Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Bangladesh 05 05 - Health and income support BDT 37,400,000,000 440,258,976 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 1 May 2020).

(i) No amount/estimate: At end-March, the Ministry of Finance issued a revised budget for FY20 that includes additional resources to fund the Ministry of Health COVID-19 Preparedness and Response Plan, and to expand existing transfer programs that benefit the poor. Increased allocation has been made to the Open Market Sale (OMS) program to facilitate the purchase of rice at one-third of the market price, , and the Ministry of Disaster Management and Relief has distributed more than 24,000 tons of food at the district level; and (ii) April 15, The Prime Minister announced the allocation of BDT21.3 billion under a housing scheme for the homeless, BDT7.6 for poor people having lost their jobs as a result of the pandemic, BDT7.5 billion to provide health insurance for government employees most at risk, and a BDT1 billion bonus payment for government doctors and health workers treating COVID-19 patients.

Bangladesh 05A 05A - Health support BDT
Bangladesh 05B 05B - Income support BDT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 14 April 2020).

The Ministry of Finance will subsidize interest payments as mentioned in Measure 2 on working capital loans by scheduled banks to businesses.

Bhutan 05 05 - Health and income support BTN/INR 32,000,000,000 430,592,553
Bhutan 05A 05A - Health support BTN/INR 2,000,000,000 26,912,035 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020).

April, An additional resource of BTN2 billion will be provided to the Ministry of Health to meet health-related spending.

Bhutan 05B 05B - Income support BTN/INR 30,000,000,000 403,680,518 Official Statement from the Office of the Prime Minister of Bhutan. https://bit.ly/2yrZXYx (accessed 13 April 2020); Official statement from the PMO. https://bit.ly/3b6ygCh (accessed 6 May 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 8 May 2020).

April, The National Resilience Fund has been approved and established. With a fund size amounting to about BTN30 billion, the resources will support the implementation of the following activities: No amount/estimate: (i) Grant of the Druk Gyalpo’s Relief Kidu to people who have been laid off or placed on reduced salaries to provide them immediate financial support. April 30, The Druk Gyalpo's Relief Kidu has granted BTN150 million as the first disbursement of the Relief Kidu to 13,006 people; (iii) Interest waiver (50% of cost) - effective May 1, the Royal Monetary Authority announced that the interest waiver would also be extended to non-performing loan accounts for a period of three months (April–June). The government will finance 50% of the total interest payment and the financial institutions offered to support the other 50%; (iv) Fast-track the implementation of the 12th Five Year Plan and wherever possible frontload the investments; (v) Business income tax (BIT) and corporate income tax (CIT) filing and tax payment for the income year 2019 will be deferred until June 30; (vi) Deferred payment of sales tax and customs duty on essential items (March–June); and (vii) Waiver of payment of rent and other charges (April–June ) by tourism-related business entities leasing government properties.

India 05 05 - Health and income support INR 10,599,246,500,000 142,623,643,978 Financial Times. https://www.ft.com/content/5734f333-e4d7-4ebf-9de2-220e537da3f0?accessToken=zwAAAXIRWB3Ykc9XNPMz5NdOv9Od4iIOU32j8A.MEQCIE1obkN05q4qkjoiBgF6riG66o6ocs0SQWfl2AsFIikHAiADu_DmNRDP9bo3QfxgYpytmLV8FGnEHOa8g66dgBdahQ&sharetype=gift?token=4a849e3f-c1b7-487d-ba1d-e73f283cd8c8 (accessed 14 May 2020). India Economics Update, Capital Economics.

Three measures have already been announced as direct support to income/revenue. The first, mainly devoted to health, totalled around INR150 billion (about 0.1% of GDP). The second, focusing on nonhealth initiatives, totalled around INR2 trillion (1% of GDP). Finally, on May 13, USD112.5 billion (4% of GDP) in fiscal support was announced, which is part of the USD266 billion support package announced by Prime Minister Modi. The complete breakdown of which is yet to be disclosed [update].

India 05A 05A - Health support INR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 5 May 2020).

(i) Prime Minister Modi announced that an additional INR150 billion (about 0.1% of GDP) will be devoted to health infrastructure, including for COVID-19 testing facilities, personal protective equipment, isolation beds, intensive care unit (ICU) beds, and ventilators; (ii) No amount/estimate: Reduction and/or eliminations of tariffs for imports of medical or surgical instruments and supplies along with eemptions fom "health cess."

India 05B 05B - Income support INR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 5 May 2020).

