Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Hong Kong, China 05B 05B - Income support HKD 268,070,000,000 34,522,414,393 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#P (accessed 6 May 2020). News.gov.hk. https://www.news.gov.hk/eng/2020/06/20200602/20200602_205003_920.html?type=category&name=covid19 (accessed 11 June 2020). News.gov.hk. https://www.news.gov.hk/eng/2020/06/20200608/20200608_192340_279.html?type=category&name=covid19 (accessed 11 June 2020). 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/2020/07/20200708/20200708_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/2020/07/20200710/20200710_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/2020/09/20200916/20200916_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/2020/09/20200925/20200925_151755_190.html?type=category&name=covid19 (accessed 2 October 2020).

(i) Tax and fee reliefs and other one-off relief measures (HKD79.5 billion or 2.8% of GDP); (ii) Cash payout to permanent residents aged 18 or above (HKD71 billion or 2.5% of GDP); (iii) Employment subsidy scheme (HKD80 billion or 2.8% of GDP); (iv) Sector-specific relief measures (HKD21 billion or 0.7% of GDP); (v) Temporary job creation (HKD6 billion or 0.2% of GDP); (vi) cash payouts to permanent residents aged 18 and above (HKD71 billion or 2.5% of GDP). (vii) No amount/estimate: June 2, Introduction of a subsidy scheme for employment agencies that provide foreign domestic helper placement services from the Anti-Epidemic Fund. (viii) June 8, Authorities announced further support for the travel industry by enhancing the Green Lifestyle Local Tour Incentive Scheme (increased funding of HKG50 million) and extending the subsidy initiative for tourist guides (for 6 monyhs until April 27, 2021). (ix) 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. (x) July 8, 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. (xi) No amount/estimate: July 8, 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. (xii) No amount/estimate: July 10, 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. (xiii) July 28, 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. (xiv) September 16, Authorities announced further rent relief and enhanced concessional rates to non-domestic tenements for the third and fourth quarters of 2020-2021. On September 21, the Hong Kong Housing Authority also announced extended rent concessions for non-domestic tenants by another 6 months from October 1. [update] (xv) September 25, Authorities opened applications for salary subsidies for new positions that aim to create 1,500 new jobs in the financial services industry. [update]

Hong Kong, China 09 09 - International Assistance Provided HKD
Hong Kong, China 09A 09A - Swaps HKD
Hong Kong, China 09B 09B - International loans/grants HKD
Hong Kong, China 11 11 - Other Economic Measures HKD
Mongolia 05B 05B - Income support MNT 4,640,599,439,412 1,683,500,000 ADB. https://www.adb.org/sites/default/files/project-documents/54174/54174-001-rrp-en.pdf (accessed 26 May 2020).

March: (i) Measures supporting citizens (USD154.6 million), which includes (a) Personal Income Tax exemption (USD63.2 million); (b) Job retention allowance (USD18.4 million); (c) Child money program (USD12.4 million); (d) VAT refunds (USD14.4 million); (e) Erdenes Tavan Tolgoi Dividends Payout (USD46.2 million). Erdenes Tavan Tolgoi is a state-owned enterprise where each Mongolian citizen owns a share; (ii) Support to vulnerable businesses and fiscal stimulus measures (USD1,567.9 million), which includes (a) Exemption on social insurance (USD288.2 million); (b) Social insurance penalty exemption (USD4.2 million); (c) Corporate Income Tax exemption (USD10.8 million); (d) Exemption for tax penalties and fines (USD5.4 million); (e) Rental relief (USD7.2 million); (f) Import tax and duties exemption of food products (USD3.6 million); (g) Cashmere sector support (USD118.1 million); (h) Discount on agricultural equipment (USD12.3 million); (i) Capital projects (of which two-thirds does not yet have financing) (USD1,079.1 million).

Mongolia 09 09 - International Assistance Provided MNT
Mongolia 09A 09A - Swaps MNT
Mongolia 09B 09B - International loans/grants MNT
Mongolia 11 11 - Other Economic Measures MNT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 24 July 2020); Mongolian News Agency. https://montsame.mn/en/read/230071 (accessed 2 July 2020).

