|Economy||Measure Code||Measure||Currency Code||Amount (Local)||Amount (USD)||Source||Post Date||Details|
|Afghanistan||05||05 - Health and income support||AFN||43,571,630,000||553,700,060||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 17 September 2020).||
According to the mid-year budget revision to be submitted to parliament in September, authorities envisage a total of 2.9% of GDP for pandemic-related spending, with about 15% directed to health.
|Afghanistan||05A||05A - Health support||AFN||6,535,744,500||83,055,009||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 6 May 2020).||
(i) The government has so far allocated AFN1.9 billion (0.1% of GDP) in the budget for emergency health needs, such as (a) establishing testing labs, including at border crossings, (b) setting up special wards to boost hospitalization and care capacity, and (c) procuring the most critical medical supplies.
|Afghanistan||05B||05B - Income support||AFN||37,035,885,500||470,645,051||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 26 June 2020).||
No amount/estimate: To ease tax compliance, the government extended filing deadlines, initially to May 20, now to July 5 for individual and business taxpayers.
|Arab Republic of Egypt||05||05 - Health and income support||EGP||109,856,000,000||6,990,530,743||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).||
Multiple packages have been announced by the government to mitigate the economic impact of COVID-19, totalling over EGP102 billion: (i) March 22, EGP100 billion (1.8% of GDP) or USD6.13 billion was announced as the total of stimulus policies to be enacted by the government to mitigate the economic impact of COVID-19; (ii) March 24, EGP1 billion additional funding for health services; (iii) April 2, additional USD7.9 million disgnated for emergency respone activities related to the outbreak; (iv) EGP1 billion in arrears will be paid out to exporters. More data on the breakdown of these packages below.
|Arab Republic of Egypt||05A||05A - Health support||EGP||Ahram Online. http://english.ahram.org.eg/NewsContent/1/64/388732/Egypt/Politics-/EGP--million-disbursed-to-support-doctors-infected.aspx (accessed 29 October 2020). 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).||
(i) March 22, EGP8 billion has been allocated to support the healthcare sector, targeted at providing urgent and necessary medical supplies, and disbursing bonuses for medical staff working in quarantine hospitals and labs; (ii) March 22, To support medical professionals, including doctors working in university hospitals, a 75% allowance over the wages has been announced; (iii) March 24, EGP1 billion (USD63.5 million) additional funding was announced, specifically for health services and various measures to increase the country’s capacity to absorb the sudden increase of critical patients that the outbreak might bring; (iv) April 2, additional USD7.9 million designated for emergency response activities related to the COVID-19 outbreak; (v) October 19, The Egyptian Doctors Syndicate announced that it has disbursed EGP71 million to support almost 3,600 doctors who have been infected by the coronavirus since February. The syndicate added that it also disbursed EGP5 million to support the families of the doctors who died of COVID-19.
|Arab Republic of Egypt||05B||05B - Income support||EGP||Egyptian Customs Authority. https://customs.gov.eg/Media/News/Details/18aa02e5-3c2c-4686-ac2f-c020e8982926 (accessed 24 September 2020). Ministry of Social Solidarity. https://www.moss.gov.eg/ar-eg/Pages/news-details.aspx?nid=1917 (accessed 17 September 2020). Ministry of Petroleum. https://www.petroleum.gov.eg/ar-eg/media-center/news/news-pages/Pages/mop_02092020_02.aspx (accessed 17 September 2020). Central Bank of Egypt. https://www.cbe.org.eg/en/Pages/HighlightsPages/Circular-dated-21-June-2020-regarding-extending-the-period-of-exempting-local-transfers-in-EGP-from-all-fees-&-commissions-.aspx (accessed 24 September 2020); https://www.cbe.org.eg/en/Pages/HighlightsPages/Circular-dated-21-June-2020-regarding-extending-the-period-of-exempting-local-transfers-in-EGP-from-all-fees-&-commissions-.aspx (accessed 24 June 2020). Ministry of Petroleum and Mineral Resources. https://www.petroleum.gov.eg/ar-eg/media-center/news/news-pages/Pages/mop_17062020_01.aspx (accessed 19 June 2020). World Bank. https://datacatalog.worldbank.org/dataset/covid-19-finance-sector-related-policy-responses (accessed 7 May 2020); 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 23 July 2020). Daily News Egypt. https://dailynewsegypt.com/2020/10/21/prime-minister-approves-salary-rise-for-egyptian-teachers/ (accessed 5 November 2020).||
(i) No amount/estimate: March 22, Pension benefits have been increased by 14%; (ii) No amount/estimate: March 22, Expansion of the targeted cash transfer social programs, Takaful and Karama, are also being extended to reach more families; (iii) No amount/estimate: March 22, A targeted support initiative for irregular workers in most severely hit sectors has been announced, which will entail EGP500 in monthly grants for 3 months; (iv) No amount/estimate: March 22, Energy costs have been lowered for the entire industrial sector; (v) No amount/estimate: March 22, Real estate tax relief has been provided for industrial and tourism sectors, (vi) No amount/estimate: March 22, Subsidy pay-out for exporters has been stepped up, and discount on fuel price has been announced for the aviation sector; (vii) March 22, EGP50 billion of the EGP100 billion stimulus has been announced for the tourism sector, which contributes close to 12% of Egypt’s GDP, 10% of employment, and almost 4% of GDP in terms of receipts, as of 2019; (viii) No amount/estimate: The moratorium on the tax law on agricultural land has been extended for 2 years; (ix) No amount/estimate: The stamp duty on transactions and tax on dividends have been reduced; (x) No amount/estimate: Capital gains tax has been postponed until further notice; (xii) No amount/estimate: ATM withdrawal fees have been cancelled; (xiii) EGP1 billion in arrears will be paid out by The Export Subsidy Fund in March and April 2020, plus 10% in cash payments to exporters in