|Economy||Measure Code||Measure||Currency Code||Amount (Local)||Amount (USD)||Source||Post Date||Details|
|European Central Bank||05||05 - Health and income support||EUR|
|European Central Bank||05A||05A - Health support||EUR|
|European Central Bank||05B||05B - Income support||EUR|
|European Central Bank||08||08 - International Assistance Received||EUR||131,062,824,000||144,981,000,000|
|European Central Bank||08A||08A - Swaps||EUR||131,062,824,000||144,981,000,000||New York FED.https://apps.newyorkfed.org/markets/autorates/fxswap (accessed 14 June 2020).||
Peak amount outstanding with the US Fed: USD144.981 billion as of June 10.
|European Central Bank||08B||08B - International loans/grants||EUR|
|European Central Bank||08B1||08B1 - Asian Development Bank||EUR|
|European Central Bank||08B2||08B2 - Other||EUR|
|European Union||05||05 - Health and income support||EUR||216,199,000,000||239,158,185,841|
|European Union||05A||05A - Health support||EUR||3,880,000,000||4,292,035,398||OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 15 April 2020).||
(i) EUR800 million of the EU Solidarity Fund will be available by including a public health crisis within its scope, with a view of mobilizing it if needed for the hardest-hit EU member states; (ii) 19 March, the Commission decided to create a European civil protection stockpile of medical equipment (initial budget of EUR50 million, proposed to increase to EUR80 million) with a 90% Commission grant; (iii) 2 April, the Commission presented legislative proposals for an Emergency Support Instrument for the healthcare sector, (EUR3 billion) from the EU budget.
|European Union||05B||05B - Income support||EUR||212,319,000,000||234,866,150,442||OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 15 April 2020); EC. https://ec.europa.eu/regional_policy/en/newsroom/news/2020/01/14-01-2020-financing-the-green-transition-the-european-green-deal-investment-plan-and-just-transition-mechanism (accessed 19 April 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 21 May 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_997 (accessed 12 June 2020).||
(i) Mobilised European Globalisation Adjustment Fund to support dismissed workers and those self-employed (up to EUR179 million available in 2020); (ii) 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) ; (iii) no amount/estimate: March 19, EU Comission intends to allow State aid for struggling businesses and enable Member States to use the full flexibility foreseen under State aid rules. On May 8, the European Commission adopted a second amendment to extend the scope of the State aid Temporary Framework to recapitalization and subordinated debt measures to further support the economy in the context of the coronavirus outbreak. The amended Temporary Framework will be in place until the end of December 2020, except for recapitalization measures which has an extended period by the end of June 2021. The Commission will assess before these dates if they need to be extended; (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; (vi) June 8, European Innovation Council (EIC) Accelerator Pilot fund issued grants of EUR140 million to innovative companies [update]; (vii) Proposed modifications to its 2020 budget to make EUR 11.5 billion available for the hardest hit regions, and to support businesses, including those outside of EU borders. These modifications are stopgap measures to provide support while waiting for the European Commission to ratify a budget containing the "Next Generation EU" recovery instrument [update].
|European Union||08||08 - International Assistance Received||EUR|
|European Union||08A||08A - Swaps||EUR|
|European Union||08B||08B - International loans/grants||EUR|
|European Union||08B1||08B1 - Asian Development Bank||EUR|
|European Union||08B2||08B2 - Other||EUR|
|Hong Kong, China||05||05 - Health and income support||HKD||287,550,000,000||37,031,074,938|
|Hong Kong, China||05A||05A - Health support||HKD||30,000,000,000||3,863,440,265||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#P (accessed 6 May 2020).||
Establishment of a new Anti-Epidemic Fund (HKD30 billion or 1% of gross domestic product [GDP]) to enhance anti-epidemic facilities and services.