(i) Feb 13, Temporary suspension of coal exports to the People's Republic of China; (ii) June 30, Re-opening of children playground centers except of PC game centers, summer camps, religious and cultural centers, cinema theatres, snooker centers, and karaokes. However, public protests and mass gathered sports contests will remain prohibited. By reviving the operations, it is expected to keep around 10,000 jobs.

People's Republic of China 05B 05B - Income support CNY
People's Republic of China 09 09 - International Assistance Provided CNY 14,246,687,636 2,030,000,000
People's Republic of China 09A 09A - Swaps CNY
People's Republic of China 09B 09B - International loans/grants CNY 14,246,687,636 2,030,000,000 FT. https://www.ft.com/content/054c0575-fa10-4d3e-a2a5-bd5ef388e4af?emailId=5ea20e1642729a000476bb9e&segmentId=60a126e8-df3c-b524-c979-f90bde8a67cd (accessed 1 May 2020); The State Council, The People's Republic of China. http://english.www.gov.cn/news/topnews/202005/18/content_WS5ec2960bc6d0b3f0e9497ec4.html (accessed 20 May 2020); Xinhua. http://www.xinhuanet.com/english/2020-06/18/c_139147085.htm (acccessed 24 June 2020).

(i) USD30 million to support World Health Organization's efforts in combating the global coronavirus pandemic; (ii) President Xi Jinping announced concrete measures to boost global fight against COVID-19 including providing international aid and making the country's COVID-19 vaccine a global public good when available. China will provide $2 billion over two years to help with COVID-19 response and with economic and social development in affected countries, especially developing countries; (iii) No amount/estimate: June 17, within the framework of the Forum on China-Africa Cooperation, PRC annonced that it will cancel the debt of relevant African countries in the form of interest-free government loans that are due to mature by the end of 2020 .

People's Republic of China 11 11 - Other Economic Measures CNY IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 5 June 2020); The State Council, The People's Republic of China. http://www.gov.cn/xinwen/2020-05/16/content_5512106.htm (accessed 20 May 2020); SCMP. https://www.scmp.com/economy/china-economy/article/3085553/china-gdp-beijing-abandons-economic-growth-target-2020-work (22 May 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/news/pressbriefings/202007/17/content_WS5f11a035c6d00bd0989c61b7.html (accessed 4 August 2020); The State Council The People's Republic of China. http://english.www.gov.cn/policies/policywatch/202007/28/content_WS5f1f7df0c6d029c1c2636cc4.html (accessed 4 August 2020); The State Council The People's Republic of China. http://english.www.gov.cn/policies/policywatch/202007/28/content_WS5f1f883bc6d029c1c2636ce6.html (accessed 4 August 2020).

(i) Restrictions on the investment quota of foreign institutional investors (QFII and RQFII) were removed; (ii) No amount/estimate: Additional financing support for corporates via increased bond issuance by corporates; (iii) Announced that it will make regulatory arrangements for the performance commitment requirements and adjustment of restructuring plans for listed companies that are indeed affected by the epidemic . encouraging lending to SMEs, including uncollateralized SME loans from local banks and raising the target for large banks’ lending growth to micro- and small enterprises from 30 percent to 40 percent; (iv) July 13, The State Council, China's cabinet, has decided to implement more reform measures experimented with at the pilot free trade zones (FTZs) across the nation. It is the sixth batch of measures tested by the pilot FTZs before being implemented in other areas. To be replicated nationwide are measures covering five areas: investment management, trade facilitation, financial openness and innovation, operational and post-operational oversight, and human resources; (v) July 14, The government encourages the private sector to fund transportation infrastructure, and no restrictive threshold shall be set for private investment in this aspect ; (vi) Juy 10, PRC will allow foreign banks to gain access to fund custody business in its market, as part of efforts to further open up the financial sector. Eligible Chinese branches of foreign banks will be able to apply for permits for fund custody business, according to the newly-revised fund custody rules jointly issued by the China Securities Regulatory Commission and the China Banking and Insurance Regulatory Commission; (vii) July 17, The new regulation on ensuring timely payments to small and medium-sized enterprises, which will go into effect on September 1, which will safeguard the legitimate rights and interests of SMEs, reduce their operational costs and optimize the business environment; (viii) July 28, The State Council has adopted a package of measures to facilitate investment and widen market access to improve the business environment and help counter the economic impact of the COVID-19 pandemic. Key policies include the removal of unreasonable market access barriers in the construction, education, healthcare and sports sectors, improving the efficiency of customs clearance and encouraging the growth of new business models ; (ix) July 28, A new regulation on ensuring timely payments to small and medium-sized enterprises, which will go into effect on Sept 1, will better safeguard legal rights and interests of SMEs and private enterprises that are now having a hard time due to the COVID-19 pandemic and create a fairer business environment, said industry insiders .