June 2020; (xiv) No amount/estimate: Three months extension for the payment of property taxes for companies in the industrial and tourism sector; (xv) No amount/estimate: Extension of the individuals’ annual tax return filing deadline to 16 April instead of 31 March, and exemption of the tax returns online filing subscription fee for the use of the Egyptian Tax Authority online filing portal; (xvi) EGP50 million allocated by the Ministry of Workforce for irregular workers, including women, who lost their job due to the coronavirus; (xvii) June 17, EGP5.3 billion in exemptions to natural gas consumers from penalty fine for late payments; (xviii) No amount/estimate: June 21, Extended until September 15, 2020, the exemption from all fees & commissions for local transfers in EGP. On September 15, this was again extended until December 21, 2020. Further, contactless prepaid bank cards will continue to be issued to citizens free of charge; (xix) No amount/estimate: A Corona tax of 1% on all public and private sector salaries and 0.5% on state pensions have been imposed, the proceeds of which are earmarked for sectors and SMEs most affected by the pandemic; (xx) No amount/estimate: July 23, the new consumer spending initiative will also include discounts on selected consumer goods, the details of which are yet to be announced; (xxi) Bonus for workers in the petroleum sector worth 12% of the basic wage for a worker on June 30, 2020, with a minimum of EGP75 added to the basic wage. Bonus for workers in the workers in "the shareholding corporate sector" side of the petroleum industry get a bonus worth 12% of their basic wages with a minimum of EGP75 and a maximum of EGP300; (xxii) EGP500 support total for tour guides. Disbursement begins with an EGP100 disbursement on September 8, 2020; (xxiii) September 18, Reduction in customs duties by rates exceeding 50% of their current levels on some components of the furniture, petrochemical and durable electrical appliances industries such as refrigerators and televisions, as well as for mass transit vehicles and vehicle supply stations with electric and gas power; (xxiv) October 10, EGP2.3 billion in support to state employees through salary hikes between EGP50 and EGP55. [update]
|Argentina||05||05 - Health and income support||ARS||169,284,000,000||2,697,752,988|
|Argentina||05A||05A - Health support||ARS||6,000,000,000||95,617,530||Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 5 May 2020). Argentine Government. https://www.argentina.gob.ar/noticias/el-gobierno-extendio-el-subsidio-de-contencion-familiar-dispuesto-en-2006 (accessed 14 August 2020). Argentine Government. https://www.boletinoficial.gob.ar/detalleAviso/primera/227193/20200327 (accessed 25 September 2020). MENAFN. https://menafn.com/1101062851/Argentina-inks-deal-with-Russia-to-purchase-25-mln-doses-of-coronavirus-vaccine&source=30 (accessed 06 November 2020).||
(i) Established Emergency Assistance Program for Work and Production for employers and workers affected by the health emergency; (ii) authorized ARS 6 billion to Argentine provinces to strengthen municipal health systems and finances; (iii) created an Emergency Family Income (IFE) to compensate the loss or serious decrease in the income of people linked to the informal sector; (iv) low-income monotributistas, and the workers and workers of private households affected by the health emergency; (v) implemented Universal Child Allowance (AUH) and Universal Pregnancy Allowance (AUE) payments, worth ARS3,103 per month for each child; (vi) increase in budget items for therapeutic communities, homes with coexistence and homes for care and community accompaniments; (vii) increased the monthly non-remunerative financial to temporary workers in the agricultural and agro-industrial sectors; (viii) No amount/estimate: August 8, Established a subsidy of ARS 15,000 for the relatives of people who died due to COVID-19, who at the time of their death, were unemployed, worked in the informal economy or were monotaxists; (ix) No amount/estimate: September 15, Extended the Stimulus Allowance for Healthcare workers by 90 days and expanded the scope of the allowance to reach 700,000 people when before it reached 500,000. This is a monthly 5,000 Peso allowance for healthcare workers. (x) No amount/estimate: November 3, purchase of 25 million doses of Russian COVID-19 vaccine "Sputnik V". [update]
|Argentina||05B||05B - Income support||ARS||163,284,000,000||2,602,135,458||Argentine Government. https://www.argentina.gob.ar/noticias/guzman-y-de-pedro-firmaron-con-el-gobernador-de-mendoza-un-nuevo-acuerdo-del-fondo (accessed 03 Jul 2020). Argentine Government. https://www.argentina.gob.ar/noticias/mas-de-300-millones-de-pesos-para-poner-en-marcha-el-programa-potenciar-trabajo-en-cordoba (accessed 03 July 2020). Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 29 May 2020, 19 June 2020, 26, June). Official Bulletin of Argentina. https://www.boletinoficial.gob.ar/detalleAviso/primera/231883/20200708 (accessed 17 July 2020). Argentine Government. https://www.argentina.gob.ar/noticias/el-gobierno-nacional-firmo-acuerdos-de-asistencia-financiera-con-jujuy-la-rioja-tierra-0 (accessed 24 July 2020). Argentine Government. https://www.argentina.gob.ar/noticias/arroyo-y-capitanich-firmaron-la-implementacion-del-potenciar-trabajo-en-chaco (accessed 31 July 2020). Argentine Government. https://www.boletinoficial.gob.ar/detalleAviso/primera/233459/20200811 (accessed 14 August 2020). Argentine Government. https://www.argentina.gob.ar/noticias/el-presidente-anuncio-obras-para-chaco-misiones-cordoba-la-pampa-y-salta-por-20-mil (accessed 28 August 2020). Argentine Government. https://www.boletinoficial.gob.ar/detalleAviso/primera/234035/20200825 (accessed 28 August 2020). Argentine Government. https://www.boletinoficial.gob.ar/detalleAviso/primera/227120/20200325?busqueda=1 (accessed 25 September 2020). Argentine Govenrment. https://www.boletinoficial.gob.ar/detalleAviso/primera/236440/20201023?anexos=1 (accessed 23 October 2020).||
