Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Cook Islands 04 04 - Equity support NZD
Cook Islands 05 05 - Health and income support NZD 61,000,000 36,902,601 Ministry of Finance and Economic Management. http://www.mfem.gov.ck/images/MFEM_Documents/COVID-19/Cook_Islands_Economic_Response_to_COVID-19.pdf (accessed 13 April 2020).

The Government’s COVID-19 Economic Response Plan with a total value of NZD61 million has three objectives. The first is to stimulate demand through support to local business to ensure that the economy is able to continue to operate, even at a reduced level, during this period of extreme uncertainty surrounding COVID-19. The second is to support the livelihoods of those that are likely to be most affected by the economic fallout, including those required to self-isolate, those that lose their jobs and the elderly and infirm. The third objective is to achieve the first two objectives in a fiscally responsible manner that does not undermine the Government’s ability to undertake further fiscal intervention over the longer-term, should that prove necessary. Breakdown as follows: (i) NZD5 million, Ministry of Health; (ii) NZD2.3 million support for self-isolation; (iii) NZD2 million small capital works program; (iv) NZD12 million major capital projects; (v) NZD0.97 million unemployment benefit; (vi) NZD22.51 million wage subsidy; (vii) NZD1 million child benefit payment; (vii) NZD0.87 million one-off welfare payment; (viii) NZD50 thousand redeployment program; (ix) NZD3.36 million business grants; (x) NZD2.32 million indirect costs (tax relief, TAU,etc).

Cook Islands 05A 05A - Health support NZD
Cook Islands 05B 05B - Income support NZD
Federated States of Micronesia 04 04 - Equity support USD
Federated States of Micronesia 05 05 - Health and income support USD 35,000,000 35,000,000
Federated States of Micronesia 05A 05A - Health support USD 20,000,000 20,000,000 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 7 May 2020).

To address the emergency caused by COVID-19, the national government has prepared a USD20 million (or about 5% of GDP) COVID-19 Response Framework, in order to develop quarantine and isolation facilities across the nation, provide mandatory infection control training for all first responders, and increase testing capacity and ventilators for each island state in the Federated States of Micronesia.

Federated States of Micronesia 05B 05B - Income support USD 15,000,000 15,000,000 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 7 May 2020).

April 22, The government approved the economic stimulus package of USD15 million (about 3.8% of GDP). The package includes measures to support affected businesses, including wage subsidies, debt relief, as well as social security tax and other tax rebates.

Fiji 04 04 - Equity support FJD
Fiji 05 05 - Health and income support FJD 1,000,000,000 453,802,868 WTO. https://www.wto.org/english/tratop_e/covid19_e/trade_related_goods_measure_e.htm (accessed 1 May 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 10 June 2020).

(i) March 26, A supplementary budget (FJD1 billion) was announced in response to the COVID-19 pandemic. Supplemental expenditures on public health, lump sum payments through the Fiji National Provident Fund (FNPF), tax and tariff reductions, and loan repayment holidays aimed at protecting public health, supporting the economy, and ensuring food security. An Agricultural Response Package to ensure food security has also been announced. It includes the scaling up of the existing Home Gardening program and a new Farm Support Package which aims at boosting the production of short-term crops through seeds and materials distribution; and effective March 2020, No amount/estimate: (ii) Temporary elimination of import excise duty (from 15%) on ethanol for production of hand sanitizers; (iii) Temporary elimination of import fiscal duties on certain products like glove, masks, disposable hair nets, hospital beds, etc.; (iv) Temporary elimination of the VAT on imports of certain products like vaccines, pharmaceutical products, etc.; (v) Temporary increase of the import fiscal duties (by 0.2/L on fuel (diesel and petrol); (vi) June 4, Government expanded its unemployment assistance. Further details to follow.

Fiji 05A 05A - Health support FJD
Fiji 05B 05B - Income support FJD
Kiribati 04 04 - Equity support AUD
Kiribati 05 05 - Health and income support AUD
Kiribati 05A 05A - Health support AUD
Kiribati 05B 05B - Income support AUD
Marshall Islands 04 04 - Equity support USD
Marshall Islands 05 05 - Health and income support USD 37,000,000 37,000,000 Ministry of Finance. COVID-19 Finances (accessed 27 May 2020); International Monetary Fund (IMF). https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 13 April 2020).

April, The government has formulated a Coronavirus Disease Preparedness and Response Plan and is preparing preventive measures amounting to about USD7 million, including construction of quarantine units, purchases of medical equipment, installment of washing stations, and funding for overtime of health workers. May 19, The cost of the Plan currently stands at USD37 million, now including education and logistics cluster needs. The funds from the reprogrammed 1st and 2nd quarter unused salaries from the General Fund and the financial assistance from bilateral and multilateral partners have assisted the Government with its preparatory work for the entire Marshall Islands, as well as, provide some economic relief to the private sector most affected by the COVID-19.

Marshall Islands 05A 05A - Health support USD
Marshall Islands 05B 05B - Income support USD
Nauru 04 04 - Equity support AUD
Nauru 05 05 - Health and income support AUD 9,100,000 6,072,931
Nauru 05A 05A - Health support AUD 3,500,000 2,335,743 International Monetary Fund (IMF). https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 9 July 2020).