Republic of Korea 05B 05B - Income support KRW 73,000,000,000,000 59,831,830,087 OECD. https://www.oecd.org/coronavirus/en/ (accessed 24 April 2020). Pulse News. https://pulsenews.co.kr/view.php?year=2020&no=217288 (accessed 29 June 2020). Pulse News. https://pulsenews.co.kr/view.php?year=2019&no=387490 (accessed 29 June 2020). Ministry of SMEs and Startups. https://www.mss.go.kr/site/smba/ex/bbs/View.do?cbIdx=86&bcIdx=1019337&parentSeq=1019337 (accessed 25 June 2020). AHK. https://korea.ahk.de/fileadmin/AHK_Korea/Navigation_menu/News/COVID19/Update_COVID-19_07_07.pdf (accessed 9 July 2020). Nikkei Asian Review. https://asia.nikkei.com/Economy/South-Korea-budgets-6.6bn-for-fourth-round-of-coronavirus-aid#:~:text=SEOUL%20%2D%2D%20South%20Korea%20on,recent%20resurgence%20in%20coronavirus%20cases. (accessed 11 September 2020).

(i) February, The government announced emergency support of KRW20 trillion for households and damaged industries, such as tourism and export industries; (ii) March 2, Reduced taxes on new car purchases for 3 months. On June 5, the measure was extended by another 6 months until end-December 2020. (iii) In March 17: The National Assembly approved (a) loans and guarantees for small businesses, indirect support of wage and rent for small merchants (KRW4.1 trillion), (b) consumption coupons for the poor, emergency family care and employment retention support (KRW3.5 trillion), and (c) support for issuing local gift certificate, local government grants for infection prevention (KRW1.2 trillion); (iv) March 31, The government announced an emergency relief payment plan of KRW9.1 trillion (USD7.4 billion) to address the virus outbreak. The government plans to pay relief checks to households in the bottom 70% income bracket (around 14 million households), of up to KRW1 million (USD820) per household. For this, a second supplementary budget was submitted to the National Assembly and passed on April 30; and (v) No amount/estimate: Some local governments have announced cash support for people (a) Gyeonggi province announced KRW100,000 (USD82) to all residents, and (b) Seoul and Daejeon have a similar plan without specific criteria. (vi) July 3, the National Assembly approved the third supplementary budget worth KRW35.1 trillion with KRW23.7 trillion in new spending and KRW11.4 trillion revenue adjustment and support tax reductions. (vii) September 11, The government drafted a fourth supplementary budget worth KRW7.8 trillion, including cash payments to small businesses and self-employed workers, which will be subject to parliamentary approval.

Republic of Korea 09 09 - International Assistance Provided KRW 9,721,648,145,455 7,968,000,000
Republic of Korea 09A 09A - Swaps KRW 9,233,613,600,000 7,568,000,000 BI. https://www.bi.go.id/en/ruang-media/info-terbaru/Pages/Perkembangan-Terkini-Perekonomian-dan-Langkah-BI-dalam-Hadapi-COVID-19-07042020.aspx (accessed 11 April 2020).