(i) Increased budget for public investment in road works, economic infrastructure, construction and renovation of houses, schools, kindergartens, and tourism by ARS100 billion; (ii) suspended fees and commissions for ATM operations (deposits, withdrawals, inquiries, etc.) through June 30, 2020; (iii) exempted the payment of employment contributions to sectors criticaly affected by the coronavirus pandemic; (iv) reinforced unemployment insurance; (v) ordered an extraordinary payment to the holders of the Food Card; (vi) May 1, established emergency economic assistance within the framework of the Self-Managed Work Program; (vii) May 1, declared that Emergency Family Income (IFE), Universal Child Allowance (AUH), and the Complementary Salary (SC) are not taxable as part of gross income; (viii) No amount/estimate: May 5, expanded the Emergency Assistance Program for Work and Production to cover more companies and activities; (ix) No amount/estimate: May 6, increased the benefits and number of beneficiaries; (x) No amount/estimate: May 11, updated the amounts of economic aid provided under the Job Insertion Program; (xi) No amount/estimate: May 12, required Banks to refund fees associated with the National Social Security Administration (ANSES) and Emergency Family Income (IFE) benefit; (x) May 14, ARS29 billion federal program which includes the construction of 5,500 new homes, the financing of 42,900 parts that include gas, electricity and sanitary infrastructure works, the granting of microcredits for the acquisition of construction materials and the carrying out of small-scale works, as well as the conditioning of community spaces in popular neighborhoods. Estimated to generate 750 thousand direct and indirect jobs between 2020 and 2021; (xi) No amount/estimate: May 18, announced an increase of 6.12% for all retirees and pensioners according to the scale of the pyramid, which brings the minimum retirement to 16,864 pesos and the maximum credit to 113,479 pesos, also includes increases in non-contributory pensions, the Universal Child Allowance, the Universal Pregnancy Allowance and the Family Allowances; (xii) May 22, ARS21 million for the acquisition of 70,000 new computers, within the framework of the federal connectivity program "Juana Manso" that carries out the educational portfolio; (xiii) No amount/estimate: June 5, ordered payment of 3 thousand pesos for those under the Empower Work Program and did not receive IFE; (xiv) No amount/estimate: June 9, national government extended the right to double compensation for individuals who are dismissed from their jobs without just cause; (xv) No amount/estimate: June 9, exempted temporarily from payment of income tax for overtime, guards and additional personnel of Health, Armed, and Security Forces and other activities related to the health emergency; (xvi) No amount/estimate: created assistance programs for individuals with disabilities affected by COVID-19; (xvii) June 12, ARS900 million, emergency measures to face the COVID-19 pandemic and its sanitary, economic and housing consequences; (xvii) No amount/estimate: June 18, extended until September 30 the suspension of the collection of all charges to operate in ATMs; (xix) No amount/estimate: June 22, increase of ARS3000 in the monthly non-contributory financial aid under Training and Employment Insurance; (xx) June 28, ARS1.9 billion grant to province of Mendoza under the the Trust Fund for Financial Development; (xxi) June 30, ARS313 million to launch the Program to Promote Work in the province of Cordova; (xxii) July 7, ARS4 billion budget for 2020 to support the reactivation and completion of National Housing Plan projects; (xxiii) July 15, extended until October 2020 loan benefits under the Emergency Assistance to Work and Production (ATP) program for the performing arts sector; (xxiv) July 16, ARS6.4 billion for the provinces of Jujuy, La Rioja, Tierra del Fuego, and Salta under the Trust Fund for Provincial Development (FFDP); (xxv) July 27, ARS500 million for the program "Empower Work" in Chaco; (xxvi) August 7, ARS100 million for Created the Program for the Promotion of Work, Rooting and Local Supply (PROTAAL); (xxvii) August 19, ARS20 billion to rehabilitate the infrastructure projects in the provinces of Chaco, Misiones, Córdoba, La Pampa and Salta; (xxviii) August 24, an increase of 7.50% for pension benefits as of September; (xxix) September 20, utilities with up to 7 months of past-due payments from March 1 2020 onwards cannot be discontinued; (xxx) October 22, ARS150 million under the Development Fund under the MInistry of Culture to grant economic support to cultural spaces.
|Armenia||05||05 - Health and income support||AMD||30,000,000,000||61,348,610|
|Armenia||05A||05A - Health support||AMD|
|Armenia||05B||05B - Income support||AMD||30,000,000,000||61,348,610||Asbarez. http://asbarez.com/193112/pashinyan-unveils-economic-aid-package-amid-state-of-emergency/ (accessed 16 April 2020).||
(i) No amount/estimate: Subsidize the interest rates of co-financed loans for companies that borrow money from Armenian banks in the national currency to pay salaries, taxes, bills and purchase raw materials; (ii) a package of AMD30 billion (over USD60 million) for urgent social assistance for the impoverished. See Measure 9: No breakdown.
|Azerbaijan||05||05 - Health and income support||AZN||1,206,850,000||709,911,765|
|Azerbaijan||05A||05A - Health support||AZN||58,300,000||34,294,118||Ministry of Emergency Situations. http://www.fhn.gov.az/index.php?eng/news/xeber/2020/7/6/36724//1 (accessed 17 July 2020); Cabinet of Ministers. https://cabmin.gov.az/az/article/969/ (accessed 07 August 2020).||
(i) No amount/estimate: July 6, Installation of 10 modular hospital complexes in various regions of the country. It is expected to create 2,000 additional beds for the treatment of coronavirus patients; (ii) August 6, The government reported that medical personnel involved in the fight against COVID-19 received increased salaries from March to June. 64,038 medical staff have so far received salaries of AZN58.3 million; (iii) August 6, The government reported that 215 medical staff with extensive experience in COVID-19 from Turkey, the Russian Federation, People's Republic of China, Italy, and Cuba were brought to the country to work with Azerbaijan's medical personnel.
