|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||05B1||05B1 - Tax and contribution deferrals and policy changes||EUR|
|European Central Bank||05B2||05B2 - Tax and contribution rates reduction||EUR|
|European Central Bank||05B3||05B3 - Subsidies to individuals and households||EUR|
|European Central Bank||05B4||05B4 - Subsidies to businesses||EUR|
|European Central Bank||05B5||05B5 - Indirect income support||EUR|
|European Central Bank||05B6||05B6 - No breakdown (income support)||EUR|
|European Central Bank||05C||05C - No breakdown (health and income support)||EUR|
|European Union||05||05 - Health and income support||EUR||16,446,000,000||18,192,477,876|
|European Union||05A||05A - Health support||EUR||11,319,000,000||12,521,017,699||OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 15 April 2020); EC. https://www.consilium.europa.eu/en/press/press-releases/2020/09/11/addressing-covid-19-council-approves-6-2-billion-budget-increase-for-2020/ (accessed 12 September 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1671 (accessed 21 September 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1680 (accessed 21 September 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1416 (accessed 1 August 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1829 (accessed 10 October 2020); EIB. https://www.eib.org/en/press/all/2020-271-covid-19-eib-provides-eur50-million-to-navarre-to-strengthen-its-health-response-to-covid-19 (accessed 15 October 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_2041 (accessed 20 January 2021); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_2136 (accessed 21 November 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_2200 (accessed 28 November 2020); Council of the EU. https://www.consilium.europa.eu/en/press/press-releases/2020/12/07/council-greenlights-temporary-vat-relief-on-covid-19-vaccines-and-test-kits/ (accessed 7 December 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_21_50 (accessed 15 January 2021); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_21_51 (accessed 20 January 2021).||
(i) 13 March 2020, 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 2020, The European Commission (EC) 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 2020, The EC presented legislative proposals for an Emergency Support Instrument for the healthcare sector, (EUR3 billion) from the EU budget. 11 September 2020, The EC agreed to add EUR6.2 billion to the EU 2020 budget to address the impact of the COVID-19-crisis and to fund inter alia the vaccine strategy. The revised budget increases payments for the Emergency Support Instrument (ESI) by EUR1.09 billion to ensure the development and deployment of a COVID-19 vaccine. The Commission will use this money as a down-payment for pre-ordering vaccine doses. 18 September 2020, EU allocates EUR150 million for the transport of essential medical items through the ESI and entered into a contract with Sanofi-GSK to purchase up to 300 million doses of the Sanofi-GSK vaccine; (iv) EUR63 million, EC secures EU access to Remdesivir (first European treatment authorized for COVID-19); (v) No amount/estimate: 8 October 2020, the EC approved a third contract with a pharmaceutical company, Janssen Pharmaceutica NV, one of the Janssen Pharmaceutical Companies of Johnson & Johnson. Once the vaccine has proven to be safe and effective against COVID-19, the contract allows EU Member States to purchase vaccines for 200 million people. They will also have the possibility to purchase vaccines for an additional 200 million people; (vi) 13 October 2020, EIB is providing EUR50 million to the Autonomous Community of Navarre, Spain to strengthen its capacity to respond to the COVID-19 health crisis. The EU bank financing will enable the Spanish region to adapt its healthcare infrastructure to meet the additional costs generated by the pandemic; (vii) No amount/estimate: 11 November 2020, In order to step up the fight against the COVID-19 pandemic and future health emergencies, The EC is taking the first steps towards building the European Health Union. The Commission is putting forward a set of proposals to strengthen the EU's health security framework, and to reinforce the crisis preparedness and response role of key EU agencies; (viii) No amount/estimate: 17 November 2020, The EC approves a fifth contract with CureVac for the initial purchase of 225 million doses of potential vaccine; (ix) No amount/estimate: 25 November 2020, The EC approved a sixth contract under the EU Vaccines Strategy, with the pharmaceutical company Moderna. The contract provides for the initial purchase of 80 million doses on behalf of all EU Member States; (x) 7 December 2020: The Council of Europe adopted amendments to the directive on the common system of value added tax (VAT) to allow member states to temporarily exempt COVID-19 vaccines and testing kits, as well as closely related services, from VAT; (xi) 11 January 2021, The EC supports blood services to increase COVID-19 convalescent plasma collection with grants amounting to EUR36 million financed through the ESI; (xii) No amount/estimate: 12 January 2020, The EC concluded exploratory talks with the pharmaceutical company Valneva with a view to purchasing its potential vaccine against COVID-19. The envisaged contract with Valneva would provide for the possibility for all EU Member States to purchase together 30 million doses, and they could further purchase up to 30 million more doses.