|Hong Kong, China||05B||05B - Income support||HKD||257,550,000,000||33,167,634,673||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#P (accessed 6 May 2020). News.gov.hk. https://www.news.gov.hk/eng/2020/06/20200602/20200602_205003_920.html?type=category&name=covid19 (accessed 11 June 2020). News.gov.hk. https://www.news.gov.hk/eng/2020/06/20200608/20200608_192340_279.html?type=category&name=covid19 (accessed 11 June 2020).||
(i) Tax and fee reliefs and other one-off relief measures (HKD79.5 billion or 2.8% of GDP); (ii) Cash payout to permanent residents aged 18 or above (HKD71 billion or 2.5% of GDP); (iii) Employment subsidy scheme (HKD80 billion or 2.8% of GDP); (iv) Sector-specific relief measures (HKD21 billion or 0.7% of GDP); (v) Temporary job creation (HKD6 billion or 0.2% of GDP); (vi) cash payouts to permanent residents aged 18 and above (HKD71 billion or 2.5% of GDP). (vii) No amount/estimate: June 2, Introduction of a subsidy scheme for employment agencies that provide foreign domestic helper placement services from the Anti-Epidemic Fund. [update] (viii) June 8, Authorities announced further support for the travel industry by enhancing the Green Lifestyle Local Tour Incentive Scheme (increased funding of HKG50 million) and extending the subsidy initiative for tourist guides (for 6 monyhs until April 27, 2021). [update]
|Hong Kong, China||08||08 - International Assistance Received||HKD||77,651,000,000||10,000,000,000|
|Hong Kong, China||08A||08A - Swaps||HKD||77,651,000,000||10,000,000,000||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#P (accessed 6 May 2020).||
USD10 billion obtained by the HKMA from the US Federal Reserve's new FIMA temporary repo facility.
|Hong Kong, China||08B||08B - International loans/grants||HKD|
|Hong Kong, China||08B1||08B1 - Asian Development Bank||HKD|
|Hong Kong, China||08B2||08B2 - Other||HKD|
|Mongolia||05||05 - Health and income support||MNT||4,838,793,142,824||1,755,400,000|
|Mongolia||05A||05A - Health support||MNT||198,193,703,412||71,900,000||ADB. https://www.adb.org/sites/default/files/project-documents/54174/54174-001-rrp-en.pdf (accessed 26 May 2020).||
March, Health sector measures (USD71.9 million).
|Mongolia||05B||05B - Income support||MNT||4,640,599,439,412||1,683,500,000||ADB. https://www.adb.org/sites/default/files/project-documents/54174/54174-001-rrp-en.pdf (accessed 26 May 2020).||
March: (i) Measures supporting citizens (USD154.6 million), which includes (a) Personal Income Tax exemption (USD63.2 million); (b) Job retention allowance (USD18.4 million); (c) Child money program (USD12.4 million); (d) VAT refunds (USD14.4 million); (e) Erdenes Tavan Tolgoi Dividends Payout (USD46.2 million). Erdenes Tavan Tolgoi is a state-owned enterprise where each Mongolian citizen owns a share ; (ii) Support to vulnerable businesses and fiscal stimulus measures (USD1,567.9 million), which includes (a) Exemption on social insurance (USD288.2 million); (b) Social insurance penalty exemption (USD4.2 million); (c) Corporate Income Tax exemption (USD10.8 million); (d) Exemption for tax penalties and fines (USD5.4 million); (e) Rental relief (USD7.2 million); (f) Import tax and duties exemption of food products (USD3.6 million); (g) Cashmere sector support (USD118.1 million); (h) Discount on agricultural equipment (USD12.3 million); (i) Capital projects (of which two-thirds does not yet have financing) (USD1,079.1 million).
