|Economy||Measure Code||Measure||Currency Code||Amount (Local)||Amount (USD)||Source||Post Date||Details|
|Bangladesh||04||04 - Equity support||BDT|
|Bangladesh||08||08 - International Assistance Received||BDT||322,443,865,500||3,795,690,000|
|Bangladesh||08A||08A - Swaps||BDT|
|Bangladesh||08B||08B - International loans/grants||BDT||322,443,865,500||3,795,690,000|
|Bangladesh||08B1||08B1 - Asian Development Bank||BDT||88,177,250,500||1,037,990,000||ADB. Table A1.2: Sovereign Lending and Asian Development Fund Grant Operations (as of 17 July 2020); ADB. Table A1.4: Asia Pacific Disaster Response Fund and Technical Assistance (as of 4 August 2020); ADB. Table A1.5: Country Support under TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases (as of 1 August 2020).||
(i) March 31, USD1.33 million under the Skills for Employment Investment Program (Tranche 1); (ii) April 30, USD100 million under the COVID-19 Response Emergency Assistance Project; (iii) April, USD349.78 million as a guarantee under the Trade Finance Program (Additional Financing) with USD92.64 million co-financing; (iv) April, USD69.21 million as a loan under Trade Finance Program (Additional Financing) with USD31.50 million co-financing; (v) USD3 million under the TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases; (vi) April 7, USD0.2 million as a technical assistance under the Regional Project Development Support for the South Asia Subregional Economic Cooperation Operational Plan, 2016–2025; (vii) May 7, USD1 million as technical assistance under COVID-19 under Active Response and Expenditure Support Program; (viii) May 7, USD500 million as COVID-19 pandemic response option (CPRO); (vii) May 20, USD0.16 million technical assistance under Support to address Outbreak of Coronavirus Disease 2019 and Strengthen Health Systems Preparedness for Communicable Diseases in South Asia.; (viii) June 30, USD0.10 million techinal assistance under Quality Jobs and the Future of Work; (ix) July 15, USD10 million, Emergency Working Capital Support to Dairy Value Chain Project; (x) July 24, USD0.21 million technical assistance under Due Diligence and Capacity Development of Trade Finance Program Banks (Subproject 3); (xi) August 5, USD3 million COVID-19 Emergency Response.
|Bangladesh||08B2||08B2 - Other||BDT||234,266,615,000||2,757,700,000||The World Bank. https://www.worldbank.org/en/news/press-release/2020/04/03/world-bank-fast-tracks-100-million-covid-19-coronavirus-support-for-bangladesh (accessed 16 April 2020). USAID. https://www.usaid.gov/news-information/coronavirus/fact-sheets/update-united-states-continues-lead-global-response-covid-19 (accessed 29 May 2020). IMF. https://www.imf.org/en/News/Articles/2020/05/29/pr20226-bangladesh-imf-exec-board-approves-us-732m-disbursement-to-address-the-covid19-pandemic (accesed 10 June 2020). AIIB. https://www.aiib.org/en/news-events/news/2020/AIIB-Approves-USD100-Million-Loan-to-Bangladesh-for-COVID-19-Response.html (accessed 04 Sept 2020).||
(i) April 3, The World Bank approved a fast-track USD100 million financing to help Bangladesh prevent, detect, and respond to the COVID-19 pandemic and strengthen its national systems for public health emergencies. The project is financed from the International Development Association (IDA), the World Bank’s fund for the poorest countries, through the World Bank Group’s COVID-19 Fast Track Facility. The credit has a 30-year maturity, including a five-year grace period. (ii) May, more than USD25.7 million assistance from USAID includes USD10 million for health and IDA humanitarian assistance to help with case-management, surveillance activities, infection prevention and control, risk communication, and water, sanitation, and hygiene programs, and more than USD15.3 million in MRA humanitarian support for vulnerable people during the pandemic, including refugees and host communities; (iii) May 18, USD250 million co-financing from AIIB for ADB's COVID-19 Active Response and Expenditure Support Program; (iv) May 29, USD732 million approved by IMF Executive Board under the Rapid Credit Facility, USD244 milion, and Rapid Financing Instrument, USD488 million; (v) June 19, USD1.05 billion provided by WB to create quality jobs and respond to covid-19 pandemic; (vi) USD500 million provided by WB to help improve road and digital connectivity and logistics in Western Region; (vii) Aug 28, AIIB approved USD100 million to Bangladesh for COVID-19 Response. [update]
