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

(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 10 10 - No breakdown EUR Politico. https://www.politico.eu/article/kurz-cautious-on-commissions-750b-recovery-blueprint-coronavirus-covid19-mff-budget/ (accessed 28 May 2020).

EU Commission put forth a proposal to create a EUR750 billion fund — called Next Generation EU. About EUR500 billion would be disbursed as grants to those member countries most in need as a result of the crisis, while the remaining EUR250 billion would be available as credits .

Hong Kong, China 04 04 - Equity support HKD 19,500,000,000 2,511,236,172 News.gov.hk. https://www.news.gov.hk/eng/2020/06/20200609/20200609_161908_002.html?type=category&name=covid19 (accessed 11 June 2020).

June 9, HKG27.3 billion investment in Cathay Pacific Airways via government-owned Aviation 2020, comprising preference shares with detachable warrants of HKG19.5 billion and a bridging loan of HKG7.8 billion. [update]

Hong Kong, China 10 10 - No breakdown HKD 114,000,000,000 14,681,073,006 HKMA. https://www.hkma.gov.hk/eng/key-functions/banking/banking-regulatory-and-supervisory-regime/riding-out-the-covid-19-challenge/ (accessed 12 May 2020).

The HKMA provided: (i) HKD93 billion worth of payment extensions to corporate customers through (a) repayment period extension for the transportation sector; (b) trade financing lines converted into temporary overdraft facilities; (c) accounts receivables loans offered to retail sector; (d) pre-approved principal payment holiday scheme covering 80% of corporate borrowers; and (e) special 100% loan guarantee fund; and (ii) HKD 21 billion worth of relief measures for individual customers through (a) principal repayment holidays for residential mortgages; (b) relief loans offered to employees of affected sectors; (c) extension of loan tenor for personal lending; and (d) reduction of credit card charges.

Mongolia 04 04 - Equity support MNT
Mongolia 10 10 - No breakdown MNT
People's Republic of China 04 04 - Equity support CNY
People's Republic of China 10 10 - No breakdown CNY IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 1 May 2020).
Republic of Korea 04 04 - Equity support KRW 10,700,000,000,000 8,769,870,985 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 11 May 2020). OECD. http://www.oecd.org/coronavirus/en/ (accessed 11 May 2020).

March 24, The government announced the creation of a stock market stabilisation fund (KRW10.7 trillion).

Republic of Korea 10 10 - No breakdown KRW 40,000,000,000,000 32,784,564,431 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 1 May 2020).

April 22, President Moon announced a key industry stabilization fund would be established for KRW40 trillion (2.1 percent of GDP) and operated by Korea Development Bank to support seven key industries (airlines, shipping, shipbuilding, autos, general machinery, electric power, and communications) through loans, payment guarantees, and investments.

Taipei,China 04 04 - Equity support TWD
Taipei,China 10 10 - No breakdown TWD 840,000,000,000 27,878,727,535 EY. https://www.ey.com/en_gl/tax/how-covid-19-is-causing-governments-to-adopt-economic-stimulus--; News article. https://bit.ly/35Nzf9x (both accessed 8 May 2020).

No amount/estimate: (i) April, The authorities released several nontax measures to support business enterprises, including interest subsidies, loan guarantees, technology upgrade assistance including cash grant, employee education subsidy or free training courses on smart machinery and digital transformation, and others; (ii) April 2, The Cabinet passed an NTD1.05 trillion (USD34.7 billion) emergency economic relief package to minimize the impact of COVID-19 on the economy, which includes TWD210 billion for health and non-health spending (see Measure 5).

European Central Bank 04 04 - Equity support EUR
European Central Bank 10 10 - No breakdown EUR
European Union 04 04 - Equity support EUR 375,000,000 414,823,009 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).

(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 [update].

European Union 10 10 - No breakdown EUR
Hong Kong, China 04 04 - Equity support HKD
Hong Kong, China 10 10 - No breakdown HKD 114,000,000,000 14,681,073,006 HKMA. https://www.hkma.gov.hk/eng/key-functions/banking/banking-regulatory-and-supervisory-regime/riding-out-the-covid-19-challenge/ (accessed 12 May 2020).

The HKMA: (i) HKD93 billion worth of payment extensions to corporate customers through (a) repayment period extension for the transportation sector; (b) trade financing lines converted into temporary overdraft facilities; (c) accounts receivables loans offered to retail sector; (d) pre-approved principal payment holiday scheme covering 80% of corporate borrowers; and (e) special 100% loan guarantee fund; and (ii) HKD 21 billion worth of relief measures for individual customers through (a) principal repayment holidays for residential mortgages; (b) relief loans offered to employees of affected sectors; (c) extension of loan tenor for personal lending; and (d) reduction of credit card charges.

