small and Medium-size Hotel Industries”, Enterprise Georgia (the agency of the Ministry of Economic and Sustainable Development of Georgia) will co-finance up to 80% of the annual interest rate on loans issued to family-owned, small and medium-sized hotels; (v) The custom clearance term for vehicles imported before 1 April 2020 was extended to 1 September 2020 for car importers; and (vi) VAT refunds will become automatic and will accelerate.

Georgia 10 10 - No breakdown GEL 500,000,000 164,434,076 IMF. (accessed 7 May 2020).

May 7, GEL500 million will be provided to support businesses, including through the credit guarantee scheme. Financing for working capital will increase. This belongs in Measures 1A and 2C.

Georgia 12 12 - Non-Economic Measures GEL IMF. (accessed 1 May 2020); WTO. (accessed 10 June 2020).

(i) The government has declared a national state of emergency (lifted since May 22) and adopted containment measures, including social distancing, lock down of high-risk districts, closure of border crossing, travel ban for foreign visitors, quarantine for nationals returning to Georgia, closure of shops (other than groceries and gas stations) and schools. Domestic tourism will open on June 15th; international tourism will re-open on July 1st and international flights will resume accordingly [update]; (ii) Unauthorized private vehicle movement was prohibited Intercity until April 27, while intracity public transport movement is still prohibited; (iii) A mandatory curfew is now in place, requiring the population to remain indoors from 21:00 to 06:00; (iv) All individuals must carry an identity document when outside of their dwelling (on foot or otherwise). Stricter restrictions on movement are in place for individuals aged 70 and above; (v) Other forms of economic activity, including tourism, has come to a standstill. As of May 5, construction, production of construction materials, carwash, computer and equipment repair shops, and parks will open; (vi) Effective 3 April 2020 to 10 May 2020, Temporary export ban on diagnostic or laboratory reagents on a backing, prepared diagnostic or laboratory reagents whether or not on a backing, etc.

Kazakhstan 04 04 - Equity support KZT
Kazakhstan 05 05 - Health and income support KZT 7,700,000,000,000 18,677,986,659 IMF. (accessed 13 April 2020). OECD. (accessed 21 May 2020) KPMG. (accessed 21 May 2020)

(i) The President announced a significant anti-crisis package now totaling KZT 5.9 trillion. The anti-crisis package includes cash payments to the unemployed (USD95 per month per person), a 10% increase in pension and social benefits, and additional spending to strengthen the health sector (As of May 20: (a) KZT14.8 billion for the construction of three quarantine modular complexes in Nur-Sultan, Shymkent and Almaty; (b) KZT40.6 billion for incentive measures for healthcare workers participating in quarantine activities; (iii) KZT19.5 billion for health organizations treating coronavirus patients; (c) KZT8 billion in salaries will be paid to doctors, police officers and other specialists) and support employment and business; (ii) An additional KZT1.8 trillion will be allocated to support employment under an “Employment Roadmap” program; and (iii) No amount/estimate: SMEs and individual entrepreneurs are also eligible for new tax incentives; (iv) No amount/estimate: May 14, VAT rate has been reduced from 12% to 8% until 1 October 2020 with the exception of food and drugstores, transportation services, consulting services and information technology.

Kazakhstan 05A 05A - Health support KZT
Kazakhstan 05B 05B - Income support KZT OECD. (accessed 1 May 2020).

No amount/estimate: May 20, residents in Almaty can defer utility payments for March and April until the end of 2020 with no fines or penalty. Reimbursement of utilities expenses for April and May in amount of KZT15,000 will also be provided for socially vulnerable groups.

Kazakhstan 10 10 - No breakdown KZT
Kazakhstan 12 12 - Non-Economic Measures KZT OECD. (accessed 21 May 2020). IMF. (accessed 28 May 2020)

(i) April 21, Kazakhstan bans livestock export for 6 months; April 27: (ii) The quarantine regime is extended until 11 May. The government is preparing a plan to ease the measures in cities and regions where the situation with the virus is under control; (iii) Flights between Nur-Sultan and Almaty will start operating starting from May 1; (iv) The schooling has been moved online, and will last after May 11, however technical difficulties have been reported; (v) The State Commission On Ensuring the State of Emergency is preparing a list of businesses that will resume their activities, which includes industrial enterprises, construction and road construction companies, transport companies, banks and public service centres; (vi) April 30, The city of Almaty announced that Almaty residents are authorised to move to their countryside houses (datcha) and to go to city's playgrounds and parks under certain time and people restrictions; (vii) The state of emergency has been lifted as of May 11. Quarantine is maintained but measures will be gradually relaxed; (viii) Internal flights have resumed, but borders remain closed to non-citizens, as well as international flights from Covid-19 affected countries; (ix) The visa exemption for 56 countries (including EU and France) has been suspended until 1 November; (x) As of May 20, WHO has approved a Kazakh COVID-19 vaccine for preclinical trials; (xi) Cash withdrawals limits will be temporarily imposed on legal entities starting early June. A pilot biometric information center has been launched to help banks identify customers in order to provide remote banking services.