|Economy||Measure Code||Measure||Currency Code||Amount (Local)||Amount (USD)||Source||Post Date||Details|
|Bangladesh||05A||05A - Health support||BDT||8,500,000,000||100,058,858||Ministry of Finance. https://mof.portal.gov.bd/sites/default/files/files/mof.portal.gov.bd/page/ed9e8b19_ccba_4cca_94b1_c40013f7a760/MTMPS_2020-21_English.pdf (accessed 29 June 6).||
(i) BDT1 billion Special Honorarium for doctors, nurses, medical workers; (ii) BDT7.5 billion compensation in case infection/death.
|Bangladesh||09||09 - International Assistance Provided||BDT|
|Bangladesh||09A||09A - Swaps||BDT|
|Bangladesh||09B||09B - International loans/grants||BDT|
|Bangladesh||11||11 - Other Economic Measures||BDT||Bangladesh Bank. https://www.bb.org.bd/mediaroom/circulars/brpd/jun102020brpd12.pdf (accessed 29 June 2020).||
BB instructed banks to waive customers interest for the period from 1 April to 31 May based unclassified loan outstanding balance as at 30 March 2020. According to the instruction, loan balance upto BDT 0.1m, waiver the whole amount of interest; loan balance more than BDT 0.1m to BDT 1m interest, interest waiver @2% annually; loan balance more than BDT 1m; interest waiver @1%. Customer wise maximum amount of waiver is BDT 1.2m.
|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 24 July 2020); Ministry of Health. https://www.gov.bt/covid19/?p=1658 (accessed 22 July 2020).||
(i) April, An additional resource of BTN2 billion will be provided to the Ministry of Health to meet health-related spending; (ii) No amount/estimate: July 20, The government announced the exemption of COVID19 testing fees for the following categories of travellers: (a) undergraduate students and (b) referred patients and patient attendants approved by the referral committee.
|Bhutan||09||09 - International Assistance Provided||BTN/INR|
|Bhutan||09A||09A - Swaps||BTN/INR|
|Bhutan||09B||09B - International loans/grants||BTN/INR|
|Bhutan||11||11 - Other Economic Measures||BTN/INR||3,000,000,000||40,368,052||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 24 July 2020); Royal Monetary Authority. https://www.rma.org.bt/rgobbond.jsp (accessed 01 October 2020).||
(i) Office of Consumer Protection has published market price information of essential commodities as of March 11, to monitor and keep track of price movement in the market and provide information to consumers for informed purchase decision; (ii) March 24, A ban on select food product (e.g., betel leaf, betel nut) import from India has been imposed to curb the spread of COVID-19; (iii) June 29, Import of luxury motor vehicles and bikes have been suspended; (iv) September 4, The Royal Monetary Authority announced the issuance of a 3-year government bond of BTN3,000 million with an annual coupon rate of 6.5% to promote capital market development amid the pandemic [update].
|India||05A||05A - Health support||INR||Press Information Bureau. https://pib.gov.in/PressReleseDetail.aspx?PRID=1633516 (accessed 24 June 2020). IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 5 May 2020).||
Prime Minister Modi announced that an additional INR150 billion 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"; (iii) June 23, Allocated from the Prime Minister CARES Trust fund INR2 billion for supply of 50000 ‘Made-in-India’ ventilators to government-run COVID19 hospitals.
|India||09||09 - International Assistance Provided||INR||59,452,955,789||800,000,000|
|India||09A||09A - Swaps||INR||59,452,955,789||800,000,000||The Print India. https://theprint.in/diplomacy/india-extends-250-million-support-to-maldives-to-overcome-economic-impact-of-covid-19/506718/ (accessed 21 September 2020). The Edition. https://edition.mv/news/18854 (accessed 3 September 2020). Economic Times. https://economictimes.indiatimes.com/news/economy/finance/rbi-signs-documents-to-extend-400mn-currency-swap-facility-to-sri-lanka-indian-mission/articleshow/77166348.cms (accessed 27 July 2020). IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 5 May 2020).||
(i) April 15, A request was made by Sri Lanka to enter into a Bilateral Currency Swap Agreement with the Reserve Bank of India for USD400 million. As of July 25, the Reserve Bank of India (RBI) has signed the documents formally extending the facility to Sri Lanka; (ii) April, RBI entered into a swap currency agreement with the facility with the Maldives Monetary Authority amounting to USD150 million. On September 1, The duration of the currency swap agreement signed between Maldives and India was extended. Presently, Maldives has already received USD150 million under this agreement. In addition, MMA revealed that the Government of India would grant further financing up to USD250 million. As of September 20, the remaining USD250 million financial assistance has been provided by India to the Maldives.