Mongolia 04 04 - Equity support MNT
Mongolia 10 10 - No breakdown MNT
People's Republic of China 04 04 - Equity support CNY
People's Republic of China 10 10 - No breakdown CNY
Republic of Korea 04 04 - Equity support KRW 10,700,000,000,000 8,769,870,985 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 11 May 2020). OECD. http://www.oecd.org/coronavirus/en/ (accessed 11 May 2020).

March 24, The government announced the creation of a stock market stabilisation fund (KRW10.7 trillion).

Republic of Korea 10 10 - No breakdown KRW 40,000,000,000,000 32,784,564,431 WTO. https://www.wto.org/english/tratop_e/covid19_e/trade_related_goods_measure_e.htm (accessed 1 May 2020).

April 22, President Moon announced a key industry stabilization fund would be established for KRW40 trillion (2.1 percent of GDP) and operated by Korea Development Bank to support seven key industries (airlines, shipping, shipbuilding, autos, general machinery, electric power, and communications) through loans, payment guarantees, and investments.

Taipei,China 04 04 - Equity support TWD
Taipei,China 10 10 - No breakdown TWD 840,000,000,000 27,878,727,535 Reuters. https://reut.rs/34RuU4H (accessed 17 April 2020); EY. https://www.ey.com/en_gl/tax/how-covid-19-is-causing-governments-to-adopt-economic-stimulus--; https://bit.ly/35Nzf9x (both accessed 8 May 2020).

April: (i) Another USD1.33 billion (TWD40 billion) is available to stimulate Taipei,China's economy on top of the previous USD2 billion package that includes money from the Employment Stabilisation Fund and the Tourism Development Fund; (ii) The authorities released several nontax measures to support business enterprises, including interest subsidies, loan guarantees, technology upgrade assistance including cash grant, employee education subsidy or free training courses on smart machinery and digital transformation, and others; (iii) April 2, the authorities passed an NTD1.05 trillion (USD34.7 billion) emergency economic relief package to minimize the impact of COVID-19 on the economy, which includes TWD210 billion for health and non-health spending (see Measure 5) [update].

European Central Bank 04 04 - Equity support EUR
European Central Bank 10 10 - No breakdown EUR
European Union 04 04 - Equity support EUR 300,000,000 331,858,407 Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 20 April 2020).

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).

European Union 10 10 - No breakdown EUR
Hong Kong, China 04 04 - Equity support HKD
Hong Kong, China 10 10 - No breakdown HKD 114,000,000,000 14,681,073,006 HKMA. https://www.hkma.gov.hk/eng/key-functions/banking/banking-regulatory-and-supervisory-regime/riding-out-the-covid-19-challenge/ (accessed 12 May 2020).

The HKMA: (i) HKD93 billion worth of payment extensions to corporate customers through (a) repayment period extension for the transportation sector; (b) trade financing lines converted into temporary overdraft facilities; (c) accounts receivables loans offered to retail sector; (d) pre-approved principal payment holiday scheme covering 80% of corporate borrowers; and (e) special 100% loan guarantee fund; and (ii) HKD 21 billion worth of relief measures for individual customers through (a) principal repayment holidays for residential mortgages; (b) relief loans offered to employees of affected sectors; (c) extension of loan tenor for personal lending; and (d) reduction of credit card charges.

Mongolia 04 04 - Equity support MNT
Mongolia 10 10 - No breakdown MNT
People's Republic of China 04 04 - Equity support CNY
People's Republic of China 10 10 - No breakdown CNY
Republic of Korea 04 04 - Equity support KRW 10,700,000,000,000 8,769,870,985 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 1 May 2020). OECD. http://www.oecd.org/coronavirus/en/ (accessed 1 May 2020).

March 24, The government announced the creation of a stock market stabilisation fund (KRW10.7 trillion).

Republic of Korea 10 10 - No breakdown KRW
Taipei,China 04 04 - Equity support TWD
Taipei,China 10 10 - No breakdown TWD 40,073,565,000 1,330,000,000 Reuters. https://reut.rs/34RuU4H (accessed 17 April 2020).

April: (i) Another USD1.33 billion (TWD40 billion) is available to stimulate Taipei,China's economy on top of the previous USD2 billion package that includes money from the Employment Stabilisation Fund and the Tourism Development Fund.