|Economy||Measure Code||Measure||Currency Code||Amount (Local)||Amount (USD)||Source||Post Date||Details|
|Bangladesh||04||04 - Equity support||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||10||10 - No breakdown||BTN/INR|
|Brunei Darussalam||04||04 - Equity support||BND|
|Brunei Darussalam||10||10 - No breakdown||BND|
|Cambodia||04||04 - Equity support||KHR|
|Cambodia||10||10 - No breakdown||KHR||8,111,545,454,540||2,000,000,000||CNBC interview with the National Bank of Cambodia. https://www.msn.com/en-us/video/t/cambodian-lenders-have-ample-liquidity-to-last-until-end-2020-says-central-bank/vp-BB12xZ7R (accessed 14 April 2020); RGC. http://auschamcambodia.com/wp-content/uploads/2020/05/fourth-round-of-stimulus-measures.pdf (accessed 11 June 2020).||
(i) April, The government has put together a USD2 billion stimulus package for eventual loss of jobs of the factory workers. This measure is an attempt to revive the economy (See Measures 1, 5, and 6); (ii) May 26, The Ministry of Economy and Finance will prepare additional financing of USD300 million to support and act as a catalyst for promoting growth in key sectors during and after the crisis.
|European Central Bank||04||04 - Equity support||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||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||10||10 - No breakdown||INR|
|Indonesia||04||04 - Equity support||IDR|
|Indonesia||10||10 - No breakdown||IDR|
|Lao PDR||04||04 - Equity support||LAK|
|Lao PDR||10||10 - No breakdown||LAK||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 12 April 2020, 1 May 2020).||
No amount/estimate: (i) April, A proposed 13-measure economic stimulus package has been endorsed by the cabinet. Measures include establishing a separate task force to address the economic impact of COVID-19; and (ii) May, A new electricity tariff, to ensure supply of electricity, in effect from May 1, 2020 through December 31, 2025, has been approved. Extra efforts to ensure revenue collections through automated platforms and inspections targeting at stockpiling of essential goods are being considered.
|Malaysia||04||04 - Equity support||MYR||1,200,000,000||279,342,614||Ministry of Finance. https://penjana.treasury.gov.my/pdf/PENJANA-Booklet-En-v3.pdf (accessed 26 June 2020).||
June 5 in Short-term National Economic Recovery Plan or PENJANA, An investment fund, amounting to MYR1.2 billion, will be established, which will match institutional private capital investment with selected venture capital and early stage tech fund managers.
|Malaysia||10||10 - No breakdown||MYR||38,047,700,000||8,856,953,303||Prime Minister's Office of Malaysia. https://www.pmo.gov.my/wp-content/uploads/2020/04/Booklet-PRIHATIN-EN.pdf (accessed 19 April 2020); Prime Minister's Office of Malaysia. https://www.pmo.gov.my/2020/06/key-initiatives-of-pm-muhyiddin-in-100-days/ (accessed 9 June 2020); Ministry of Finance. https://penjana.treasury.gov.my/pdf/PENJANA-Booklet-En-v3.pdf (accessed 26 June 2020).||
(i) March 27, Part of PRIHATIN, amounting to MYR250 billion, will provide immediate assistance to ease the burden of all segments of the rakyat and ensures that no one is left behind. The stimulus package outlines three objectives: (a) protecting rakyat, (b) supporting businesses, and (c) strengthening economy; (ii) June 5, Part of Short-term National Economic Recovery Plan, also referred to as PENJANA, worth MYR35 billion to empower the people, propel businesses and stimulate the economy.