|Bangladesh||12||12 - Non-Economic Measures||BDT||Ministry of Public Administration. https://mopa.gov.bd/sites/default/files/files/mopa.gov.bd/notices/8b82fa43_9c1a_4269_bc9f_dcf378e47fdf/admin1-2020-347-r1.PDF (accsessed 29 June 2020). IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 1 May 2020).||
(i) March 23, The government declared a general holiday from March 26 to April 4, which has been extended until May 5: government offices, private offices, and courts will be closed, commercial banks will operate shorter hours; (ii) Individuals have been requested not to leave their homes except to collect daily necessities and emergency supplies, and to wear masks when outside; and (iii) A lockdown has been imposed on 75 hotspots in Dhaka where cases have been identified, and a curfew is in operation from 6pm to 6am.
|Bhutan||04||04 - Equity support||BTN/INR|
|Bhutan||08||08 - International Assistance Received||BTN/INR||3,592,816,435||48,345,000|
|Bhutan||08A||08A - Swaps||BTN/INR|
|Bhutan||08B||08B - International loans/grants||BTN/INR||3,592,816,435||48,345,000|
|Bhutan||08B1||08B1 - Asian Development Bank||BTN/INR||1,748,660,062||23,530,000||ADB||
(i) April, Country Support under TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases (USD1.17 million); (ii) April 7, Regional Project Development Support for the South Asia Subregional Economic Cooperation Operational Plan, 2016–2025 (USD0.05 million); (iii) May 4, COVID-19 Active Response and Expenditure Support Program (USD20 million); (iv) May 20, Support to address Outbreak of Coronavirus Disease 2019 and Strengthen Health Systems Preparedness for Communicable Diseases in South Asia (USD0.10 million); (v) July 16, COVID-19 Emergency Response (USD2 million); (vi) July 24, Due Diligence and Capacity Development of Trade Finance Program Banks (Subproject 3) (USD0.21 million).
|Bhutan||08B2||08B2 - Other||BTN/INR||1,844,156,372||24,815,000||World Food Programme. https://www.wfp.org/news/wfp-extends-food-security-assistance-royal-government-bhutan-covid-19-response (accessed 13 April 2020); World Bank. https://www.worldbank.org/en/news/press-release/2020/04/16/world-bank-fast-tracks-5-million-for-bhutans-covid-19-coronavirus-response (accessed 6 May 2020); World Bank. https://www.worldbank.org/en/news/press-release/2020/05/20/148-million-from-world-bank-to-help-bhutan-manage-climate-and-disasters-risks (accessed 21 May 2020); USAID. https://www.usaid.gov/news-information/coronavirus/fact-sheets/may-29-2020-update-united-states-continues-lead-global-response-covid-19 (accessed 5 June 2020); UNDP. http://mptf.undp.org/factsheet/fund/COV00 (accessed 5 June 2020); Ministry of Foreign Affairs. https://www.mfa.gov.bt/?p=8043 (accessed 17 June 2020); MFA. https://www.mfa.gov.bt/?p=8066 (accessed 24 June 2020).||
(i) World Food Program donated two mobile storage units to help authorities preposition food to meet the needs of half the population for three months. The storage units has a capacity of 500 metric ton each and worth a total of USD45,000 (grant); (ii) April 27, the government and the World Bank signed a fast-track USD5 million COVID-19 project to help Bhutan prevent, detect, and respond to the pandemic and strengthen its public health preparedness (loan); (iii) May 20, The Royal Government of Bhutan and the World Bank signed a USD14.8 million Development Policy Financing with Catastrophe Deferred Drawdown Option (Cat DDO) to help Bhutan undertake a comprehensive set of reforms to manage climate and disasters risks, including disease outbreaks (loan); (iv) May, USAID provided USD1 million in total assistance for COVID-19 response, of which (a) USD500,000 