(i) March 26, Finance Minister Sitharaman announced a stimulus package valued at approximately 0.8% of GDP. The key elements of the package are (a) in-kind (food, cooking gas) and cash transfers to lower-income households; (b) insurance coverage for workers in the health-care sector; and (c) wage support to low-wage workers (in some cases for those still working, and in other cases by easing the criteria for receiving benefits in the event of job loss); (ii) No amount/estimate: Several measures to ease the tax compliance burden across a range of sectors have also been announced, including postponing some tax filing and other compliance deadlines; (iii) Numerous state governments have also announced measures to support the health and well-being of lower-income households, primarily in the form of direct transfers (free food rations and cash transfers)—the magnitude of these measures varies by state, but on aggregate measures thus far amount to approximately 0.2% of India’s GDP.

Maldives 05 05 - Health and income support MVR 2,500,000,000 162,665,470 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 13 April 2020).

March 20, To minimize the economic impact of the COVID–19 virus, the authorities announced an Economic Recovery Plan of MVR2.5 billion (2.8% of GDP). Under the plan, the Government of Maldives will (i) reduce recurrent expenditure by MVR1 billion (1.1% of GDP), (ii) increase the amount of funds allocated for the health sector, (iii) subsidize 40% of electricity bills and 30% of water bills for the months of April and May, and (iv) special allowance to those who lose their jobs due to Covid-19.

Maldives 05A 05A - Health support MVR
Maldives 05B 05B - Income support MVR
Nepal 05 05 - Health and income support NPR
Nepal 05A 05A - Health support NPR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 14 May 2020).

No amount/estimate: March 30, Health spending will be increased, including by providing additional insurance coverage to all medical personnel fighting the coronavirus, importing additional medical supplies (with duty on said items eliminated), and setting up quarantine centers and temporary hospitals.

Nepal 05B 05B - Income support NPR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 14 May 2020).

No amount/estimate: (i) March 30, Social assistance will be strengthened by providing those most vulnerable with daily food rations, subsidizing utility bills for low-usage customers, extending tax-filing deadlines, and taking measures to partially compensate those in the formal sector for lost wages in the event of job loss; (ii) April 26, Informal sector workers who have lost their jobs due to the ongoing crisis will be given the opportunity to participate in public-works projects for a subsistence wage or receive 25% of local daily wage should they choose not to participate [update].

Sri Lanka 05 05 - Health and income support LKR 32,131,761,462 173,632,000
Sri Lanka 05A 05A - Health support LKR 16,112,144,901 87,066,000 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 14 May 2020).

April: (i) The government has allocated up to 0.1% of GDP for quarantine and other containment measures; (ii) USD5 million (0.01% of GDP) allocated to the South Asian Association for Regional Cooperation (SAARC) COVID-19 Emergency Fund; (iii) The President has also established a special fund for containment and mitigation, inviting local and foreign tax-free donations.

Sri Lanka 05B 05B - Income support LKR 16,019,616,561 86,566,000 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 14 May 2020).

(i) March 30, The President recently announced that cash transfer payments totaling around 0.1% of GDP will also be made to vulnerable groups; April: (ii) The 2020 first quarter payment deadlines for income tax, value-added tax, and certain other taxes have been extended until end-April; (iii) Other measures announced include tax exemptions for imported masks and disinfectant, and price ceilings on essential food items, as well as food allowances for low-income consumers; (iv) The President has also established a Task Force on Economic Revival and Poverty Eradication and a special fund for social welfare spending, inviting local and foreign tax-free donations.

Bangladesh 05 05 - Health and income support BDT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 14 April 2020).

No amount/estimate: (i) At end-March, the Ministry of Finance issued a revised budget for FY20 that includes additional resources to fund the Ministry of Health COVID-19 Preparedness and Response Plan, and to expand existing transfer programs that benefit the poor. Increased allocation has been made to the Open Market Sale (OMS) program to facilitate the purchase of rice at one-third of the market price, , and the Ministry of Disaster Management and Relief has distributed more than 24,000 tons of food at the district level. The government also intends to increase allowances for widows and abused women, provide housing for the homeless, and develop cash transfer programs to reach the urban poor; and (ii) The National Board of Revenue has suspended duties and taxes on imports of medical supplies, including protective equipment and test kits.

Bangladesh 05A 05A - Health support BDT
Bangladesh 05B 05B - Income support BDT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 14 April 2020).

The Ministry of Finance will subsidize interest payments as mentioned in Measure 2 on working capital loans by scheduled banks to businesses.

Bhutan 05 05 - Health and income support BTN/INR 30,000,000,000 403,680,518
Bhutan 05A 05A - Health support BTN/INR
Bhutan 05B 05B - Income support BTN/INR 30,000,000,000 403,680,518 Official Statement from the Office of the Prime Minister of Bhutan. https://bit.ly/2yrZXYx (accessed 13 April 2020).

