Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Afghanistan 04 04 - Equity support AFN
Afghanistan 10 10 - No breakdown AFN
Arab Republic of Egypt 04 04 - Equity support EGP 20,000,000,000 1,272,671,633 OECD. https://www.oecd.org/coronavirus/en/ (accessed 7 May 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 7 May 2020).

EGP20 billion stock-purchase program has been launched by the Central Bank.

Arab Republic of Egypt 10 10 - No breakdown EGP
Argentina 04 04 - Equity support ARS
Argentina 10 10 - No breakdown ARS 135,620,000,000 2,161,274,900 Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 27 April 2020).

(i) Created the Provincial Financial Emergency Program, which allocates ARS120 billion to provincial administrations from the National Treasury Contribution Fund and the Fund Trustee for Provincial Development aimed at sustaining provincial finances and meet the needs caused by the COVID-19 pandemic; (ii) 12 June 2020, ARS120 million to create Trust Fund for Provincial Development, which provides financial assistance for the provinces; (iii) 16 June 2020, ARS13.6 billion, included the provinces of Córdoba, Santa Fe, Misiones and Santa Cruz in the Provincial Financial Emergency Program.

Armenia 04 04 - Equity support AMD
Armenia 10 10 - No breakdown AMD 245,000,000,000 501,013,646 UNESCAP. https://www.unescap.org/sites/default/files/Armenia_COVID%20Country%20profile%20041120.pdf (accessed 5 December 2020)

(i) Government assistance package with a headline amount of at least AMD300 billion to mitigate the socio-economic issues related to the pandemic, although this includes a variety of direct spending, state-sponsored loans and increased investment. The key measures include (a) direct labor subsidies to micro enterprises and SMEs that retain their employees and maintain their wage; (b) strategic support to innovative companies, although the details of this last element are not yet final; (ii) 27 March 2020, For Armenia-registered economic entities or individual entrepreneurs with competitive business ideas, 75% of financial resources are provided as interest-free loans with a maturity of eight years and the other 25% are provided as grants.

Australia 04 04 - Equity support AUD
Australia 10 10 - No breakdown AUD
Austria 04 04 - Equity support EUR
Austria 10 10 - No breakdown EUR
Azerbaijan 04 04 - Equity support AZN
Azerbaijan 10 10 - No breakdown AZN 1,000,000,000 588,235,294 Caspian News. https://caspiannews.com/news-detail/azerbaijan-takes-measures-to-mitigate-covid-19-impact-on-economy-social-life-2020-4-6-1/ (accessed 15 April 2020).

March 2020, AZN1 billion is part of the announced support amounting to AZN2.5 billion to reduce the negative impact of COVID-19 outbreak on the national economy, the entrepreneurship and banking sectors, as well as for strengthening the social protection of the people.

Bangladesh 04 04 - Equity support BDT
Bangladesh 10 10 - No breakdown BDT
Belgium 04 04 - Equity support EUR 3,000,000 3,318,584 European Commission. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1507 (accessed 27 August 2020).

(i) 21 August 2020, European Commission approved the EUR3 million equity injection by the Government to SN Airholding and its sole subsidiary, Brussels Airlines in the context of the coronavirus outbreak.

Belgium 10 10 - No breakdown EUR
Bhutan 04 04 - Equity support BTN/INR
Bhutan 10 10 - No breakdown BTN/INR
Brazil 04 04 - Equity support BRL
Brazil 10 10 - No breakdown BRL
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 2020, 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) 26 May 2020, 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.

Canada 04 04 - Equity support CAD 537,000,000 384,877,262 Department of Finance Canada. https://www.canada.ca/en/department-finance/economic-response-plan.html (accessed 10 June 2020).

(i) CAD287 million to support rural businesses and communities by providing them with much-needed access to capital through the Community Futures Network; (ii) CAD250 million to assist innovative, early-stage companies that are unable to access other COVID-19 business supports through the Industrial Research Assistance Program (IRAP).

Canada 10 10 - No breakdown CAD
Cook Islands 04 04 - Equity support NZD
Cook Islands 10 10 - No breakdown NZD
Denmark 04 04 - Equity support DKK 18,777,889,398 2,780,044,946 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 8 July 2020). European Commission. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1488 (accessed 22 July 2020)

(i) 18 April 2020, DKK3.5 billion in loans and equity provided to entrepreneurs and venture firms. The state investment fund (Vaekstfonden) will provide risky capital to start-ups and venture firm, facing difficulties in financing as private investors withdraw from the market. Available in 2020 only; (ii) 15 June 2020, DKK10 billion from a new government-backed fund to act as an investor of last resort with the possibility of recapitalizing large and important firms at risk of bankruptcy; (iii) Together with Sweden, planned recapitalization of SAS (a Dutch airline) through an equity injection. On 17 August 2020, the European Commission (EC) approved this measure. Denmark is expected to provide approximately EUR583 million of the recapitalization funds; (iv) 20 November 2020, EUR1.34 billion approved by the EC as capital support to large companies affected by coronavirus outbreak.