in ESF to support micro, small and medium-sized enterprises to generate income for those affected by COVID-19; (b) USD500,000 in health assistance to strengthen diagnostic laboratory capabilities and clinical case-management, provide virtual training for health care providers and lab personnel, and design and produce risk-communications materials (grant); (v) May 28, United Nations (UN) COVID-19 Response and Recovery Fund, a UN inter-agency fund mechanism established by the UN Secretary-General to help support low and middle income program countries to respond to the pandemic and its impacts including an unprecedented socioeconomic shock, has allocated USD300,000 to Bhutan (grant); (vi) June 15, UN in Bhutan committed USD1.17 million to support the Royal Government of Bhutan in addressing issues related to the COVID-19 pandemic. A part of the commitment comes from the Secretary General’s UN COVID-19 Response and Recovery Fund, with the aim to support responses to COVID-19 (see item v) and part of it is from the Joint Sustainable Development Goals (SDG) Fund, which will cover activities that will accelerate progress toward achieving the SDGs ; (vii) June 23, The Government of Japan will provide a grant of JPY300 million (around USD2.8 million) to procure medical equipment to strengthen public health and medical systems in Bhutan.
|Bhutan||12||12 - Non-Economic Measures||BTN/INR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 24 July 2020); PMO. https://www.gov.bt/covid19/?p=1606 (accessed 20 July 2020); Royal Government of Bhutan. https://www.gov.bt/covid19/?p=1664 (accessed 11 August 2020); Royal Government of Bhutan. https://www.gov.bt/covid19/31-08-20-press-release-pmo/ (accessed 02 September 2020).||
(i) Bhutan started imposing containment measures immediately after the first case was recorded on March 6, with restriction of entry of foreign tourists initially for two weeks but extended afterwards and closure of schools in three cities; (ii) March 22, Bhutan sealed off its land borders as a precautionary measure to prevent the spread of COVID-19. For non-Bhutanese, exits are allowed. Incoming non-Bhutanese are scrutinized and quarantined where applicable; (iii) March 27, More containment measures were imposed on public gatherings, travel (within and outside Bhutan), business and entertainment, games and sports and civil service, corporate, private, and other agencies. The quarantine period has been extended to April 21; (iv) Healthcare measures include setting up dedicated hospitals and quarantine centers; (v) June 19, Easing of restrictions, which will be done in phases, in schools, institutes, and colleges, except pre-primary levels, low risk businesses, sports, trainings and workshops, religious and social functions, parks and public spaces, and public transport; (vi) June 19, All government, corporate, and allied agencies are called to discontinue "work from home" starting June 22; (vii) August 11, Government announces nationwide lockdown. On September 1, The government announced a phased easing of lockdown restrictions between September 1 and 10 [update].
|European Central Bank||04||04 - Equity support||EUR|
|European Central Bank||08||08 - International Assistance Received||EUR||131,062,824,000||144,981,000,000|
|European Central Bank||08A||08A - Swaps||EUR||131,062,824,000||144,981,000,000||New York FED.https://apps.newyorkfed.org/markets/autorates/fxswap (accessed 14 June 2020).||
Peak amount outstanding with the US Fed: USD144.981 billion as of June 10.
|European Central Bank||08B||08B - International loans/grants||EUR|
|European Central Bank||08B1||08B1 - Asian Development Bank||EUR|
|European Central Bank||08B2||08B2 - Other||EUR|
|European Central Bank||12||12 - Non-Economic Measures||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); 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) 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; (iv) June, 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 mobilise 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 [update].