April 7, USD7.568 billion bilateral currency swap arrrangement with Bank Indonesia.

Republic of Korea 09B 09B - International loans/grants KRW 488,034,545,455 400,000,000 PDI. https://newsinfo.inquirer.net/1265321/covid-19-pandemic-s-korea-to-offer-400m-to-emerging-nations-will-suspend-debt-payments#ixzz6LAu9V5KR (accessed 1 May 2020).

Finance Minister Hong Nam-ki said the government will offer more than USD400 million to emerging nations this year for health projects against the novel coronavirus through the Economic Development Cooperation Fund, along with postponing debt payments worth USD110 million for 26 countries.

Republic of Korea 11 11 - Other Economic Measures KRW WTO. https://www.wto.org/english/tratop_e/covid19_e/trade_related_goods_measure_e.htm (accessed 1 May 2020). FSC. http://www.fsc.go.kr/downManager?bbsid=BBS0048&no=152660 (accessed 22 May 2020). FSC. http://www.fsc.go.kr/downManager?bbsid=BBS0048&no=152874 (accessed 22 May 2020). Reuters. https://www.reuters.com/article/us-health-coronavirus-southkorea/south-korea-announces-29-billion-third-stimulus-budget-to-fight-virus-misery-idUSKBN23A03Y?il=0 (accessed 3 June 2020). Reuters. https://www.reuters.com/article/us-southkorea-economy-housing/south-korea-finance-minister-says-will-raise-tax-rates-for-multiple-home-owners-idUSKBN24B04X?il=0 (accessed 10 July 2020). Reuters. https://www.reuters.com/article/us-southkorea-economy-tax/south-korea-scales-back-capital-gains-tax-on-stocks-hikes-income-tax-for-top-earners-idUSKCN24N0GU?il=0 (accessed 22 July 2020). FSC. http://www.fsc.go.kr/eng/new_press/releases.jsp?menu=01&bbsid=BBS0048 (accessed 28 August 2020).

(i) April 14, Temporary export ban on surgical and sanitary masks and melt blown filters. (ii) May 18, The FSC announced various measures to improve the exchange-traded fund and exchange-traded note markets to contain overheated investment demand and mitigate excessive concentration in particular investment products. (iii) May 19, the FSC announced implementation plans on measures to improve supervision of financial conglomerates: (a) introduce a group-wide risk assessment system which combines the currently distinct risk concentration and risk transfer categories into a single comprehensive framework for assessing capital adequacy requirements; (b) begin integrated group-wide disclosure in September through which the six financial conglomerates will gather required information from their subsidiaries and provide group-wide disclosure of information on 8 sections and 25 categories, including ownership & governance structure, internal risk management procedures, financial soundness, etc.; (c) introduce a group-wide internal control system in the second half of this year by having the six financial conglomerates establish and operate their own internal control council operate their own internal control councils and standards by the end of the third quarter this year. (iv) July 10, the Finance Minister announced the government will raise real estate taxes on properties valued over KRW600 million for multiple home owners and encourage renters to unload homes; capital gains tax rates will also be increased. As of July 22, The government clarified its planned revisions to the tax code pertaining to capital gains: (a) up to 25% tax on capital gains exceeding KRW50 million a year for retail stock market investors starting 2023; (b) starting October 2021, annual gains of more than KRW2.5 million from trading of cryptocurrencies will be subject to a 20% capital gains tax for local residents; and (c) a hike in income tax on earnings exceeding KRW1 billion a year from 42% to 45%. (v) August 27, The FSC announced an extended temporary ban on short-selling of stocks to March 15, 2021.