|European Union||05B||05B - Income support||EUR||327,000,000||361,725,664|
|European Union||05B1||05B1 - Tax and contribution deferrals and policy changes||EUR|
|European Union||05B2||05B2 - Tax and contribution rates reduction||EUR|
|European Union||05B3||05B3 - Subsidies to individuals and households||EUR||179,000,000||198,008,850||OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 15 April 2020).||
Mobilized European Globalisation Adjustment Fund to support dismissed workers and those self-employed (up to EUR179 million available in 2020).
|European Union||05B4||05B4 - Subsidies to businesses||EUR||148,000,000||163,716,814||OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 15 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_1221 (accessed 9 July 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1872 (accessed 15 October 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1007 (accessed 12 June 2020).||
(i) No amount/estimate: 19 March 2020, EU Commission intends to allow State aid for struggling businesses and enable Member States to use the full flexibility foreseen under State aid rules. On 8 May 2020, 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. 29 June 2020, third amendment to the State aid extends Temporary Framework to enable Member States to provide public support under the Temporary Framework to all micro and small companies, even if they were already in financial difficulty on 31 December 2019; 13 October 2020, EC has decided to prolong and extend the scope of the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the context of the coronavirus outbreak. All sections of the Temporary Framework are prolonged for six months until 30 June 2021, and the section to enable recapitalization support is prolonged for three months until 30 September 2021; (ii) 8 June 2020, European Innovation Council (EIC) Accelerator Pilot fund issued grants of EUR148 million to innovative companies.
|European Union||05B5||05B5 - Indirect income support||EUR|
|European Union||05B6||05B6 - No breakdown (income support)||EUR|
|European Union||05C||05C - No breakdown (health and income support)||EUR||4,800,000,000||5,309,734,513||EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_997 (accessed 12 June 2020); ESF. https://esf.ie/en/covid-19/react-eu/ (accessed 5 September 2020).||
(i) June 2020, EUR4.8 billion (in grants from the amended 2020 annual EU budget) for REACT-EU that will provide additional funding for the most important sectors that will be crucial to lay the basis for a sound recovery. This will involve investment to support job maintenance, including through short-time work schemes and support for the self-employed. The funds can also be used to support job creation and youth employment measures, to health care systems and the provision of working capital and investment support for small and medium-sized enterprises. Such support will be available across economic sectors, including for the much-affected tourism and culture sectors. The additional support will also serve to invest in the European Green Deal and digital transition, as an enhancement to the significant investment in those areas that is already taking place through EU cohesion policy.
|Hong Kong, China||05||05 - Health and income support||HKD||299,970,000,000||38,630,539,207|
|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||269,970,000,000||34,767,098,943|
|Hong Kong, China||05B1||05B1 - Tax and contribution deferrals and policy changes||HKD|
|Hong Kong, China||05B2||05B2 - Tax and contribution rates reduction||HKD|
|Hong Kong, China||05B3||05B3 - Subsidies to individuals and households||HKD||83,500,000,000||10,753,242,070||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/2020/06/20200608/20200608_192340_279.html?type=category&name=covid19 (accessed 11 June 2020) News.gov.hk. https://www.news.gov.hk/eng/2020/07/20200701/20200701_103654_754.html?type=category&name=covid19 (accessed 3 July 2020). News.gov.hk. https://www.news.gov.hk/eng/2020/07/20200710/20200710_171954_233.html?type=category&name=covid19 (accessed 16 July 2020). News.gov.hk. https://www.news.gov.hk/eng/2020/07/20200728/20200728_174801_237.html?type=category&name=covid19 (accessed 14 August 2020). News.gov.hk. https://www.news.gov.hk/eng/2020/09/20200925/20200925_151755_190.html?type=category&name=covid19 (accessed 2 October 2020).||
(i)Temporary job creation (HKD6 billion or 0.2% 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) 8 June 2020, Authorities announced further support for the travel industry by enhancing the Green Lifestyle Local Tour Incentive Scheme (with increased funding of HKG50 million). (v) 1 July 2020, HKD6 billion under the Anti-epidemic Fund to create around 30,000 time-limited jobs in both public and private sectors in the coming two years for people of different skill sets and academic qualifications. (vi) No amount/estimate: 10 July 2020, Announced an additional HKD6,000 ex-gratia payment under the Anti-epidemic Fund to public rental housing applicants who have accepted advance allocation offers for Fai Ming Estate in Fanling and Chun Yeung Estate in Fo Tan. (vii) 28 July 2020, Authorities announced a 2-month waiver for public rental housing tenants worth HKD3.5 billion for the months of September 2020 and 2021 along with a 9.66% rent increase. (viii) No amount/estimate: 25 September 2020, Authorities opened applications for salary subsidies for new positions that aim to create 1,500 new jobs in the financial services industry.
