Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Bangladesh 04 04 - Equity support BDT
Bangladesh 09 09 - International Assistance Provided BDT
Bangladesh 09A 09A - Swaps BDT
Bangladesh 09B 09B - International loans/grants BDT
Bangladesh 10 10 - No breakdown BDT Asian Development Bank. https://www.adb.org/news/adb-president-bangladesh-finance-minister-discuss-support-covid-19-response (accessed 21 April 2020). The Financial Express. https://thefinancialexpress.com.bd/economy/covid-19-govt-so-far-announces-1190b-stimulus-packages-1590759538 (accessed 26 June 2020).
Bhutan 04 04 - Equity support BTN/INR
Bhutan 09 09 - International Assistance Provided BTN/INR
Bhutan 09A 09A - Swaps BTN/INR
Bhutan 09B 09B - International loans/grants BTN/INR
Bhutan 10 10 - No breakdown BTN/INR
European Central Bank 04 04 - Equity support EUR
European Central Bank 09 09 - International Assistance Provided EUR 29,800,000,000 32,964,601,770
European Central Bank 09A 09A - Swaps EUR 29,800,000,000 32,964,601,770 ECB. https://www.ecb.europa.eu/home/search/html/index.en.html?q=+swap+lines (18 May 2020); ECB. https://www.ecb.europa.eu/press/pr/date/2020/html/ecb.pr200625~60373986e5.en.html (accessed 9 July 2020); ECB. https://www.ecb.europa.eu/press/pr/date/2020/html/ecb.pr200717_1~f143ca1c56.en.html (accessed 23 July 2020); ECB. https://www.ecb.europa.eu/press/pr/date/2020/html/ecb.pr200818~6f97d2eefb.en.html (accessed 27 August 2020); ECB. https://www.ecb.europa.eu/press/pr/date/2020/html/ecb.pr200828~412bf7c3fd.en.html (accessed 3 September 2020).

(i) March 20, ECB and Danmarks Nationalbank reactivate swap line EUR24 billion (increased EUR12 billion) to remain in place for as long as needed; (ii) April 15, ECB and Bulgarian National Bank set up new swap line of EUR2 billion to remain in place until end-2020, or as long as needed; (iii) April 22, ECB and Hrvatska narodna banka set up new swap line of EUR2 billion until end-2020, or as long as needed; (iv) No amount/estimate: June 25, Launched a new Eurosystem repurchase (EUREP) facility to provide euro liquidity to non-euro area central banks. The European Central Bank introduced this facility as a precautionary backstop to address pandemic-related euro liquidity needs outside of the euro area. EUREP will allow a broad set of central banks to borrow euros against euro-denominated debt issued by euro area central governments and supranational institutions. EUREP will be available until June 2021. July 17, ECB and Bank of Albania set up a EUR400 million repo line to provide euro liquidity. July 17, ECB and National Bank of Serbia set up a EUR1 billion repo line to provide euro liquidity; (v) August 18, ECB and National Bank of the Republic of North Macedonia set up repo line to remain in place until June 2021 with a size of EUR400 million [update]; (vi) 28 August, ECB and the Hrvatska narodna banka (Croatian National Bank, HNB) as well as the Banca Naţională a României (National Bank of Romania, BNR) have agreed to extend the respective euro liquidity lines by six months until the end of June 2021 [update].