|Maldives||04||04 - Equity support||MVR|
|Maldives||10||10 - No breakdown||MVR|
|Myanmar||04||04 - Equity support||MMK|
|Myanmar||10||10 - No breakdown||MMK|
|Nepal||04||04 - Equity support||NPR|
|Nepal||10||10 - No breakdown||NPR|
|Philippines||04||04 - Equity support||PHP|
|Philippines||10||10 - No breakdown||PHP||145,000,000,000||2,848,521,519||BusinessWorld. https://www.bworldonline.com/govt-unveils-covid-19-recovery-plan/ (accessed 15 May 2020). DOF. https://www.dof.gov.ph/report-on-covid-19-socioeconomic-response/(accessed 21 May 2020). BusinessWorld. https://www.bworldonline.com/dof-says-stimulus-package-amc-bills-urgently-needed/ (accessed 22 May 2020). BusinessWorld. https://www.bworldonline.com/house-approves-p1-3-trillion-stimulus-bill-on-3rd-reading/ (accessed 5 June 2020). The Philippine Star. https://www.philstar.com/headlines/2020/08/21/2036807/bayanihan-2-ratified (accessed 21 August 2020).||
(i) May 14, Finance Secretary Carlos Dominguez announced an additional PHP130-160 billion fiscal stimulus package under the first of 3 parts of the Bayanihan II recovery plan. PHP50 billion will be used as additional capital for state-owned banks Land Bank of the Philippines and Development Bank of the Philippines and another P20 billion for loans of the Philippine Guarantee Corp. As of May 22, the Finance Department backed the expanded PHP568 billion fiscal stimulus bill (PESA) approved at the House Committee level on May 19. On June 4, the PHP1.3 trillion Accelerated Recovery and Investments Stimulus Bill (ARISE) was passed on third and final reading by the House of Representatives in lieu of PESA. On August 20, a PHP165 billion measure was approved by both Houses of Congress composed of PHP140 billion in additional expenditures plus PHP25 billion in standby appropriations which includes PHP10 billion for the procurement of COVID-19 vaccines. (ii) May 19, Sec. Dominguez stated that an estimated PHP42 billion pesos will be released from the reduction in corporate income tax rate from 30% to 25% in the second half of 2020 as part of the corporate tax and incentives reform bill under the second part of the recovery plan.
|Singapore||04||04 - Equity support||SGD||5,300,000,000||3,741,616,661||Reuters. https://www.reuters.com/article/us-health-coronavirus-singapore-air-tema/singapore-airlines-obtains-13-billion-rescue-package-amid-coronavirus-shock-idUSKBN21D3AE (accessed 9 June 2020).||
March 27, SGD19 billion rescue package for SIA consisting of SGD5.3 billion in equity, up to SGD9.7 billion convertible note portions of SIA's fundraising underwritten by state-investor Temasek Holdings, and a SGD4 billion bridge loan facility from DBS (amounts for the latter two lending measures have been reflected in Measures 3A and 1A, respectively).
|Singapore||10||10 - No breakdown||SGD|
|Sri Lanka||04||04 - Equity support||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).
|Thailand||04||04 - Equity support||THB|
|Thailand||10||10 - No breakdown||THB|
|Timor-Leste||04||04 - Equity support||USD|
|Timor-Leste||10||10 - No breakdown||USD||100,000,000||100,000,000||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 27 April 2020).||
(i) This amount is part of the USD250 million transferred from the Petroleum Fund (See Health of Measure 5); (ii) As part of the package, the authorities revealed its intention to have a credit program, such as reduced interest rates, credit guarantees for importers of essential goods, and emergency loans, to avoid bankruptcies, keep businesses open, and support households resolve their financial difficulties.
|Viet Nam||04||04 - Equity support||VND|
|Viet Nam||10||10 - No breakdown||VND|
|Bangladesh||04||04 - Equity support||BDT|
|Bangladesh||10||10 - No breakdown||BDT||142,535,000,000||1,677,869,335||Asian Development Bank. https://www.adb.org/news/adb-president-bangladesh-finance-minister-discuss-support-covid-19-response (accessed 21 April 2020).||
Stimulus package for widening social safety net coverage, salary support to workers at export-oriented industries, low-interest loans to affected industries and farmers, and increasing monetary supply.
|Bhutan||04||04 - Equity support||BTN/INR|
|Bhutan||10||10 - No breakdown||BTN/INR|