|Hong Kong, China||05B4||05B4 - Subsidies to businesses||HKD||73,920,000,000||9,519,516,812||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/2020/07/20200708/20200708_102820_957.html?type=category&name=covid19 (accessed 16 July 2020). News.gov.hk. https://www.news.gov.hk/eng/2020/07/20200708/20200708_182259_512.html?type=category&name=covid19 (accessed 16 July 2020). News.gov.hk. https://www.news.gov.hk/eng/2020/09/20200916/20200916_144229_043.html?type=category&name=covid19; https://www.news.gov.hk/eng/2020/09/20200921/20200921_121022_367.html?type=category&name=covid19(accessed 24 September 2020). News.gov.hk. https://www.news.gov.hk/eng/2021/01/20210113/20210113_170300_302.html?type=category&name=covid19 (accessed 27 January 2021). News.gov.hk. https://www.news.gov.hk/eng/2021/01/20210105/20210105_140418_783.html?type=category&name=covid19 (accessed 5 February 2021). News.gov.hk. https://www.news.gov.hk/eng/2021/01/20210105/20210105_140708_603.html?type=category&name=covid19 (accessed 5 February 2021); News.gov.hk. https://www.news.gov.hk/eng/2021/01/20210107/20210107_111013_571.html?type=category&name=covid19 (accessed 5 February 2021). News.gov.hk. https://www.news.gov.hk/eng/2021/01/20210113/20210113_170300_302.html?type=category&name=covid19 (accessed 5 February 2021).||
(i) Employment subsidy scheme (HKD80 billion or 2.8% of GDP). (ii) No amount/estimate: 2 June 2020, Introduction of a subsidy scheme for employment agencies that provide foreign domestic helper placement services from the Anti-Epidemic Fund. (iii) 8 July 2020, HKD1.02 billion for the Convention & Exhibition Industry Subsidy Scheme under the Anti-epidemic Fund which provides a 50% subsidy for participation fees in exhbitions organized by the the Hong Kong Trade Development Council. (iv) No amount/estimate: 8 July 2020, Increased rental concessions for eligible tenants from 50% to 75% through September, extended the measure’s scope to cover more businesses, and provided full rental waivers for businesses that have had to completely cease operations due to anti-epidemic measures during the closure period. (v) No amount/estimate: 16 September 2020, Authorities announced further rent relief and enhanced concessional rates to non-domestic tenements for the third and fourth quarters of 2020-2021. On 21 September 2020, the Hong Kong Housing Authority also announced extended rent concessions for non-domestic tenants by another 6 months from 1 October 2020. (vi) No amount/estimate: 5 January 2021, Began accepting applications for a one-off HKD100,000 subsidy for licensed billiard establishments, public bowling alleys, and skating rinks. The Places of Amusement License Holders Subsidy Scheme, relaunched under the fourth-round of the Anti-epidemic Fund, provides subsidies to the eligible license holders whose businesses have been directly affected by the anti-epidemic and social distancing measures imposed by the Government. The application deadline is February 4 [update]. (vii) 5 January 2021, Increased funding for its "Distance Programme" under the Anti-epidemic Fund to HKD1.9 billion from HKD1.5 billion. The program helps businesses fund technology solutions and purchases to continue to do business during the COVID-19 pandemic and lockdowns [update]. (viii) No amount/estimate: 7 January 2021, Opened a new round of its "Fitness Centre Subsidy Scheme" on January 8. The scheme will provide a one-off subsidy of HKD100,000 to each fitness center to ease financial burdens from their forced closure since December 10, 2020. The application deadline is February 8 [update]. (ix) No amount/estimate: 13 January 2021, Announced launch of another round of the Subsidy Scheme for Beauty Parlors, Massage Establishments & Party Rooms under the Anti-epidemic Fund. Under the scheme, beauty parlors or massage establishments with one to two workers will receive a one-off subsidy of HKD30,000, while those with three to four employees will receive HKD60,000 and those which employ five or more workers will receive HKD100,000. The maximum subsidy amount for beauty parlor or massage establishment chain stores operated by a single entity under the same business registration is HKD3 million [update].
|Hong Kong, China||05B5||05B5 - Indirect income support||HKD||12,050,000,000||1,551,815,173||News.gov.hk. https://www.news.gov.hk/eng/2020/06/20200608/20200608_192340_279.html?type=category&name=covid19 (accessed 11 June 2020)||
8 June 2020, Support for the travel industry through the subsidy initiative for tourist guides that subsidizes training costs (which was extended until 27 April 2021).