Taipei,China 05B 05B - Income support TWD 173,900,000,000 5,771,560,379 News articles: https://bit.ly/2A2ytcS; https://bit.ly/3cjQfGU (both accessed 8 May 2020); https://bit.ly/2ZPydJn (accessed 27 May 2020); KPMG. https://bit.ly/2LvD7ms (accessed 14 May 2020); Executive Yuan. https://english.ey.gov.tw/Page/61BF20C3E89B856/07dd64bc-5609-426c-bcb0-9aec3aabcab7 (accessed 5 June 2020); Executive Yuan. https://english.ey.gov.tw/Page/61BF20C3E89B856/8e1b262b-fa3f-4074-a76d-23a4fdb06460 (accessed 22 July 2020); Ministry of Finance. https://www.mof.gov.tw/Eng/singlehtml/f48d641f159a4866b1d31c0916fbcc71?cntId=3cb2e39223a147fe85c30b00edd45d27 (accessed 21 August 2020); Overseas Community Affairs Council (OCAC). https://www.ocac.gov.tw/OCAC/Eng/Pages/Detail.aspx?nodeid=329&pid=19559932 (accessed 2 October 2020).

(i) Under the TWD60 billion budget, the authorities will assign TWD40.4 billion to subsidize a wide range of industrial sectors that have been hit by the COVID-19 spread, such as the service industry, the manufacturing industry, the tourism industry, the transportation industry, the agriculture/fishing industry, and the arts/cultural industry; (ii) Of the TWD150 billion special budget, TWD133.5 billion will go toward helping with the recovery of local businesses and other entities and providing relief to self-employed workers, according to the Directorate General of Budget, Accounting and Statistics (DGBAS); (iii) No amount/estimate: Aiming at alleviating the impact of the coronavirus (COVID-19) pandemic, the authorities introduced several supportive tax measures including (a) deferral of tax payments or by installments for affected enterprises and individuals, (b) extension of tax filing and payment deadline under special circumstances (e.g. quarantine or isolation), and (c) corporate income tax 200% deduction on certain salary expenses; (iv) No amount/estimate: May 27, The Ministry of Transportation and Communications will provide travel subsidies to encourage domestic travel effective July 1. The ministry is planning campaigns that will subsidize the group travel sector to the tune of TWD600–TWD700 (USD20–USD23) per person per day, while the independent travel sector will enjoy a subsidy of TWD1,000 per room per night; (v) No amount/estimate: July 9, The Premier calls for increase in special budget to aid targeted industries; (vi) No amount/estimate: July 15, The authorities announced a "triple stimulus" voucher program that allows people to purchase TWD3,000 (USD100) worth of vouchers for just TWD1,000. By encouraging spending and stimulating the economy, the program will help the economy to turn the crisis into opportunity and safely weather the coronavirus pandemic; (vii) No amount/estimate: August 20, The triple stimulus vouchers people receive are exempt from income tax, and merchants accepting them for the exchange of goods or services should issue uniform invoices in accordance with regulations; (viii) No amount/estimate: October 10, The Executive Yuan supports a plan by the Ministry of Transportation and Communications to extend the subsidies for domestic travelers until the end of next month. The Tourism Bureau has been offering TWD1,000 (USD34.30) subsidies per hotel room since July [update].

Taipei,China 09 09 - International Assistance Provided TWD
Taipei,China 09A 09A - Swaps TWD
Taipei,China 09B 09B - International loans/grants TWD
Taipei,China 11 11 - Other Economic Measures TWD KPMG. https://bit.ly/2LvD7ms (accessed 14 May 2020); CNA. https://bit.ly/3iGCTYA (accessed 18 September 2020).

(i) From February 27 to May 26, 2020, importation of mask and undenatured alcohol concentration above 90% could be subject to temporary adjustment rates; (ii) From March 4 to March 31, the fever thermometers products could not be exported without the approval issued by the Bureau of Foreign Trade of the Ministry of Economic Affairs; (iii) Until April 30, the exportation of mask products (filtering efficiency 94% or more, of textile materials) are banned. However, woven or knitted masks without filter of textile materials, gas masks for epidemic prevention and replaceable filters, sponge masks, and paper masks are not subject to the export prohibition. Such ban may be further extended depending on the current COVID-19 situation; (iv) September 16, face masks are now included in a list of goods subject to import controls, but small quantities of up to 250 masks brought in by travelers will be exempt. The Bureau of Foreign Trade requires importers of either surgical masks or face masks to apply for import permits with the bureau.