|European Union||08||08 - International Assistance Received||EUR|
|European Union||08A||08A - Swaps||EUR|
|European Union||08B||08B - International loans/grants||EUR|
|European Union||08B1||08B1 - Asian Development Bank||EUR|
|European Union||08B2||08B2 - Other||EUR|
|European Union||12||12 - Non-Economic Measures||EUR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (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 .
|India||04||04 - Equity support||INR|
|India||08||08 - International Assistance Received||INR||420,229,097,921||5,654,610,000|
|India||08A||08A - Swaps||INR|
|India||08B||08B - International loans/grants||INR||420,229,097,921||5,654,610,000|
|India||08B1||08B1 - Asian Development Bank||INR||122,377,221,035||1,646,710,000||ADB. Table A1.2 Sovereign Lending and Asian Development Fund Grant Operations, Table A1.3 Nonsovereign Operations, Table A1.4 Asia Pacific Disaster Response Fund and Technical Assistance, Table A1.5: Country Support under TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases (all accessed as of 21 August 2020).||
(i) April 7, USD0.07 million as a technical assistance under the Regional Project Development Support for the South Asia Subregional Economic Cooperation Operational Plan, 2016–2025; (ii) April 22, USD1 million under the Strengthening Capacity of the National Urban Health Mission (Supplementary); (iii) April 28, USD2 million under the Building Capacity for Improved Implementation of Government’s COVID-19 Response and Pro-Poor Economic Package; (iv) April 28, USD1.5 billion under the COVID-19 Active Response and Expenditure Support Program; (v) USD3 million under the TA 9950: Regional Support to Address the Outbreak of COVID-19; (vi) May 14, USD0.2 million funding from the ADB and the Republic of Korea e-Asia and Knowledge Partnership Fund under the following project: Strengthening Universal Health Coverage in India: Supporting the Implementation of Pradhan Mantri Jan Arogya Yojan; (vii) May 20, USD0.12 million as support to address the outbreak of the Coronavirus disease, and to strengthen the health systems preparedness for South Asia; (viii) May 20, USD12.53 million guarantee from the ADB as part of the Microfinance Risk Participation and Guarantee Program, with another USD12.53 million cofinanced by other institutions. As of June 17, this amount has been increased to USD21.83 million each. As of July 4, this amount was again increased to a total of USD23.81 million each. Further, as of August 14, this amount increased to a total of USD29.82 million each; (ix) June 9, additional USD15 million loan to India for sustaining poultry farmer income and food security; (x) June 29, USD2.5 million under the Regional Program, Planning for Economic Recovery of South Asia from COVID-19; (xi) July 23, USD3 million funding under the COVID-19 Emergency Response; (xii) July 29, USD50 million loan under the ReNew Power COVID-19 Liquidity Support Project; (xiii) August 6, USD20 million Debt Financing to Global Health Private Limited for the COVID-19 Hospital Service Delivery Project; (xiv) August 10, USD20 million Debt Financing to Apollo Hospitals Enterprise Limited for the COVID-19 Hospital Capital Support Project.