|Hong Kong, China||05B6||05B6 - No breakdown (income support)||HKD||100,500,000,000||12,942,524,887||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#P (accessed 6 May 2020).||
(i) Tax and fee reliefs and other one-off relief measures (HKD79.5 billion or 2.8% of GDP). (ii) Sector-specific relief measures (HKD21 billion or 0.7% of GDP).
|Hong Kong, China||05C||05C - No breakdown (health and income support)||HKD|
|Mongolia||05||05 - Health and income support||MNT||5,518,793,142,083||2,002,087,958|
|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 2020, Health sector measures (USD71.9 million).
|Mongolia||05B||05B - Income support||MNT||5,320,599,438,672||1,930,187,958|
|Mongolia||05B1||05B1 - Tax and contribution deferrals and policy changes||MNT|
|Mongolia||05B2||05B2 - Tax and contribution rates reduction||MNT||890,585,175,966||323,083,292||Mongolian News Agency. https://montsame.mn/en/read/248751 (accessed 8 January 2021); ADB. https://www.adb.org/sites/default/files/project-documents/54174/54174-001-rrp-en.pdf (accessed 26 May 2020).||
(i) 20 March 2020, support to vulnerable businesses and fiscal stimulus measures, 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) Import tax and duties exemption of food products (USD3.6 million); (ii) 31 December 2020, The government approved the cancellation of penalties for late payment of social security contributions due between 1 October and 31 December 2020 (estimated at MNT30 billion, about USD10.8 million).
|Mongolia||05B3||05B3 - Subsidies to individuals and households||MNT||426,157,810,118||154,600,000||ADB. https://www.adb.org/sites/default/files/project-documents/54174/54174-001-rrp-en.pdf (accessed 26 May 2020).||
(i) March 2020, 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.
|Mongolia||05B4||05B4 - Subsidies to businesses||MNT||3,353,856,452,588||1,216,700,000||ADB. https://www.adb.org/sites/default/files/project-documents/54174/54174-001-rrp-en.pdf (accessed 26 May 2020).||
March 2020, Support to vulnerable businesses and fiscal stimulus measures, which includes (a) Rental relief (USD7.2 million); (b) Cashmere sector support (USD118.1 million); (c) Discount on agricultural equipment (USD12.3 million); (d) Capital projects (of which two-thirds does not yet have financing) (USD1,079.1 million).
|Mongolia||05B5||05B5 - Indirect income support||MNT|
|Mongolia||05B6||05B6 - No breakdown (income support)||MNT||650,000,000,000||235,804,666||Mongolian News Agency. https://montsame.mn/en/read/246561 (accessed 14 December 2020).||
13 December 2020, The government decided to write off payments of utility bills (electricity, heat, water, and waste bills) of households and some enterprises for seven months with MNT650 billion (USD235.8 million) funding from Erdenet Mining Corporation, one of Mongolia's biggest state-owned enterprises, from 1 December 2020 to 1 July 2021.
|Mongolia||05C||05C - No breakdown (health and income support)||MNT|
|People's Republic of China||05||05 - Health and income support||CNY||9,175,875,000,000||1,307,463,652,285|
|People's Republic of China||05A||05A - Health support||CNY||45,660,000,000||6,506,059,680||NHC. http://en.nhc.gov.cn/2020-06/19/c_80841.htm (accessed 17 June 2020); Xinhua Net. http://www.xinhuanet.com/english/2020-07/12/c_139206895.htm (accessed 13 July 2020); The State Council The People's Republic of China. http://english.www.gov.cn/policies/policywatch/202008/04/content_WS5f28a5ebc6d029c1c2637269.html (accessed 4 August 2020); The State Council The People's Republic of China. http://www.gov.cn/xinwen/2020-12/31/content_5575912.htm (accessed 20 January 2021).||
(i) No amount/estimate: June 17, Increased the subsidy standard for basic public health services per capita to 74 yuan, for the prevention and control of the new coronary pneumonia epidemic situation, to strengthen the grass-roots epidemic prevention and control; (ii) July 13, China's National Development and Reform Commission (NDRC) has allocated CNY45.66 billion to boost the capacity for the prevention, control and treatment of diseases; (iii) No amount/estimate: August 5, The State Council has pledged to bolster China's COVID-19 testing capacity and develop technologies that can produce more accurate results more quickly as the country braces for a possible spike in infections in autumn and winter. Improving testing capacity will be a key measure in coordinating epidemic containment and socioeconomic development; (iv) No amount/estimate: The Customs Tariff Commission of the State Council lowered tariffs on various medical products, such as borosilicate glass tubes required for producing new corona virus vaccines.