|Azerbaijan||05B||05B - Income support||AZN||1,148,550,000||675,617,647||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 24 July 2020); 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); European Bank for Reconstruction and Development (EBRD). https://www.ebrd.com/news/2020/ebrd-and-azerbaijans-central-bank-promote-manat-lending-to-coronavirushit-firms.html (accessed 27 May 2020); Ministry of Economy. https://www.economy.gov.az/en/article/ozel-sektora-yeni-maliyye-desteyi-ve-i-qtisadiyyat-nazirinin-sahibkarlarla-onlayn-gorushunun-kechirileceyi-barede/31115 (accessed 07 August 2020); Ministry of Economy. https://www.economy.gov.az/en/article/ferdi-sahibkarlara-maliyye-desteyi-gosterilmesine-bashlanilib/31163 (accessed 12 August 2020).||
(i) April 6, AZN1 billion (USD588 million) for the government's subsidization of 10% of the interest for one year of existing company loans; (ii) No amount/estimate: April, Tax exemptions for micro-enterprises and value-added tax (VAT) exemption for some food and medicinal products, as well as the raw materials that are necessary; (iii) No amount/estimate: Lump-sum payments in the amount of living wage - AZN190 (USD112) to 200,000 unemployed citizens of the country. The payment is considered for two months. The social package aims to relieve the impact of the novel coronavirus on the social life of people by multiple tools, including creation of 50,000 paid public jobs, tuition support program for students from socially vulnerable families, financial support program for mortgage and credit guarantee mechanism, program to support communal fees, primarily for electricity consumption of the population, and financial support program for vital passenger transport activities; (iv) May 19, USD50 million, or about AZN85 million (of the USD200 million swap with the European Bank for Reconstruction and Development (EBRD)) is allocated as support to local firms, including smaller viable enterprises experiencing temporary difficulties; (v) No amount/estimate: August 6, The government announced a financial support package for pandemic-affected industries that did not implement significant reductions in the number of employees. Financial support will be paid in equal installments in two stages, covering August and September; (vi) August 11, The government announced a second phase of financial support to individual (micro) entrepreneurs. The first phase of the program has already released AZN63.55 million of cash transfers to 106,907 individual (micro) entrepreneurs.
|Brazil||05||05 - Health and income support||BRL||615,000,000,000||125,941,536,319||Ministry of Economy https://www.gov.br/economia/pt-br/assuntos/noticias/2020/outubro/impacto-fiscal-das-medidas-de-combate-a-covid-19-atinge-r-615-bilhoes-em-2020 (accessed November 1)||
(i) October 30, Ministry of Economy announced that "measures adopted by the federal government to combat the economy and social effects of the crisis generated by COVID-19 reached BRL615 billion of primary impact, with BRL587.5 in new expenses and BRL27.5 billion in reduced revenue".
|Brazil||05A||05A - Health support||BRL||35,588,040,000||7,287,825,093||Ministry of Economy https://www.gov.br/economia/pt-br/assuntos/noticias/2020/marco/ministerio-da-economia-anuncia-medidas-para-diminuir-o-impacto-do-coronavirus-no-pais (accessed March 20) Ministry of Economy https://www.gov.br/economia/pt-br/assuntos/noticias/2020/marco/equipe-economica-reforca-em-mais-r-22-bilhoes-plano-de-combate-aos-efeitos-do-coronavirus (Accessed March 21) OECD . Https://oecd.org/coronavirus/en/#country-tracker (accessed May 28)||
(i) March 16, Allocated BRL4.5 billion to directly fight coronavirus; (ii) March 18, Ministry of Economy announced another BRL2.3 billion to directly fight the pandemic; (iii) An additional 0.4% of GDP have been assigned to the public healthcare system, in addition to transfers to state and municipal governments who bear the main responsibility for public healthcare; (iv) Taxes and import duties on goods used by hospitals have been zeroed and import procedures eased. (v) Field hospitals are being built and efforts are underway to procure respirators and augment ICU capacity; (iv) The Health Ministry opened 5,800 vacancies for doctors; (v) Resident doctors will receive a 20% bonus, worth USD 130.