Denmark 10 10 - No breakdown DKK 9,500,000,000 1,406,464,083 Denmark government. https://em.dk/nyhedsarkiv/2021/februar/ny-milliardaftale-loefter-hjaelp-til-selvstaendige-og-forlaenger-hjaelpepakker/ (accessed 11 February 2021)

9 February 2021, The government passed a new DKK9.5 billion package including the following measures: (a) support to self-employed individuals through sickness and unemployment benefits, (b) support to companies for their fixed costs, (c) loan and travel guarantee schemes, and (d) funding for cultural activities. Some measures with amounts are enumerated in item (x) of Measure 5B4. [update]

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).

22 May 2020, 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) 8 April 2020, 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) 24 April 2020, EIB also approved an equity investment worth EUR75 million for the German company Curevac, through the EIB's Infectious Disease Financing Facility; (iii) 8 June 2020, EUR174 million equity investments from the European Innovation Council (EIC) Accelerator Pilot funding to innovative startups and SMEs; (iv) June 2020, 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 mobilize 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.

European Union 10 10 - No breakdown EUR 367,500,000,000 406,526,548,673 European Council. https://www.consilium.europa.eu/en/meetings/european-council/2020/07/17-21/ (accessed 20 January 2021). EC. https://ec.europa.eu/info/sites/info/files/about_the_european_commission/eu_budget/eafrd_-_ngeu.pdf (accessed 20 February 2021).

21 July 2020, The NextGenerationEU package of EUR750 billion was jointly agreed with the EU budget for 2021-2027 (amounting to EUR1074.3 billion). It is a specific recovery package designed to deal with the effects of COVID-19, and is additional to the EU budget (For details, see: http://bit.ly/38ZNFqp). Ot the total, EUR360 billion refer to loans and its next funds include: Recovery and Resilience Facility (RRF) - the main instrument of the package and will be used by each of the member states (for details, see http://bit.ly/38XbzCK), REACT-EU; Horizon Europe, InvestEU, Rural Development, Just Transition Fund (JTF), and RescEU (See infographics with amounts per fund: http://bit.ly/3qC3mKh). Allocation between countries has been approved for the following funds: (a) EUR312.5 billion for RRF: 70% under the grants of the Recovery and Resilience Facility will be committed in 2021 and 2022 and 30% will be committed in 2023. The first part has already been allocated based on living standards, size and unemployment levels: (https://bit.ly/38YWlx0); (b) EUR37.5 billion for REACT-EU (https://bit.ly/35XTKBD); and (c) EUR10 billion for Just Transition Fund (https://bit.ly/3p0JzDL). Other funds are yet to be allocated and some funds will include programs directly managed by the EC. 8 February 2021, allocation per country of the EUR7.5 billion for the Rural Development agricultural fund has been approved [update].

Federated States of Micronesia 04 04 - Equity support USD
Federated States of Micronesia 10 10 - No breakdown USD
Fiji 04 04 - Equity support FJD
Fiji 10 10 - No breakdown FJD
Finland 04 04 - Equity support EUR 710,500,000 785,951,327 MEE. https://tem.fi/artikkeli/-/asset_publisher/ensimmaiset-valtionavustukset-kunnille-yksinyrittajien-tukemiseksi (accessed 3 May 2020); https://vm.fi/en/article/-/asset_publisher/10616/hallitus-paatti-vuoden-2020-neljannesta-lisatalousarvioesityksesta (accessed 9 June 2020); European Sting. https://europeansting.com/2020/06/10/state-aid-commission-approves-e286-million-finnish-measure-to-recapitalise-finnair/ (accessed 15 June 2020); Ministry of Economic Affairs and Employment of Finland. https://tem.fi/artikkeli/-/asset_publisher/nordfuel-oy-n-haapaveden-biojalostamohankkeelle-24-5-miljoonaa-euroa-uusiutuvan-energian-suurten-demohankkeiden-investointitukea (accessed 19 June 2020).

(i) 6 June 2020, Further capital funding of EUR250 million is proposed for Tesi (Finnish Industry Investment Ltd), to increase equity financing for companies ; (ii) 6 June 2020, Capital funding of EUR 150 million is proposed for strengthening the balance sheet of Finnish Minerals Group; (iii) 10 June 2020, The EU Commission approved Finland's plans to contribute to the recapitalisation of Finnair, amounting to EUR286 million through the subscription of new shares by the State in the rights issue launched by Finnair on 10 June 2020 in the context of the coronavirus outbreak; (iv) 15 June 2020, EUR24.5 million of investment support for NordFuel Oy's Haapevesi biorefinery project for large renewable energy demo projects.

Finland 10 10 - No breakdown EUR