|India||08B2||08B2 - Other||INR||297,851,876,886||4,007,900,000||AIIB. https://www.aiib.org/en/news-events/news/2020/AIIB-Approves-USD750-M-Loan-to-India-for-COVID-19-Response.html (accessed 18 June 2020), https://www.aiib.org/en/news-events/news/2020/AIIB-Approves-USD500M-to-Support-Indias-Response-to-COVID-19.html (accessed 14 May 2020). World Bank. https://www.worldbank.org/en/news/press-release/2020/06/30/world-bank-approves-750-million-emergency-response-program-for-micro-small-and-medium-enterprises-in-india (accessed 9 July 2020), https://www.worldbank.org/en/about/what-we-do/brief/world-bank-group-operational-response-covid-19-coronavirus-projects-list (accessed 21 May 2020). UNDP. http://mptf.undp.org/factsheet/project/00121712 (accessed 22 May 2020); USAID. https://www.usaid.gov/news-information/coronavirus/fact-sheets/update-united-states-continues-lead-global-response-covid-19 (accessed 26 May 2020)||
(i) April 2, USD1 billion in funding from the World Bank group dedicated towards the country's national health system; (ii) May 8, USD500 million in funding from the Asian Infrastructure and Investment Bank to support India's efforts against the COVID-19 pandemic, mainly by strengthening the country's national health system; (iii) May 14, USD1 billion in support from the World Bank to protect India's poorest sectors from the impacts of COVID-19; (iv) May 20, USD2 million in support from the United Nations Development Group from the UN COVID-19 Response & Recover fund; (v) USD5.9 million in health assistance to help slow down the spread of the pandemic, from the U.S. Agency for International Development (USAID); (vi) June 17, Asian Infrastructure Investment Bank (AIIB) has approved a USD750 million loan to India to assist the government to strengthen its response to the adverse impacts of the COVID-19 pandemic on millions of poor and vulnerable households; this is co-financed with the Asian Development Bank; (vii) June 30, USD750 million Micro, Small, and Medium Enterprises Response Program form the World Bank to support increased flow of finance into the hands of MSMEs severely impacted by the COVID-19 crisis.
|India||12||12 - Non-Economic Measures||INR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 10 June 2020).||
(i) March 21, A temporary ban for a week on international flights landing in the country for a week; (ii) March 26, Extended ban on all international flights till April 15th, excluding approved all-cargo operations and flights; (iii) March 5, Schools closed in some of the municipalities and states, including Delhi until the end of March, which was eventually expanded to all educational insttitutions in the country; (iv) March 12, Partial shutdowns was imposed on educational institutions, stadiums, cinema halls, and sports clubs and gathering of people were banned in some of the states, including Delhi; (v) March 24, The entire country was placed under lockdown for 21 days which, on April 14, was further extended to May 17; (vi) April 15, the government announced several relaxation measures in geographical areas designated as non-hotspot, with effect from April 20, 2020; (vii) May 30, the government issued ‘Unlock 1’ guidelines for a phased re-opening of most activities across the country and limiting the lockdown only to containment zones for a month until June 30. However, states have been empowered to prohibit certain activities if they deem it necessary.
|Maldives||04||04 - Equity support||MVR|
|Maldives||08||08 - International Assistance Received||MVR||4,939,607,034||321,401,400|
|Maldives||08A||08A - Swaps||MVR||2,305,344,828||150,000,000||Maldives Monetary Authority. http://www.mma.gov.mv/#/news/PR-MCS-2020-3(english).html (accessed 19 April 2020). The Edition. https://edition.mv/news/18854 (accessed 3 September 2020).||
April, Obtained a foreign currency swap facility amounting to USD150 million under the currency swap agreement signed between the MMA and the Reserve Bank of India (RBI). September 1, The duration of the currency swap agreement signed between Maldives and India was extended. Presently, Maldives has already received USD150 million under this agreement. In addition, MMA revealed that the Government of India would grant further financing up to USD250 million [update].
|Maldives||08B||08B - International loans/grants||MVR||2,634,262,206||171,401,400|
|Maldives||08B1||08B1 - Asian Development Bank||MVR||812,403,517||52,860,000||ADB||
(i) March 25, USD0.5 million under the COVID-19 Emergency Response; (ii) April 30, USD0.65 million is the estimated support under TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases. This increased to USD0.80 million as of June 18; (iii) May 20, USD0.17 million under the Support to address Outbreak of Coronavirus Disease 2019 and Strengthen Health Systems Preparedness for Communicable Diseases in South Asia project. As of July 18, This amounted to USD0.06 million; (iv) June 25, USD50 million under the COVID-19 Active Response and Expenditure Support Program; (vi) June 25, USD0.50 million under the Improved Implementation of the Government's COVID-19 Response Package; (vii) July 16, USD1 million under the COVID-19 Emergency Response from the Asia Pacific Disaster Response Fund-Government of Japan.