|Brazil||05B||05B - Income support||BRL||241,083,372,727||49,369,772,914||Institute of International Finance (IIF) https://www.iif.com/Portals/0/Files/Databases/COVID-19_responses.pdf?ver=2020-04-24-173749-083 (Accessed 29 April 2020). Ministry of Finance https://www.gov.br/economia/pt-br/assuntos/noticias/2020/junho/tesouro-atualiza-o-manual-para-instrucao-de-pleitos-e-inclui-orientacoes-relacionadas-a-ajuda-contra-a-covid-19 (accessed June 25). Ministry of Economy https://www.gov.br/economia/pt-br/assuntos/noticias/2020/junho/governo-federal-anuncia-prorrogacao-do-auxilio-emergencial-por-mais-dois-meses (accessed 1 July 2020). Ministry of Economy https://www.gov.br/economia/pt-br/assuntos/noticias/2020/julho/reducao-do-iof-sobre-operacoes-de-credito-e-prorrogada-por-mais-90-dias (accessed 12 July 2020). Ministry of Economy https://www.gov.br/economia/pt-br/assuntos/noticias/2020/julho/receita-e-pgfn-prorrogam-por-mais-30-dias-prazo-de-validade-de-certidoes-conjuntas (accessed 20 July 2020). Ministry of Economy https://www.gov.br/economia/pt-br/assuntos/noticias/2020/julho/governo-utilizara-plataforma-brasil-para-operacionalizar-os-recursos-da-lei-aldir-blanc (accessed 6 August 2020). Ministry of Infrastructure https://www.gov.br/infraestrutura/pt-br/assuntos/noticias/ultimas-noticias/presidente-sanciona-lei-com-medidas-para-beneficiar-transporte-aereo (accessed 7 August 2020)||
(i) Announced a comprehensive fiscal package worth USD30 billion, that includes expansion and front-loading of social assistance/benefit payments; (ii) expanding the Bolsa Familia program with the inclusion of over 1 million more beneficiaries, cash transfers to informal and unemployed workers, and advance payments of salary bonuses to low income workers; (iii) USD1.5 billion to finance two months of payroll for firms impacted by COVID-19; (iv) Announced several measures, which include bringing forward the 13th pension payment to retirees, expanding the Bolsa Familia program, providing an emergency cash transfer to households; and (v) Introducing temporary tax breaks and credit lines through the state-owned banks, lowering taxes and import levies on essential medical supplies, and assisting state and local governments; (vi) June 23, the Ministry of Economy suspends for up to 6 months payment to the Board of Trustees of the Severance Pay Fund (FGTS) from private urban public transport companies; the impact of suspended payments is approximately BRL51 million (see Category 3B for link); (vii) No amount/estimate; June 19, the National Treasury updated the Manual for Instruction of Claims (MIP) to include specific guidelines and procedures under the Complementary Law No. 173/2020 that established the Federative Program to Combat Coronoavirus and altered the Fiscal Responsiblity Law (LRF) by waiving limits placed on "the Union, the States, the Federal District and Municipalities" in the event of a "public calamity"; (viii) June 30, the Ministry of Economy announced extension of emergency aid for another 2 months to 64.3 million Brazilians, who receive an additional BRL600 per month (total = 64.3 million x BRL600 x 2 months = BRL77.16 billion; (ix) July 3, the Ministry of Economy announced a reduction in the IOF tax rate on credit operations had been extended 90 days; the estimated tax waiver for the 90 days is BRL7.051 billion; (x) July 14, the Ministry of Economy announced extension of the validity period of Negative Debt Certificates (CND) and Positive Certificates with Negative Effects (CNEND) for another 30 days, both relating to federal tax credits; (xi) July 29, Ministry of Economy announced the Aldir Blanc Law that provides amergency aid of BRL600 for people working in cultural establishments such as independent theaters, circuses, cinema clubs, cultural spaces in indigenous areas and popular festivals; total estimated expense is BRL3 billion; (xii) No amount/estimate; August 6, Ministry of Infrastructure announced cancellation of the USD18 per ticket International Boarding Fare, starting in 2021;
|Georgia||05||05 - Health and income support||GEL||3,636,500,000||1,195,929,036|
|Georgia||05A||05A - Health support||GEL||828,500,000||272,467,264||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 24 June 2020).||
(i) May 7, Additional funds of about GEL350 million will be directed to health spending including lab testing and quarantine expenditures as well as increased costs associated with hospitalization, medical treatment, and medical supplies. (ii) GEL478.5 million for healthcare infastructure and other virus spread prevention costs.
|Georgia||05B||05B - Income support||GEL||2,808,000,000||923,461,772||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 20 July 2020). Agenda.ge https://agenda.ge/en/news/2020/2716 (accessed 4 September 2020)||
No amount/estimate: (i) April 24, The ‘Anti-Crisis Economic Action Plan’ listed the government’s initiatives to support the population and businesses along with the measures already implemented or announced by the government, such as the payment for gas, electricity and utilities for the for users consuming up to 200 kW of electricity and/or up to 200 m3 natural gas monthly; (ii) The government introduced the State Program for Maintaining Prices of Primary Consumption Food Products. The program envisages subsidies for certain imported products to keep their local price stable (rice, pasta, buckwheat, sunflower oil, sugar, milk powder, beans, wheat, and wheat powder) for the period from 15 March to 15 May 2020; (iii) Bank loan service holidays for individuals; income and property tax holidays for hotels (until Nov 1, 2020); (iv) Within the frame of the new program “Co-financing Mechanism for Supporting Family-owned, Small and Medium-size Hotel Industries”, Enterprise Georgia (the agency of the Ministry of Economic and Sustainable Development of Georgia) will co-finance up to 80% of the annual interest rate on loans issued to family-owned, small and medium-sized hotels. As of September 4, this measure has been extended for another 6 months; (v) The custom clearance term for vehicles imported before 1 April 2020 was extended to 1 September 2020 for car importers; (vi) No amount/estimate: VAT refunds will become automatic and will accelerate; (vii) GEL2.589 billion in transfer payments to individuals, corporate subsidies, and tax relief; (viii) No amount/estimate: Starting from January 2021, the rule of indexation of pensions will be introduced. According to this rule, the pensions will increase by at least the rate of inflation, plus a premium depending on the pensioner's age; (ix) GEL160 million in one-time assistance to all children below 18; (x) GEL35 million to help students from vulnerable families to cover one semester of their university tuition; (xi) GEL24 million total benefits for the self-employed, who lost their job during the pandemic and applied for government assistance, but were refused, as they failed to provide required documents [update]; (xii) No amount/estimate: The government will cover utility costs from November to February for vulnerable sectors.
|Islamic Republic of Iran||05||05 - Health and income support||IRR||2,206,300,570,560,000||52,530,965,966|
|Islamic Republic of Iran||05A||05A - Health support||IRR||459,645,952,200,000||10,943,951,243||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020).||
Additional funding to health sector at 2% of GDP.