|Mongolia||08||08 - International Assistance Received||MNT||841,703,022,765||305,350,000|
|Mongolia||08A||08A - Swaps||MNT|
|Mongolia||08B||08B - International loans/grants||MNT||841,703,022,765||305,350,000|
|Mongolia||08B1||08B1 - Asian Development Bank||MNT||441,180,837,706||160,050,000||ADB||
(i) February 13, Fifth Health Sector Development Project (USD1.40 million); (ii) March 12, Regional Improvement of Border Services Project (USD0.08 million); (iii) March 2, Improving the Preparedness and Response to Novel Coronavirus Outbreak (USD0.23 million); (iv) March 25, Asia Pacific Disaster Response Fund and Technical Assistance - COVID-19 Emergency Response (USD1 million); (v) April 30, Supporting the Credit Guarantee System for Economic Diversification and Employment Project (USD24 million); (vi) April, Nonsovereign Operations: Trade Finance Program (Additional Financing) - guarantee (USD2.45 million) ; (vii) April, Nonsovereign Operations: Trade Finance Program (Additional Financing) - loan (USD0.12 million) with co-financing (USD0.01 million) ; (viii) April, Country Support under TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases (USD0.77 million); (ix) May 7, Fifth Health Sector Development Project - additional financing (USD30 million); (x) May 12, COVID-19 Rapid Response and Expenditure Framework CPRO (USD100 million).
|Mongolia||08B2||08B2 - Other||MNT||400,522,185,059||145,300,000||World Bank. https://www.worldbank.org/en/news/press-release/2020/04/02/the-world-bank-approves-269-million-for-mongolias-covid-19-coronavirus-emergency-response (accessed 7 May 2020); UNDP. http://mptf.undp.org/factsheet/fund/COV00 (accessed 4 June 2020); World Bank. https://www.worldbank.org/en/news/press-release/2020/05/15/mongolia-world-bank-to-help-alleviate-burden-for-the-self-employed-in-the-face-of-covid-19 (accessed 20 May 2020); USAID. https://www.usaid.gov/news-information/coronavirus/fact-sheets/may-29-2020-update-united-states-continues-lead-global-response-covid-19 (accessed 5 June 2020); IMF. https://www.imf.org/en/News/Articles/2020/06/03/pr20232-mongolia-imf-executive-board-approves-us-99m-disbursement-under-the-rfi-address-covid19 (accessed 4 June 2020).||
(i) March 25, The World Bank mobilized USD2.2 million to help strengthen Mongolia’s hospital services in the wake of the COVID-19 pandemic. The funding will be used to purchase the most needed medical diagnostic equipment in the country (loan); (ii) April 2, The World Bank’s Board of Executive Directors approved USD26.9 million for the Mongolia COVID-19 Emergency Response and Health System Preparedness Project to meet emergency needs in the face of the pandemic and to better prepare for future health crises (loan); (iii) April, UN COVID-19 Response and Recovery Fund, a UN inter-agency fund mechanism established by the UN Secretary-General to help support low and middle income programme countries to respond to the pandemic and its impacts including an unprecedented socio-economic shock, has allocated USD1 million to Mongolia (grant); (iv) May, The World Bank is reprioritizing USD15 million under the existing Employment Support Project to support certain relief measures of the government’s economic stimulus package in response to COVID-19. This support will cover out-of-pocket social insurance contributions for an estimated 120,000 individuals—including the self-employed, micro-entrepreneurs, and those informally employed—for a period of five months (loan); (v) May, USAID provided nearly USD1.2 million for health assistance to the Mongolian Government to prepare laboratory systems, activate case-finding and event-based surveillance, and support technical experts for response and preparedness, and more (grant); (vi) June 3, The IMF has approved the request for emergency financial assistance under the Rapid Financing Instrument (RFI) of about USD99 million. This emergency financial assistance will help support foreign exchange reserves, create fiscal space for essential pandemic-related expenditure, and catalyze donor support (loan) [update].