|Maldives||08B2||08B2 - Other||MVR||1,821,858,689||118,541,400||World Bank. https://www.worldbank.org/en/news/press-release/2020/04/02/world-bank-fast-tracks-73-million-covid-19-support-to-maldives (accessed 16 April 2020); IMF. https://www.imf.org/en/News/Articles/2020/04/22/pr20185-maldives-imf-executive-board-approves-disbursement-to-address-covid-19 (1 May 2020); Ministry of Foreign Affairs. https://www.foreign.gov.mv/index.php/en/mediacentre/news/5634-the-government-of-japan-extends-emergency-grant-to-the-maldives-through-unicef-and-the-maldives-red-crescent-in-the-fight-against-covid-19 (accessed 4 May 2020). US Agency for International Development (USAID). https://www.usaid.gov/news-information/coronavirus/fact-sheets/update-united-states-continues-lead-global-response-covid-19 (26 May 2020). Ministry of Foreign Affairs. https://foreign.gov.mv/index.php/en/mediacentre/news/5654-the-maldives-to-collaborate-with-japan-and-undp-in-covid-19-recovery (accessed 26 May 2020). Maldives Times. https://maldivestimes.com/japan-gives-a-grant-aid-of-mvr-68-7-million-to-the-maldives/ (accessed 26 May 2020); Islamic Development Bank (IsDB). https://www.isdb.org/covid-19-overview (26 May 2020); Embassy of the Maldives. http://maldivesembassy.be/en/the-embassy/about-the-embassy (accessed 9 June 2020); World Bank. https://www.worldbank.org/en/news/press-release/2020/06/09/world-bank-approves-128-million-to-support-workers-in-maldives (accessed 11 June 2020); European Investment Bank. https://www.eib.org/en/press/all/2020-149-teameurope-faster-post-covid-19-recovery-of-the-maldives-economy-with-eur20-million-loan-from-the-eib (accessed 18 June 2020); The Edition. https://edition.mv/news/17278 (accessed 18 June 2020). Asian Infrastructure Investment Bank (AIIB). https://www.aiib.org/en/projects/details/2020/approved/_download/Maldives/20200707-P000378-Maldives-COVID-19-Emergency-APD-Published.pdf (accessed 7 August 2020). AIIB. https://www.aiib.org/en/projects/details/2020/approved/Maldives-COVID-19-Emergency-Response-and-Health-Systems-Preparedness-Project.html (accessed 21 August 2020). OPEC Fund. https://opecfund.org/operations/list/public-sector-investment-program-psip-emergency-loan (accessed 28 August 2020).||
(i) April 2, The World Bank’s Board of Executive Directors approved a USD7.3 million Maldives COVID-19 Emergency Response and Health Systems Preparedness Project to help the country prevent, detect, and respond to the COVID-19 pandemic and strengthen its public health preparedness. In addition, a USD10 million contingency financing, under Disaster Risk Management Development Policy Financing with a Catastrophe Deferred Drawdown Option (CAT DDO), signed in 2019, has also been made available to support Maldives; (ii) April 15, The OPEC Fund approved USD20 million under the Public Sector Investment Program (PSIP) Emergency Loan [update]; (iii) April 22, The Executive Board of the International Monetary Fund approved the disbursement of SDR21.2 million (about USD28.9 million) to be drawn under the Rapid Credit Facility (RCF) to help cover balance of payments and fiscal needs, stemming from the COVID-19 pandemic; (iv) May 2, The Government of Japan provided an emergency grant of USD356,400 for UNICEF Maldives and USD185,000 for Maldives Red Crescent to assist the Government in its efforts to respond to COVID-19; (v) May 20, The United States through the US Agency for International Development will provide USD2 million under Economic Support Fund (ESF) as technical assistance to the government to develop effective economic, fiscal, monetary measures in response to the COVID-19 pandemic; (vi) May 21, The Government of Japan committed a grant of USD1.4 million to the UNDP Maldives that will support small and medium enterprises (SME’s) affected by COVID-19; (vii) The Islamic Development Bank (IsDB) provided USD20 million under the Emergency Response to COVID-19 Pandemic in Maldives that will strengthen the health