Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Cook Islands 07 07 - Central bank financing government NZD
Cook Islands 07A 07A - Direct lending and reserve drawdown NZD
Cook Islands 07B 07B - Secondary purchase: government securities NZD
Cook Islands 10 10 - No breakdown NZD
Federated States of Micronesia 07 07 - Central bank financing government USD
Federated States of Micronesia 07A 07A - Direct lending and reserve drawdown USD
Federated States of Micronesia 07B 07B - Secondary purchase: government securities USD
Federated States of Micronesia 10 10 - No breakdown USD
Fiji 07 07 - Central bank financing government FJD 280,000,000 127,064,803
Fiji 07A 07A - Direct lending and reserve drawdown FJD
Fiji 07B 07B - Secondary purchase: government securities FJD 280,000,000 127,064,803 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 06 August 2020).

As of July 30, The Reserve Bank of Fiji has purchased FJD280 million of Government bonds to help finance the Government deficit.

Fiji 10 10 - No breakdown FJD
Kiribati 07 07 - Central bank financing government AUD
Kiribati 07A 07A - Direct lending and reserve drawdown AUD
Kiribati 07B 07B - Secondary purchase: government securities AUD
Kiribati 10 10 - No breakdown AUD
Marshall Islands 07 07 - Central bank financing government USD
Marshall Islands 07A 07A - Direct lending and reserve drawdown USD
Marshall Islands 07B 07B - Secondary purchase: government securities USD
Marshall Islands 10 10 - No breakdown USD
Nauru 07 07 - Central bank financing government AUD
Nauru 07A 07A - Direct lending and reserve drawdown AUD
Nauru 07B 07B - Secondary purchase: government securities AUD
Nauru 10 10 - No breakdown AUD
Niue 07 07 - Central bank financing government NZD
Niue 07A 07A - Direct lending and reserve drawdown NZD
Niue 07B 07B - Secondary purchase: government securities NZD
Niue 10 10 - No breakdown NZD
Palau 07 07 - Central bank financing government USD
Palau 07A 07A - Direct lending and reserve drawdown USD
Palau 07B 07B - Secondary purchase: government securities USD
Palau 10 10 - No breakdown USD
Papua New Guinea 07 07 - Central bank financing government PGK
Papua New Guinea 07A 07A - Direct lending and reserve drawdown PGK
Papua New Guinea 07B 07B - Secondary purchase: government securities PGK IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 8 May 2020).

No amount/estimate: BPNG has announced its intention to repurchase government securities in an open market quantitative easing program to provide liquidity to the holders of the instruments.

Papua New Guinea 10 10 - No breakdown PGK 4,490,000,000 1,317,797,605 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 8 May 2020).

On 2 April 2020, the PNG government announced a PGK5.6 billion economic stimulus package in the parliament. PGK4.49 billion is equal to PGK5.6 billion less PGK600 million credit line (see Measure 3), PGK500 million support from superannuation savings (see Non-Health in Measure 5), and PGK10 million for health (see Health in Measure 5).

Samoa 07 07 - Central bank financing government WST
Samoa 07A 07A - Direct lending and reserve drawdown WST
Samoa 07B 07B - Secondary purchase: government securities WST
Samoa 10 10 - No breakdown WST
Solomon Islands 07 07 - Central bank financing government SBD 60,000,000 7,314,266
Solomon Islands 07A 07A - Direct lending and reserve drawdown SBD