Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Bangladesh 07 07 - Central bank financing government BDT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 14 April 2020).

No amount/estimate: The Bangladesh Bank has announced that it will buy treasury bonds and bills from banks.

Bangladesh 07A 07A - Direct lending and reserve drawdown BDT
Bangladesh 07B 07B - Secondary purchase: government securities 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 07 07 - Central bank financing government BTN/INR
Bhutan 07A 07A - Direct lending and reserve drawdown BTN/INR
Bhutan 07B 07B - Secondary purchase: government securities BTN/INR
Bhutan 11 11 - Other Economic Measures BTN/INR 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 11 March 2020, to monitor and keep track of price movement in the market and provide information to consumers for informed purchase decision; (ii) 24 March 2020, 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) 29 June 2020, Import of luxury motor vehicles and bikes have been suspended; (iv) 4 September 2020, 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.

India 07 07 - Central bank financing government INR 400,000,000,000 5,382,406,909
India 07A 07A - Direct lending and reserve drawdown INR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 15 October 2020).

20 April 2020, The RBI increased the limit for ways and means advances for the Central Government (a short-term liquidity facility) for the remaining part of the first half of the FY 2020/21 from INR 1.2 trillion to INR2.0 trillion. The WMA is a temporary liquidity facility offered by the RBI to the government that acts as a credit line that the government may call upon to help them reconcile short-term mismatches in cash flows of their receipts and expenditures. As of 8 October 2020, the increase in limit has been extended until March 2021.

India 07B 07B - Secondary purchase: government securities INR 400,000,000,000 5,382,406,909 RBI. https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=50252 (accessed 27 August 2020). https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=50012, https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=49712 (both accessed as of 2 July 2020).

(i) 27 April 2020, INR100 billion purchase of government securities under Open Market Operations (OMO); (ii) 29 June 2020, another INR100 billion purchase of government securities under Open Market Operations (OMO). These two operations, totalling INR200 billion, have long-term maturities ranging from 6 years to 10 years and are meant to replace the concurrent sale of short-term government securities maturing within the next year; (iii) 26 August 2020, Decided to again conduct simultaneous purchase and sale of government securities under Open Market Operation (OMO) for an aggregate amount of INR200 billion in two tranches of INR100 billion each. The auctions would be conducted on 27 August 2020 and 3 September 2020.

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 11 November 2020).

No amount/estimate: (i) Amendments introduced to the export policy of several products; (ii) 17 May 2020, Enhancements to the Ease of Doing Business Act and decriminalisation of Companies Act violations; (iii) 7 July 2020, 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 31 July 2020; (iv) 15 July 2020, 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) 31 August 2020, 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) 7 August 2020, 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) 31 August 2020, 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) 22 September 2020, the Parliament adopted the amendment to the Indian Bankruptcy Code, with no insolvency cases until 25 December 2020.

Maldives 07 07 - Central bank financing government MVR
Maldives 07A 07A - Direct lending and reserve drawdown MVR
Maldives 07B 07B - Secondary purchase: government securities 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); Maldives Immigration. https://immigration.gov.mv/the-minister-of-tourism-inaugurates-maldives-border-miles/ (accessed 22 October 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; (iii) September 27, The Minister of Tourism inaugurated the “Maldives Border Miles” program, aimed to boost tourism in Maldives. This is the first of its kind loyalty program developed in the entire world, and this program will be officially implemented on 1 December 2020.

Nepal 07 07 - Central bank financing government NPR
Nepal 07A 07A - Direct lending and reserve drawdown NPR
Nepal 07B 07B - Secondary purchase: government securities 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).

1 April 2020: (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 07 07 - Central bank financing government LKR
Sri Lanka 07A 07A - Direct lending and reserve drawdown LKR
Sri Lanka 07B 07B - Secondary purchase: government securities 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 26 November 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); Ministry of Mass Media. https://www.media.gov.lk/media-gallery/latest-news/2590-tax-on-essential-goods-removed (accessed 16 October 2020); Government of Sri Lanka. http://www.documents.gov.lk/files/egz/2020/9/2193-09_E.pdf (accessed 6 November 2020).

(i) 17 March 2020, Tax exemptions on the importation and supply of masks, disinfectant, machinery and equipment including medical, surgical, and dental instruments, and price ceilings on essential food item such as lentils, eggs and canned fish; (ii) 23 April 2020, import duties on petrol and diesel were increased to mitigate weak revenue collections, but this was reversed in late June 2020; (iii) 21 May 2020: Sri Lanka, on Thursday, lifted its import restrictions on several products despite retaining the ban on vehicle imports, as part of its COVID-19 economic revival plan. April 03: Imports of non-essential goods including vehicles and plastic goods are suspended; (iv) 22 May 2020, Sri Lanka lifts import bans except for vehicles in COVID-19 economic recovery plan; (v) 18 June 2020, Suspension of the tea promotion levy of SLR3.50/kg for 6 months; (vi) 15 September 2020, The government removed a number of items from its import restrictions including articles of clothing and certain types of special purpose motor vehicles; (vii) 13 October 2020, With due consideration to the current cost of living and difficulties associated with COVID-19 the Government has removed import duties on essential commodities such as dhal, canned fish, B onions and sugar.