Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
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 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
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).

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 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).

(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 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
Maldives 04 04 - Equity support MVR
Maldives 08 08 - International Assistance Received MVR 3,686,575,275 239,871,400
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).

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).

Maldives 08B 08B - International loans/grants MVR 1,381,230,448 89,871,400
Maldives 08B1 08B1 - Asian Development Bank MVR 20,440,724 1,330,000 ADB

(i) March 25, USD0.5 million under the COVID-19 Emergency Response; (ii) April 30, USD0.65 million is the estimated support under the TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases; and (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; and (iv) June 1, USD0.01 million under Evidence-Based and Strategic Country Knowledge Support (Additional Financing) [update].

Maldives 08B2 08B2 - Other MVR 1,360,789,723 88,541,400 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).

(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 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; (iii) 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; (iv) 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; (v) 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; (vi) 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; (vii) 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 [update]; and (viii) 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 [update].

European Central Bank 04 04 - Equity support EUR
European Central Bank 08 08 - International Assistance Received EUR 129,913,840,000 143,710,000,000
European Central Bank 08A 08A - Swaps EUR 129,913,840,000 143,710,000,000 New York FED.https://apps.newyorkfed.org/markets/autorates/fxswap (accessed 18 May 2020)

Peak amount outstanding with the US Fed: USD143.710 billion as of May 8.

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