system preparedness and response to COVID-19 pandemic by scaling-up one regional health facility capacity for case tracing and infection control and by improving the emergency health care quality, and will support in ensuring that at least 80% of confirmed COVID-19 cases admitted in project targeted ICU are treated as per the approved protocol, and will serve the targeted communities; (viii) June 7, The Government of Japan provides a grant aid of JPY600 million (worth USD5.6 million) to the Maldives. This grant aid will be utilized to procure medical equipment required to strengthen the capacities of health facilities in atolls/islands; (ix) June 9, The World Bank’s Board of Executive Directors approved a USD12.8 million COVID-19 Emergency Income Support Project to help Maldives mitigate the economic impact of the COVID-19 crisis on poor and vulnerable workers and their families; (x) June 15, The European Investment Bank (EIB) has signed a EUR20 million (approximately USD22.7 million) loan with the Ministry of Finance of the Republic of Maldives as a part of Team Europe action to help sustain the local economy, protect jobs and support SMEs operating in the tourism and industry sectors in the wake of the COVID-19 pandemic; (xi) June 30, Another USD7.3 million under the COVID-19 Emergency Response and Health Systems Preparedness Project (World Bank as the lead co-financier) is approved to be co-financed by the Asian Infrastructure Investment Bank (AIIB).
|Maldives||12||12 - Non-Economic Measures||MVR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 19 April 2020, 14 May 2020, 4 June 2020, 22 July 2020); The Edition. https://edition.mv/news/16934 (accessed 29 May 2020). The Edition. https://edition.mv/news/18190 (accessed 31 July 2020). The Edition. https://edition.mv/news/18275 (accessed 7 August 2020). The Edition. https://edition.mv/news/18890 (accessed 4 September 2020).||
(i) March 12, The government declared a Public Health Emergency. There are several adopted containment measures, including (a) temporary suspension of on-arrival visa for all passengers arriving to Maldives by air and sea, (b) quarantine for all passengers traveling to Maldives by air except for tourists checking-in to resorts, (c) screening at ports of entry, (d) restrictions on travel between resorts and inhabited islands, (e) ban on all cruise ships from entering and docking; requirement on all guest houses and city hotels operating in the Maldives to temporally suspend all tourist check-ins since March 17, and (f) school closures; (ii) April 15, The greater Malé region was placed on lockdown; (iii) May 13, The lockdown was extended to May 28 (third extension since its implementation); (iv) May 28: (a) The state of Public Health Emergency was extended until June 29; and (b) Phase one of lockdown easing started, with a relaxation in temporary permissions for leaving homes as well as allowing certain commercial businesses to open and operate; (v) Since July 1, the country is in phase three of the lockdown ease plan. This phase permits movement in the Greater Malé Region from 5am to 11pm, and only gatherings of less than 30 people are to be allowed in public spaces; (vi) International flights as well as tourism island resorts reopened; (vii) While guesthouses in inhabited islands are opened since July for locals/residents in COVID-19 free islands, guesthouses will be opened for tourists in August; (vii) July 30, Authorities mandated wearing face masks in public spaces of the capital city of Malé in response to a surge in COVID-19 cases in Maldives. Individuals in public spaces without masks would be fined by MVR1,000 starting from August 1; (viii) August 4, The Health Protection Agency (HPA) implemented a curfew over the Greater Malé Region; (ix) September 3, The Ministry of Education extended the closure of schools in the Greater Malé Region by an additional two weeks in connection to the surge of COVID-19 cases in the area [update].