European Central Bank 09B 09B - International loans/grants EUR
European Central Bank 10 10 - No breakdown EUR ECB. https://www.ecb.europa.eu/press/accounts/2020/html/ecb.mg200522~f0355619ae.en.html (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 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 09 09 - International Assistance Provided EUR 478,919,700,000 529,778,429,204
European Union 09A 09A - Swaps EUR
European Union 09B 09B - International loans/grants EUR 478,919,700,000 529,778,429,204 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/2020-164-coronavirus-global-response-eib-and-commission-pledge-additional-eur4-9-billion (accessed 14 July 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/IP_20_1344 (accessed 18 July 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1374 (accessed 23 July 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1343 (accessed 23 July 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1403 (accessed 27 July 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1457 (accessed 15 August 2020); EIB. https://www.eib.org/en/press/all/2020-218-eib-and-afreximbank-direct-eur-300m-of-support-to-african-covid-response (accessed 19 August 2020); European Parliament. https://www.europarl.europa.eu/RegData/etudes/BRIE/2019/637893/EPRS_BRI(2019)637893_EN.pdf (accessed 5 September 2020).

For EU Member States: (i) 9 April, EU finance ministers decided to establish Pandemic Crisis Support credit lines within the framework of the European Stability Mechanism (ESM). Access granted will be 2% of the respective country's GDP as of end-2019, as a benchmark (about EUR 240 billion in total). The credit line will be available until the COVID-19 crisis is over. The only requirement to access the credit line is that euro area Member States requesting support would commit to use this credit line to finance direct and indirect healthcare, cure and prevention related costs due to the COVID 19 crisis. On May 15, the Board of Governors of the ESM approved the establishment of Pandemic Crisis Support; (ii) No amount/estimate: European Green Deal investments will remain a priority as part of the EU's efforts to kickstart its economy post-crisis. One of the three sources 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. For investments in, for instance, district heating networks and renovation of buildings; (iii) 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). On August 24, the European Commission has presented proposals to the Council for decisions to grant financial support of EUR81.4 billion to 15 Member States under the SURE instrument. Once the Council approves these proposals, the financial support will be provided in the form of loans granted on favourable terms from the EU to Member States. These loans will assist Member States in addressing sudden increases in public expenditure to preserve employment. Specifically, they will help Member States to cover the costs directly related to the financing of national short-time work schemes, and other similar measures they have put in place as a response to the coronavirus pandemic, in particular for the self-employed [update]; (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. For Non-EU Member States (i) July, The EU will secure financial support to partner countries amounting to more than EUR15.9 billion (increased from EUR15.6) from existing external action resources; April 4, (ii) The European Investment Bank announced details of a comprehensive response to the coronavirus pandemic outside the EU that will provide up to EUR6.7 billion in the coming months. This financing is part of the Team Europe response and supported by guarantees from the EU budget. It will both strengthen urgent health investment and accelerate long-standing support for private sector investment that reflects financing needs in more than 100 countries around the world. August 5, EIB is directing EUR 300m of financing to support the resilience and recovery of African nations in response to the COVID-19 pandemic; (iii) March 31, Added a new package of almost EUR240 million to the EU Regional Trust Fund in Response to the Syrian Crisis; (iv) July 16, EUR15 million humanitarian funding for Haiti; (v) July 29, The European Commission (EC) is providing EUR64.7 million in humanitarian aid for countries in the southern Africa region to help support people in need dealing with the coronavirus pandemic, extreme weather conditions such as persistent drought in the region and other crises; (vi) 11 August, EUR3 billion macro-financial assistance (MFA) programmes for ten enlargement and neighbourhood partners (Albania, Bosnia and Herzegovina, Georgia, Jordan, Kosovo, Moldova, Montenegro, North Macedonia, Tunisia and Ukraine), aimed to help them limit the economic fallout of the coronavirus pandemic. The MFA funds will be made available for 12 months in the form of loans on highly favourable terms to help these countries cover their immediate, urgent financing needs; (vii) June, EUR1 billion for the European Fund for Sustainable Development (EFSD) which is one of the EU financial instruments that promote a pro-active development aid policy. It is part of the complex European external investment plan to support investments primarily in the EU neighbourhood and Africa [update].