|India||09B||09B - International loans/grants||INR|
|India||11||11 - Other Economic Measures||INR||382,500,000,000||5,146,926,607||RBI. https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=50324 (accessed 17 September 2020). Securities and Exchange Board of India. https://www.sebi.gov.in/legal/circulars/jul-2020/relaxation-from-compliance-with-provisions-of-the-sebi-issue-and-listing-of-debt-securities-regulations-2008-ilds-regulation-sebi-non-convertible-redeemable-preference-shares-regulations-20-_47071.html (accessed 17 July 2020), https://www.sebi.gov.in/legal/circulars/jul-2020/relaxation-from-compliance-with-certain-provisions-of-the-sebi-issue-and-listing-of-municipal-debt-securities-regulations-2015-ildm-regulations-and-certain-sebi-circulars-due-to-the-covid-19-vir-_47015.html (accessed 8 July 2020); Ministry of Finance. https://pib.gov.in/PressReleasePage.aspx?PRID=1625319 (accessed 21 May 2020); WTO. https://www.wto.org/english/tratop_e/covid19_e/covid19_e.htm#faq (accessed 5 May 2020). IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 1 October 2020).||
No amount/estimate: (i) Amendments introduced to the export policy of several products; (ii) May 17, Enhancements to the Ease of Doing Business Act and decriminalisation of Companies Act violations; (iii) July 7, Decided to partially modify circular No. SEBI/HO/DDHS/CIR/P/2020/41 (dealing with investor grievance report, financial results and accounts maintained by issuers under ILDM Regulations) and extended the timelines for submission to July 31, 2020; (iv) July 15, Decided to permit Listers who listed or intend/propose to list NCDs/NCRPS/CPs to use available financials as of December 31,2019, pre-coronavirus; (v) August 31, Announced that various State Governments have offered to sell securities by way of an auction, for an aggregate face value of INR82.5 billion; (vi) August 7, The Reserve Bank announced the constitution of an Expert Committee under the chairmanship of Shri K.V. Kamath to make recommendations on the required financial parameters to be factored in the resolution plans under the ˜Resolution Framework for Covid19-related Stress; (vii) August 31, Announced the re-issue of various fixed-rate government equities (stocks) at different years and percentages, for a total of INR300 billion through price-based action; (viii) September 22, the Parliament adopted the amendment to the Indian Bankruptcy Code, with no insolvency cases until March 25, 2021. [update]
|Maldives||05A||05A - Health support||MVR||World Trade Organization (WTO). https://www.wto.org/english/tratop_e/covid19_e/trade_related_goods_measure_e.htm (accessed 19 April 2020); Ministry of Finance. https://www.finance.gov.mv/public/attachments/tlDHkVtRSsbHlcIVKsDXPL7ZWH3lyS7kXzqzkPGa.pdf (accessed 16 September 2020); Ministry of Finance. https://www.finance.gov.mv/publications/statistical-releases/weekly-covid-19-spending (accessed 2 October 2020).||
(i) No amount/estimate: March 17, Temporary reduction of import tariffs on certain personal protective equipment like hand sanitizers, disinfectants, etc. Imports are also exempted from processing fees; (ii) As of September 24, total spending towards COVID-19 health and social efforts that is part of the Economic Recovery Plan stood at MVR1,284.1 million [update].
|Maldives||09||09 - International Assistance Provided||MVR|
|Maldives||09A||09A - Swaps||MVR|
|Maldives||09B||09B - International loans/grants||MVR|
|Maldives||11||11 - Other Economic Measures||MVR||Ministry of Finance. https://www.finance.gov.mv/media/news/mvr-25-million-economic-recovery-plan (accessed 13 April 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 13 April 2020); Ministry of Finance. https://www.finance.gov.mv/covid-19 (accessed 26 May 2020); The Edition. https://edition.mv/news/19115 (accessed 16 September 2020).||
(i) April, Reduce recurrent expenditure by MVR1 billion; (ii) September 13, The Ministry of Finance decided to reassess and amend the state budget declared for the year 2020 due to the significant reduction in revenue generated by the state in the wake of the ongoing COVID-19 pandemic.