|People's Republic of China||05||05 - Health and income support||CNY||7,622,400,000,000||1,086,110,146,790||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 15 April 2020); Xinhuanet. http://www.xinhuanet.com/english/2020-04/03/c_138944267 (accessed 15 April 2020); The State Council The People's Republic of China. http://english.www.gov.cn/premier/news/202005/29/content_WS5ed058d2c6d0b3f0e9498f21.html (accessed 1 June 2020).||
(i) CNY1.60 trillion for local governments' infrastructure projects to boost investment amid slowing economic activity and trade headwinds with the United States funded by increase in the ceiling for special local government bonds of 1.3 percent of GDP. The main buyers of such bonds have been state-owned policy banks; (iv) By the end of April, local governments had given out more than CNY6.5 billion worth of consumer vouchers, essentially government subsidised coupons or discounts that can be spent at designated venues, according to data from 42 cities collated by the Chinese Academy of Social Sciences (CASS); (v) May 28, announced CNY2 trillion in increase in fiscal deficits and issuance of of special treasury bonds worth of CNY1 trillion of which CNY300 billion will be used by local governments for COVID-19 prevention and while the rest to support local governments’ operations. The increase of budget deficits and funds raised from the issuance of government bonds for COVID-19 control will all be channeled to primary-level governments. Companies, especially smaller firms, will truly benefit from these funds, and people who live on social security schemes, subsistence allowance, unemployment benefits, old-age support and those living in difficulties will be able to benefit. About CNY4 trillion covers payment relief for enterprises of their contributions to social security schemes, and taps into the balance of the unemployment insurance fund, interest concessions made by state-owned commercial banks, and price reductions in natural monopoly industries to lower enterprises’ operating costs. This money will be primarily used to support jobs, people’s basic living needs and businesses, and sustain household income. The government also said expenditure on investment projects will rise by 22.4 billion yuan for 2020.
|People's Republic of China||05A||05A - Health support||CNY|
|People's Republic of China||05B||05B - Income support||CNY|
|People's Republic of China||08||08 - International Assistance Received||CNY||2,794,596,560||398,200,000|
|People's Republic of China||08A||08A - Swaps||CNY|
|People's Republic of China||08B||08B - International loans/grants||CNY||2,794,596,560||398,200,000|
|People's Republic of China||08B1||08B1 - Asian Development Bank||CNY||303,180,742||43,200,000||ADB. https://www.adb.org/projects/country/prc (accessed 16 April 2020).||
(i) February 7, USD1 million of additional financing for Strengthening Regional Health Cooperation in the Greater Mekong Subregion; (ii) February 20, USD18.6 million for the COVID-19 Emergency Response Project; (iii) March 30, USD20 million for the COVID-19 Emergency Energy Supply Project; (iv) April 15, USD3.6 million reallocated from the Chongqing Longxi River Basin Integrated Flood and Enviromental Risk Management Project to finance purchase of ambulances, medical equipment and personal protection equipment, linked to the broadened diaster risk responses capacity of the project components by extending from flood and pollution emergencies to include public health emergencies.
|People's Republic of China||08B2||08B2 - Other||CNY||2,491,415,818||355,000,000||AIIB. https://www.aiib.org/en/projects/list/index.html?status=Approved (accessed 28 May 2020).||
April 3, AIIB's USD355 million Emergency Assistance to PRC's Public Health Infrastructure Project .
|Republic of Korea||05||05 - Health and income support||KRW||40,000,000,000,000||32,784,564,431|
|Republic of Korea||05A||05A - Health support||KRW||2,100,000,000,000||1,721,189,633||OECD. https://www.oecd.org/coronavirus/en/ (accessed 24 April 2020); WTO. https://www.wto.org/english/tratop_e/covid19_e/trade_related_goods_measure_e.htm (accessed 1 May 2020).||
(i) March 17, The National Assembly approved the budget of KRW2.1 trillion for disease control, i.e., epidemic prevention and treatment, support for medical institution and quarantined people; (ii) April 14, No amount/estimate: Temporary elimination of import tariffs on surgical and sanitary masks and melt blown filters until June 30, 2020.