|Islamic Republic of Iran||05B||05B - Income support||IRR||1,746,654,618,360,000||41,587,014,723||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020).||
(i) Moratorium on tax payments at 7% of GDP; (ii) cash transfer to vulnerable householders at 0.3% of GDP; (iii) support to unemployment insurance fund at 0.3% of GDP.
|Kazakhstan||05||05 - Health and income support||KZT||7,700,000,000,000||18,677,986,659||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 13 April 2020). OECD. https://www.oecd.org/coronavirus/en/ (accessed 21 May 2020) KPMG. https://home.kpmg/xx/en/home/insights/2020/04/kazakhstan-government-and-institution-measures-in-response-to-covid.html (accessed 21 May 2020)||
(i) The President announced a significant anti-crisis package now totaling KZT 5.9 trillion. The anti-crisis package includes cash payments to the unemployed (USD95 per month per person), a 10% increase in pension and social benefits, and additional spending to strengthen the health sector (As of May 20: (a) KZT14.8 billion for the construction of three quarantine modular complexes in Nur-Sultan, Shymkent and Almaty; (b) KZT40.6 billion for incentive measures for healthcare workers participating in quarantine activities; (iii) KZT19.5 billion for health organizations treating coronavirus patients; (c) KZT8 billion in salaries will be paid to doctors, police officers and other specialists) and support employment and business; (ii) An additional KZT1.8 trillion will be allocated to support employment under an “Employment Roadmap” program; and (iii) No amount/estimate: SMEs and individual entrepreneurs are also eligible for new tax incentives; (iv) No amount/estimate: May 14, VAT rate has been reduced from 12% to 8% until 1 October 2020 with the exception of food and drugstores, transportation services, consulting services and information technology.
|Kazakhstan||05A||05A - Health support||KZT|
|Kazakhstan||05B||05B - Income support||KZT||OECD. https://www.oecd.org/coronavirus/en/ (accessed 30 July 2020).||
(i) No amount/estimate: May 20, residents in Almaty can defer utility payments for March and April until the end of 2020 with no fines or penalty. Reimbursement of utilities expenses for April and May in amount of KZT15,000 will also be provided for socially vulnerable groups; (ii) No amount/estimate: July, The government announced a new round of income support payments of KZT42,500 to certain categories of the population.
|Kyrgyz Republic||05||05 - Health and income support||KGS||5,400,000,000||72,380,579||Ministry of Finance. http://www.minfin.gov.kg/ru/novosti/novosti/covid-19-menen-krshg-respublikalyk-byudzhetten-38-(accessed 12 July 2020). Ministry of Finance. http://www.minfin.gov.kg/ru/novosti/novosti/covid-19-virusunun-taralyshyn-aldyn-aluuga-respubl (accessed 12 July 2020). Kabar. http://en.kabar.kg/news/kyrgyz-government-allocates-kgs-640-mln-for-possible-second-wave-of-coronavirus/ (accessed 16 September 2020).||
July 3, KGS3.8 billion is allocated from the republican budget for the expenses related to COVID-19. KGS1.8 billion has been spent since February 2020 for the: (a) payment to health workers, (b) purchase of disinfectants, test kits, and personal protective equipment, (c) purchase of food wheat grain, (d) provision of financial assistance for the travel of students outside the republic, etc. As of September 15, KGS5.4 billion was allocated from the republican budget, of which KGS5.2 billion was used. Utilization of KGS5.2 billion as of September 15: (a) KGS2.1 billion for the purchase of medical equipment, PCR, reagents, medical products, PPE, (b) KGS785 million for the compensation of medical workers,(c) KGS452 million for the compensation of employees of law enforcement agencies, (d) KGS454 million for medical makeshift hospitals and meals, (e) KGS200 million for the provision of food for low-income families, (e) KGS221 million for the vaccines against flu and pneumococcus, (f) KGS1.1 billion for the provision of grain and medicines.
|Kyrgyz Republic||05A||05A - Health support||KGS|
|Kyrgyz Republic||05B||05B - Income support||KGS||Government of the Kyrgyz Republic. https://www.gov.kg/ky/post/s/okmt-koronaviruska-karshy-krsht-paydalanylchu-bir-katar-importtoluuchu-tovarlardy-kns-boshottu (accessed 17 September 2020).||
No amount/estimate: September 15, The Government of the Kyrgyz Republic has exempted from VAT a number of imported goods used in the fight against coronavirus. The decision is valid from August 1 to December 31, 2020.
|Mexico||05||05 - Health and income support||MXN||270,035,000,000||12,291,638,217||https://latam-investor.com/2020/09/amlo-fears-debt-more-than-coronavirus/# (accessed 30 September 2020).||
(i) No amount/estimate: September 10, President Andres Manuel Lopez Obrador's (AMLO) proposed budget for 2021 continues Mexico's austere fiscal path even during COVID-19, pushing for a primary deficit in the coming year after one of the smallest fiscal packages for countering COVID-19 at 1.2% of GDP
|Mexico||05A||05A - Health support||MXN||180,000,000,000||8,193,363,376||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed on 30 April 2020). Ministry of Finance http://www5.diputados.gob.mx/index.php/esl/Comunicacion/Boletines/2020/Marzo/18/3509-Aprueban-crear-el-Fondo-para-la-Prevencion-y-Atencion-de-Emergencias (Accessed on March 30)||
(i) Ensure that the Ministry of Health has sufficient resources and does not face red-tape, and sufficient supply of medical equipment and materials;(ii) Advance pension payments to the elderly; (iii) Accelerate the tender processes for public spending to ensure full budget execution; (iv) March 18; The Ministry of Finance created a Health Emergency Fund authorized for up to MXN180 billion.
