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