European Union 10 10 - No breakdown EUR EC. https://ec.europa.eu/info/live-work-travel-eu/health/coronavirus-response/recovery-plan-europe_en; EC. https://www.consilium.europa.eu/media/45109/210720-euco-final-conclusions-en.pdf; EC. https://www.consilium.europa.eu/en/policies/eu-recovery-plan/; EC. https://ec.europa.eu/info/live-work-travel-eu/health/coronavirus-response/recovery-plan-europe_en (accessed 27 July 2020)

July 21, Approval of the Next Generation EU recovery fund which will provide the Union with the necessary means to address the challenges posed by the COVID-19 pandemic. Under the agreement the European Commission will be able to borrow up to EUR750 billion on the markets. Capital raised on the financial markets will be repaid by 2058. The funds will go to areas where they can make the greatest difference, complementing and amplifying the essential work under way in the Member States. The investments will be channeled via a variety of instruments under three pillars, such as: (a) Supporting member states to recover, repair and emerge stronger from the crisis; (b) Kick-starting the economy and helping private investment; and (c) Learning the lessons of the crisis and addressing Europe’s strategic challenges. The plan ensures the money goes to the countries and sectors most affected by the crisis: 70% under the grants of the Recovery and Resilience Facility (RRF) will be committed in 2021 and 2022 and 30% will be committed in 2023. Allocations from the RRF in 2021-2022 will be established according to the Commission’s allocation criteria taking into account member states' respective living standards, size and unemployment levels. Details of the specific instruments under this fund can be found in these links: https://bit.ly/3faBQgG, https://bit.ly/3gbqRVB, and https://bit.ly/39FzbL8 .

India 04 04 - Equity support INR
India 09 09 - International Assistance Provided INR 40,873,907,105 550,000,000
India 09A 09A - Swaps INR 40,873,907,105 550,000,000 The Edition. https://edition.mv/news/18854 (accessed 3 September 2020). Economic Times. https://economictimes.indiatimes.com/news/economy/finance/rbi-signs-documents-to-extend-400mn-currency-swap-facility-to-sri-lanka-indian-mission/articleshow/77166348.cms (accessed 27 July 2020). IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 5 May 2020).

(i) April 15, A request was made by Sri Lanka to enter into a Bilateral Currency Swap Agreement with the Reserve Bank of India for USD400 million. As of July 25, the Reserve Bank of India (RBI) has signed the documents formally extending the facility to Sri Lanka; (ii) April, RBI entered into a swap currency agreement with the facility with the Maldives Monetary Authority amounting to USD150 million. On 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].

India 09B 09B - International loans/grants INR
India 10 10 - No breakdown INR
Maldives 04 04 - Equity support MVR
Maldives 09 09 - International Assistance Provided MVR
Maldives 09A 09A - Swaps MVR
Maldives 09B 09B - International loans/grants MVR
Maldives 10 10 - No breakdown MVR
Nepal 04 04 - Equity support NPR
Nepal 09 09 - International Assistance Provided NPR
Nepal 09A 09A - Swaps NPR 0
Nepal 09B 09B - International loans/grants NPR
Nepal 10 10 - No breakdown NPR
Sri Lanka 04 04 - Equity support LKR
Sri Lanka 09 09 - International Assistance Provided LKR
Sri Lanka 09A 09A - Swaps LKR
Sri Lanka 09B 09B - International loans/grants LKR
Sri Lanka 10 10 - No breakdown LKR CBSL. https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/bsd_circular_no_5_of_2020_e1_1.pdf (accessed 26 June 2020).

March 27, The CBSL has decided to set up a LKR50 billion Re-financing Facility in order to implement the decisions taken by the Cabinet of Ministers on 20 March to introduce a wide range of fiscal and financial concessions for COVID-19 hit business activities including self-employment businesses and individuals. Among these concessions are debt moratorium (capital and interest) and a working capital loan at the interest rate of 4% per annum for eligible customers to be repaid in 2 years (Amount included in Measure 2A).

Bangladesh 04 04 - Equity support BDT
Bangladesh 09 09 - International Assistance Provided BDT