|Mexico||05B||05B - Income support||MXN||90,035,000,000||4,098,274,842||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed on 30 April 2020); AMLO. https://lopezobrador.org.mx/2020/04/05/presidente-anuncia-acciones-para-la-reactivacion-economica-ante-covid-19-en-primer-informe-del-ano-al-pueblo-de-mexico-2/ (accessed 30 April 2020). https://www.pscp.tv/w/1ZkKzLOEjNqJv (accessed on 30 April)||
(i) Frontloading of social pension and disability payments by four months; (ii) Accelerating procurement processes and VAT refunds; (iv) MXN35 million - Some workers accessing loans against their social security accounts; (v) Public housing credit institute covering three months of workers’ debt (defer further six months for those let go); (vi) MXN25 billion - Introduction of drinking water, drainage, pavement, and the construction and improvement of 50,000 homes in marginalized areas of 50 municipalities in the country; (vii) April 5; President Lopez Obrador announced the government would cut Pemex's tax burden by MXN65 billion.
|Nigeria||05||05 - Health and income support||NGN||517,484,000,000||1,586,765,811||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19?fbclid=IwAR3QQSk6OmfE7YbISvq0_ut_FpTD_Bc00gRB-YJ_YA_VB-VlWiYD9PBO0Ro#P (accessed 14 May 2020).||
(i) NGN500 billion of approved fiscal stimulus to support healthcare facilities, provide relief for taxpayers, and incentivize employers to retain and recruit staff during the downturn; (ii) NGN984 million released to Nigeria’s Center for Disease Control (NCDC); (iii) Additional NGN6.5 billion for purchasing more testing kits, opening isolation centers and training medical personnel; (iv) NGN10 billion grant to Lagos State to increase its capacity to contain the outbreak; (iv) No amount/estimate: Import duty waivers for pharmaceutical firms; (v) No amount/estimate: Regulated fuel prices have been reduced; (ii) No amount/estimate: April 1, Suspension of the payment of the new electricity tariffs scheduled to commence on April 2; (vi) April 3, No amount/estimate: Nigerian banks prohibited from retrenching or laying off any staff of any cadre (both full-time and part-time); (vii) No amount/estimate: May 14, The President also ordered an increase of the social register by 1 million households to 3.6 million to help cushion the effect of the lockdown.
|Nigeria||05A||05A - Health support||NGN|
|Nigeria||05B||05B - Income support||NGN|
|Pakistan||05||05 - Health and income support||PKR||1,200,000,000,000||7,231,847,611||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 8 & 15 May, 24 June 2020); Government of Pakistan, Finance Division. http://www.finance.gov.pk/press_releases.html (accessed 12 June 2020).||
(i) March 24, A relief package worth PKR1.2 trillion has been announced by the federal government: (a) PKR200 billion relief to daily wage workers, including PKR75 billion of approved cash disbursements to 6.2 million workers; (b) PKR150 billion, cash transfers to 12 million low-income families; (c) PKR100 billion, accelerated tax refunds to the export industry; (d) PKR100 billion, financial support to SMEs, in the form of relief on electricity bill payments, bank lending support, and subsidies and tax incentives; (e) PKR280 billion, resources for an accelerated procurement of wheat; (f) PKR50 billion, financial support to utility stores; (g) PKR70 billion, relief in fuel prices; (h) PKR110 billion, electricity bill payments relief; (i) PKR100 billion, emergency contingency fund; (j) PKR25 billion, Transfer to the National Disaster Management Authority (NDMA) for the purchase of necessary equipment to deal with the pandemic; (k) PKR15 billion total support for health and food supplies; (ii) June 10, The Economic Coordination Committee approved an amount of PKR480.566 million (part of the fiscal stimulus package) to cover the risk allowance of health care workers performing duties related to COVID-19; (iii) June, PKR50 billion agriculture package for farmers and crop growers (part of the PKR1.2 trillion package), likely consisting of reduction of electricity tariff for tube-wells, reduction of import duty on fertilizers, reduction of mark-up and waiver of agricultural loans, and deregulation of the import and export of agricultural products and livestock; (iv) The FY 2021 budget includes further tariff and custom duty reductions on food items, a PKR70 billion allocation for ‘COVID-19 Responsive and Other Natural Calamities Control Program’, as well as the provision of tax incentives to the construction sector to address the acute employment needs generated by the lockdowns.
|Pakistan||05A||05A - Health support||PKR|
|Pakistan||05B||05B - Income support||PKR|
|Russian Federation||05||05 - Health and income support||RUB||5,507,416,500,000||75,116,532,980||Ministry of Economic Development Russian Federation. https://www.economy.gov.ru/material/news/ekonomika_bez_virusa/biznes_i_sonko_smogut_vospolzovatsya_subsidiyami_na_sredstva_dezinfekcii_s_15_iyulya.html (accessed 2 July 2020), https://www.economy.gov.ru/material/news/ekonomika_bez_virusa/utverzhdeny_pravila_specvyplat_dlya_vzyavshih_na_vremennoe_prozhivanie_pod_opeku_detey_pozhilyh_i_invalidov_na_period_borby_s_koronavirusom.html (accessed 04 June 2020). IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 3 July 2020).||
(i) The total cost of the fiscal package is currently estimated at 4.2% [update] of GDP, with an additional support of RUB32.4 billion for health purposes, divided into the measures below. The government has announced that the package would eventually be increased to around 5% of GDP, to be spent in 2020-21; (ii) April 18, RUB32.4 billion allocated to equip and modernize hospital beds; (iii) June 1, additional RUB145 million allocated for individuals who participated in a mutual aid program for the vulnerable from April 1 to June 30, 2020. Individuals will receive RUB12130 per month for April 1 to June 30, 2020 for each person assisted; (iv) June 25, Allocated RUB20 billion from the reserve fund to carry out preventative disinfection measures for small and medium-sized enterprises (SMEs) and socially-oriented non-governmental organizations.