April: (i) Fiscal measures have not been deployed yet. Initial estimates from the health department suggests an estimated AUD5 million for health expenditures and isolation costs per 500 individuals (approximately 4% of the population); (ii) Initial estimates for health expenditures and isolation costs per 500 individuals have been revised to AUD3.5 million.

Nauru 05B 05B - Income support AUD 5,600,000 3,737,188 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 9 July 2020).

May: (i) Containment efforts have been sizable and expenditures on keeping the national airline and other state-owned enterprises (SOEs) afloat have been significant at about 5.5% of 2019 GDP. The immigration department estimates AUD5.1 million liquidity injections to Nauru Airlines, and an estimated AUD0.5 million in budget support to SOEs in managing inventory from limited freight and cargo services; (ii) The government has also used its cash buffers for the repatriation of Nauruans abroad.

Niue 04 04 - Equity support NZD
Niue 05 05 - Health and income support NZD
Niue 05A 05A - Health support NZD
Niue 05B 05B - Income support NZD
Palau 04 04 - Equity support USD
Palau 05 05 - Health and income support USD 20,916,808 20,916,808
Palau 05A 05A - Health support USD 916,808 916,808 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 01 May 2020).

The government is taking actions to support the health sector and the economy. The parliament is appropriating an additional USD916,808 (0.3% of GDP) to the Hospital Trust Fund to help with prevention and preparation for COVID-19.

Palau 05B 05B - Income support USD 20,000,000 20,000,000 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 24 June 2020).

The government has also announced measures totaling USD20 million (8% of GDP) to mitigate economic and social hardship through targeted support to affected businesses and individuals. These include a new unemployment benefit scheme, temporary subsidies for utility bills, a new temporary job creation scheme for public works, and a lending scheme for the private sector.

Papua New Guinea 04 04 - Equity support PGK
Papua New Guinea 05 05 - Health and income support PGK 510,000,000 149,683,024
Papua New Guinea 05A 05A - Health support PGK 10,000,000 2,934,961 World Bank. http://documents.worldbank.org/curated/en/375461585914799688/Stakeholder-Engagement-Plan-SEP-Papua-New-Guinea-COVID-19-Emergency-Response-Project-P173834 (accessed 7 April 2020).

PGK10 million was released to the National Department of Health.

Papua New Guinea 05B 05B - Income support PGK 500,000,000 146,748,063 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 1 May 2020).

No amount/estimate: The government has asked the superannuation funds to allow members who have been laid off from work due to COVID-19 to access their savings. On April 8, Superfunds announced that its members whose employment was terminated by their employer as a result of COVID-19 will be entitled to a one-off payment of 20% of the member’s contribution (PGK500 million support from superannuation savings to employees affected by the economic slowdown).

Samoa 04 04 - Equity support WST
Samoa 05 05 - Health and income support WST 149,300,000 55,390,300 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 9 July 2020); Government of Samoa. https://www.samoagovt.ws/2020/05/savali-issue-21-dated-27-may-2020-savali-21-aso-27-me-2020/ (accessed 29 May 2020).

(i) April, The government has put together the first phase of the fiscal and economic response package, amounting to WST66.3 million (3% of gross domestic product [GDP]). April 7, The package approved by parliament is centered around the mission of "Support the private sector so they can feed the nation." (ii) May 26, The Samoan government unveiled Tuesday its second stimulus package of WST83 million (about USD29.88 million) to help the country's private sector battle against COVID-19. The measures tabled to the parliament include an extension of utility subsidies, retraining programs for unemployed workers, increases in monthly pensions, one-off cash payments to citizens, assistance to exporters, and support for nongovernment organizations.

Samoa 05A 05A - Health support WST IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 9 July 2020).

No amount/estimate: April, The package includes expenditure to cover immediate medical response (See Measure 5: Government support to income/revenue). The government has been stepping up its efforts to increase the level of preparedness and prevention. Temporary quarantine facilities have been established in key areas.

Samoa 05B 05B - Income support WST IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 9 July 2020).

No amount/estimate: April: (i) Support for the private sector includes (a) a temporary exemption on import duties on most commonly bought food items for households, (b) duty concessions to be applied to an expanded list of agricultural and fishing materials, and (c) a 6-month moratorium on pension contributions for the hospitality sector (See Measure 5: Government support to income/revenue); (ii) Support for citizens includes (a) establishment of the Emergency Price Control Board to keep wholesale and retail prices in check and bring them down, if necessary; (b) provision of financial assistance to members of the National Provident Fund in the form of a refund of their loan payments for March 2020; (c) and a temporary reduction of utility bills (both electricity and water) for 6 months through September 2020 (See Measure 5: Government support to income/revenue); (iii) To compensate part of the losses in interest income from the 3-month grace period applied to laon payments, local commercial banks will receive payments from the government.

Solomon Islands 04 04 - Equity support SBD IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 9 July 2020).

No amount/estimate: May: (i) The government will use a fraction of the COVID-19 Bond on equity investments into Soltuna, Kolombangara Forest Products Limited, and Solomon Airlines; (ii) The stimulus package includes equity injections to government-owned companies

Solomon Islands 05 05 - Health and income support SBD 309,000,000 37,668,469