|Nepal||05A||05A - Health support||NPR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 1 October 2020); Ministry of Finance. https://mof.gov.np/en/archive-documents/budget-speech-17.html?lang= (accessed 6 July 2020).||
No amount/estimate: (i) 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; (ii) May 28, In the budget speech for fiscal year 2020/21, Finance Minister Khatiwada announced additional measures in the area of healthcare (the establishment of additional hospital facilities). The specific measures announced include (a) Testing facilities to be expanded in high risk zones; and additional quarantines with testing facilities to be established to allay public concern; (b) Healthcare and lab technicians will be eligible for encouragement allowance; and will be provided with personnel protective equipment; (c) Provision of free health insurance plan of up to NPR500,000 for all healthcare professionals combatting contagious diseases including novel coronavirus; (d) A 50% discount on annual fee applicable on a group corona insurance policy worth NPR100,000; (e) A 300-bed tropical disease hospital to be established in Kathmandu Valley in FY2021; (f) 250 ICU beds to be added in all government hospitals across Kathmandu valley and provincial capitals; (g) A 50-bed tropical disease hospital to be operationalized in all provincial capitals; (h) Capacity of National Public Health Laboratory to be enhanced to comply with international standards; modern health laboratories to be established in all provincial capitals; health desks equipped with requisite medical equipment to be established in all major international entry points; (i) Basic hospitals with 5-15 beds to be established in all local levels; 272 such hospitals to be established by FY2021.
|Nepal||09||09 - International Assistance Provided||NPR|
|Nepal||09A||09A - Swaps||NPR|
|Nepal||09B||09B - International loans/grants||NPR|
|Nepal||11||11 - Other Economic Measures||NPR||NRB. https://www.nrb.org.np/contents/uploads/2020/04/Circular10-2076-77_20200401_0001.pdf (accessed 6 July 2020).||
April 1: (i) The security requirement of 10% of L/C value (Document value) for the import of COVID-related medical supplies and equipment has been waived; (ii) Parents/guardians can send USD500 per student to meet their living expenses abroad even without a NO OBJECTION LETTER.
|Sri Lanka||05A||05A - Health support||LKR||2,845,151,000||15,374,484||News.lk https://news.lk/news/politics/item/29845-president-pledges-usd-5m-to-saarc-corona-emergency-fund (accessed 26 June 2020); SLRM. Covid-10 policy responses repository as of 2 July 2020.||
(i) March 23, President Gotabaya Rajapaksa has pledged USD5 million (0.01% of GDP) to the South Asian Association for Regional Cooperation (SAARC) COVID-19 Emergency Fund; (ii) No amount/estimate: Steps were taken to increase the health system capacity; the government scaled up testing services; (ii) LKR100 million from the Presidential fund was used to establish a special fund for containment, mitigation and social welfare spending, inviting local and foreign tax-free donations. The primary focus of the fund is facilitating the containment of COVID-19 including, purchasing medication, medical equipment and capacity expansion; (iii) June 30, The government has allocated up to LKR1.2 billion (0.01% of GDP) for preventive measures.
|Sri Lanka||09||09 - International Assistance Provided||LKR|
|Sri Lanka||09A||09A - Swaps||LKR|
|Sri Lanka||09B||09B - International loans/grants||LKR|
|Sri Lanka||11||11 - Other Economic Measures||LKR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 1 October 2020); News 1st. https://www.newsfirst.lk/2020/05/22/sri-lanka-lifts-import-bans-except-for-vehicles-in-covid-19-economic-recovery-plan/ (accessed 23 May 2020); CBSL. https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/press/pr/press_20200513_central_bank_of_sri_lanka_implements_extraordinary_regulatory_measures_to_provide_liquidity_to_banks_amidst_covid_19_outbreak_e.pdf (accessed 26 June 2020).||
(i) April 23, import duties on petrol and diesel were increased to mitigate weak revenue collections, but this was reversed in late June; (ii) May 22, Sri Lanka lifts import bans except for vehicles in COVID-19 economic recovery plan.