|Russian Federation||05A||05A - Health support||RUB||Ministry of Economic Development Russian Federation. https://www.economy.gov.ru/material/news/ekonomika_bez_virusa/biznes_i_sonko_smogut_vospolzovatsya_subsidiyami_na_sredstva_dezinfekcii_s_15_iyulya.html (accessed 2 July 2020). Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 6 May 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020).||
(i) April 18, RUB32.4 billion allocated to equip and modernize hospital beds; (ii) No amount/estimate: increased compensation for medical staff as well as health and safety inspectors; (iii) No amount/estimate: zero import duties for pharmaceuticals and medical supplies and equipment; (iv) No amount/estimate: April 2, Drafted a bill that allows organizations to reduce taxable profits on expenses associated with the purchase of personal protective equipment, test systems for diagnosis of coronavirus, and medical equipment for diagnosis and treatment; (v) June 25, Allocated RUB20 billion from the reserve fund to carry out preventative disinfection measures for small and medium-sized enterprises (SMEs) and socially-oriented non-governmental organizations.
|Russian Federation||05B||05B - Income support||RUB||President of the Russian Federation. https://www.minfin.ru/ru/press-center/?id_4=37097-na_obyavlennye_prezidentom_rf_dopolnitelnye_mery_podderzhki_semyam_s_detmi_budet_vydeleno_274_mlrd_rublei (accessed 25 June 2020). Ministry of Finance. https://www.minfin.ru/ru/press-center/?id_4=37095-srok_podachi_zayavlenii_na_predostavlenie_subsidii_msp_za_aprel_2020_goda_prodlen_do_1_iyulya (24 June 2020); Ministry of Economic Development. https://www.economy.gov.ru/material/news/ekonomika_bez_virusa/minekonomrazvitiya_i_fns_nachali_vydachu_subsidiy_postradavshemu_biznesu_i_sonko_na_profilaktiku_koronavirusnoy_infekcii.html (accessed 16 July 2020). https://www.economy.gov.ru/material/news/ekonomika_bez_virusa/minekonomrazvitiya_rasshirilo_reestr_sonko_dlya_okazaniya_mer_podderzhki_v_period_rasprostraneniya_koronavirusa_.html (accessed 17 June 2020), https://www.economy.gov.ru/material/news/rasshiren_perechen_avtomaticheski_prodlevaemyh_razresheniy_i_licenziy.html (accessed 17 June 2020), https://www.economy.gov.ru/material/news/ekonomika_bez_virusa/reshetnikov_popravki_v_zakonodatelstvo_v_sfere_arendy_pomogut_tysyacham_kompaniy_msp.html (accessed 28 May 2020), https://www.economy.gov.ru/material/news/ekonomika_bez_virusa/pravitelstvo_rf_utverdilo_otsrochku_po_imushchestvennym_nalogam_dlya_arendodateley.html (accessed 21 May 2020). CBR. https://cbr.ru/press/event/?id=6691 (accessed 6 May 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 11 November 2020); Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 15 May 2020).||
No amount/estimate: Key measures include: (i) individuals under quarantine to receive sick leave benefits and sick leave pay to equal at least the minimum wage until the end of 2020; (ii) unemployment benefits to equal at least the minimum wage for three months; (iii) all children up to 3 years of age in families eligible for maternity capital to receive an additional lumpsum benefit for 3 months, starting in April, and all families with children to get an additional lumpsum benefit for each child for 3 months if parents lose jobs; (iv) interest rate subsidies for SMEs and systemically important enterprises; (v) tax deferrals for most affected companies on most taxes; (vi) deferrals on social contributions for SMEs in affected sectors for 6 months. As of the first week of November, this has been extended for 3 more months [update]; (vii) social contributions by SMEs on wages in excess of the minimum wage permanently reduced from 30 to 15%; (viii) deferrals on rent payments to all levels of government until the end of the year plus zero rent to the federal government for three months for SMEs in affected sectors; (ix) budget grants for SMEs in affected industries to cover salaries at the rate of one minimum salary per employee for two months; (x) allowed citizens to transfer free of charge up to 100 thousand rubles a month through the Quick Payment System (SBP); (xi) social welfare programs/benefits are automatically extended for six months, and current beneficiaries don't have to keep demonstrating eligiblity during the six months; (xii) May 7, No amount/estimate: Proposed to suspend customs checks and to expand the provision of tax deferrals; (xi) No amount/estimate: May 19, Approved a deferral of property taxes for lessors. Landlords can delay their payments of property and land taxes, provided that they meet eligibility condition; (xii) No amount/estimate: May 27, Allowed SMEs to terminate leases without penalties; (xiii) June 12, Updated the register of socially oriented non-profit organizations (SONCO), which will be provided with additional support measures such as subsidized loans, tax benefits, and extension of deadlines for contributions; (xiv) June 16, Automatically renewed selected permits and licenses across a broad range of industries for the coming year, to reduce the regulatory burden and costs during the pandemic; (xv) June 22, Extended the deadline for SMEs to apply for federal subsidies to cover costs during the coronavirus pandemic which was originally set for June 1, to July 1, 2020; (xvi) June 24, Decided to extend and expand support measures for children and young people during the coronavirus outbreak. Parents and children under the age of 16 are entitled to regular payments by the Russian government; (xvii) July 15, The Ministry of Economic Development and the Federal Tax Service began to provide subsidies to socially-oriented non-profit organizations (SONCO) and small and medium-sized enterprises (SMEs) to prevent the coronavirus infection.