April: The National Resilience Fund has been approved and established. With a fund size amounting to about BTN30 billion, the resources will support the implementation of the following activities: No amount/estimate: (i) Grant of the Druk Gyalpo’s Relief Kidu to people who have been laid off or placed on reduced salaries to provide them immediate financial support; (ii) Interest payment relief to the borrowers facing difficulties in fulfilling their loan repayment obligations due to the current economic downturn. The relief includes deferment of loan repayment by three months and waiver on interest payment for loans from April to June 2020; (iii) The government will finance 50% of the total interest payment and the financial institutions offered to support the other 50%; (iv) fast-track the implementation of the 12th five year plan and wherever possible frontload the investments; (v) Business income tax (BIT) and corporate income tax (CIT) filing and tax payment for the income year 2019 will be deferred until June 30; (vi) Deferred payment of sales tax and customs duty on essential items (March–June).

India 05 05 - Health and income support INR 2,239,849,300,000 30,139,450,868
India 05A 05A - Health support INR 150,000,000,000 2,018,402,590 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 16 April 2020).

Prime Minister Modi announced that an additional INR150 billion (about 0.1% of GDP) will be devoted to health infrastructure, including for COVID-19 testing facilities, personal protective equipment, isolation beds, intensive care unit (ICU) beds, and ventilators.

India 05B 05B - Income support INR 2,089,849,300,000 28,121,048,277 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 16 April 2020).

March 26, Finance Minister Sitharaman announced a stimulus package valued at approximately 0.8% of GDP. The key elements of the package are (i) in-kind (food, cooking gas) and cash transfers to lower-income households; (ii) insurance coverage for workers in the health-care sector; and (iii) wage support to low-wage workers (in some cases for those still working, and in other cases by easing the criteria for receiving benefits in the event of job loss). Several measures to ease the tax compliance burden across a range of sectors have also been announced, including postponing some tax filing and other compliance deadlines. Numerous state governments have also announced measures to support the health and well-being of lower-income households, primarily in the form of direct transfers (free food rations and cash transfers)—the magnitude of these measures varies by state, but on aggregate measures thus far amount to approximately 0.2% of India’s GDP.

Maldives 05 05 - Health and income support MVR 2,500,000,000 162,665,470 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 13 April 2020).

March 20, To minimize the economic impact of the COVID–19 virus, the authorities announced an Economic Recovery Plan of MVR2.5 billion (2.8% of GDP). Under the plan, the Government of Maldives will (i) reduce recurrent expenditure by MVR1 billion (1.1% of GDP), (ii) increase the amount of funds allocated for the health sector, (iii) subsidize 40% of electricity bills and 30% of water bills for the months of April and May, and (iv) special allowance to those who lose their jobs due to COVID-19.

Maldives 05A 05A - Health support MVR
Maldives 05B 05B - Income support MVR
Nepal 05 05 - Health and income support NPR
Nepal 05A 05A - Health support NPR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 19 April 2020).

No amount/estimate: March 30, Health spending will be increased, including by providing additional insurance coverage to all medical personnel fighting the coronavirus, importing additional medical supplies (with duty on said items eliminated), and setting up quarantine centers and temporary hospitals.

Nepal 05B 05B - Income support NPR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 19 April 2020).

No amount/estimate: March 30, Social assistance will be strengthened by providing those most vulnerable with daily food rations, subsidizing utility bills for low-usage customers, extending tax-filing deadlines, and taking measures to partially compensate those in the formal sector for lost wages in the event of job loss.

Sri Lanka 05 05 - Health and income support LKR 32,131,761,462 173,632,000
Sri Lanka 05A 05A - Health support LKR 16,112,144,901 87,066,000 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 16 April 2020).

April: (i) The government has allocated up to 0.1% of GDP for quarantine and other containment measures; (ii) USD5 million (0.01% of GDP) allocated to the South Asian Association for Regional Cooperation (SAARC) COVID-19 Emergency Fund; (iii) The President has also established a special fund for containment and mitigation, inviting local and foreign tax-free donations.

Sri Lanka 05B 05B - Income support LKR 16,019,616,561 86,566,000 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 16 April 2020).

(i) March 30, The President recently announced that cash transfer payments totaling around 0.1% of GDP will also be made to vulnerable groups; April: (ii) The 2020 first quarter payment deadlines for income tax, value-added tax, and certain other taxes have been extended until end-April; (iii) Other measures announced include tax exemptions for imported masks and disinfectant, and price ceilings on essential food items, as well as food allowances for low-income consumers; (iv) The President has also established a Task Force on Economic Revival and Poverty Eradication and a special fund for social welfare spending, inviting local and foreign tax-free donations.