|Economy||Measure Code||Measure||Currency Code||Amount (Local)||Amount (USD)||Source||Post Date||Details|
|Afghanistan||01||01 - Liquidity Support||AFN|
|Afghanistan||01A||01A - Short-term lending||AFN|
|Afghanistan||01B||01B - Support policies for short-term lending||AFN||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 14 April 2020).||
No estimate/amount: The Financial Stability Committee is meeting regularly to assess evolving risks to the financial and monetary stability. Da Afghanistan Bank or DAB (central bank) has intensified its monitoring of banks and indicated its readiness to provide liquidity as needed.
|Afghanistan||01C||01C - Forex operations||AFN||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 6 May 2020).||
No amount/estimate: (i) DAB is in discussions with money-service providers, who play a systemic role in financial transactions, to ensure uninterrupted services, including transactions in foreign currency, and to encourage enhancement of their remote services given closures; (ii) DAB remains focused on price stability and is committed to exchange rate flexibility, limiting its foreign interventions to preventing excessive volatility.
|Afghanistan||08||08 - International Assistance Received||AFN||144,150,877,943||1,831,842,181|
|Afghanistan||08A||08A - Swaps||AFN|
|Afghanistan||08B||08B - International loans/grants||AFN||144,150,877,943||1,831,842,181|
|Afghanistan||08B1||08B1 - Asian Development Bank||AFN||3,427,025,974||43,550,000||ADB Table A1.2: Sovereign Lending and Asian Development Fund Grant Operations, Table A1.4: Asia Pacific Disaster Response Fund and Technical Assistance, Table A1.5: Country Support under TA 9550-REG. (all accessed 30 September 2020)||
(i) USD3 million - Country Support under TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases; (ii) May 11, USD40 million Emergency Assistance for COVID-19 Pandemic Response grant to support the construction of 15 hospitals and medical facilities; (iii) June 3, Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region (Additional Financing) - USD0.07million; (iv) July 13, Addressing Health Threats in the Central, West, and East Asia Region - USD0.38 million; (v) July 24, Due Diligence and Capacity Development of Trade Finance Program Banks - USD0.10 million [update].
|Afghanistan||08B2||08B2 - Other||AFN||140,723,851,969||1,788,292,181||IMF. https://bit.ly/2Vk0uFb (accessed 19 April 2020); IMF. https://www.imf.org/en/News/Articles/2020/04/29/pr20193-afghanistan-imf-executive-board-approves-disbursement-to-address-the-covid-19; World Bank. https://www.worldbank.org/en/news/press-release/2020/04/02/world-bank-fast-tracks-100-million-covid-19-support-for-afghanistan (both accessed 1 May 2020). WB. https://www.worldbank.org/en/news/press-release/2020/05/07/world-bank-approves-400-million-to-sustain-afghanistans-reform-momentum-mitigate-covid-19-crisis (accessed 14 May 2020). USAID. https://www.usaid.gov/news-information/coronavirus/fact-sheets/update-united-states-continues-lead-global-response-covid-19 (accessed 1 June 2020). World Bank. https://www.worldbank.org/en/news/press-release/2020/07/09/world-bank-200-million-for-afghanistan-to-protect-people-support-businesses-amid-covid-19 (accessed 24 July 2020). Worl Bank. https://www.worldbank.org/en/news/press-release/2020/08/04/afghanistan-new-grants-to-cushion-impact-of-covid-19-on-poor-households-and-protect-food-security (accessed 7 August 2020). IMF. https://www.imf.org/en/News/Articles/2020/08/14/pr20282-islamic-republic-of-afghanistan-imf-eaches-a-staff-level-agreement-on-an-ecf-arrangement (accessed 21 August 2020). World Bank. https://www.worldbank.org/en/news/press-release/2020/09/28/world-bank-100-million-to-stabilize-afghanistans-financial-sector-and-spur-economic-recovery (accessed 2 October 2020)||
(i) April 14-Oct 13: IMF Catastrophe Containment And Relief Trust-Grant Assistance For Debt Service Relief, SDR2.4 million (SDR0.729/USD); (ii) April 2, The World Bank approved a USD100.4 million grant for the Afghanistan COVID-19 Emergency Response and Health Systems Preparedness Project to help Afghanistan take effective action to respond to the threat posed by COVID-19 and strengthen its public health preparedness; (iii) The IMF approved Afghanistan’s request for emergency assistance in the amount of SDR161.9 million (approximately USD220 million) under the Rapid Credit Facility; (iv) With the support of the World Bank, other development partners, and humanitarian agencies, the authorities are developing a social relief package-through cash transfers and, if impractical, in kind-to support food security among socially vulnerable households. On April 29, the government started providing free bread to about 2.5 million needy and poor people in Kabul [update]; (v) May 7, USD400 million grant from the World Bank to support the country in managing risks and uncertainties compounded by the COVID-19 crisis; (vi) As of May 26, USD20.6 million from USAID, broken down into: (a) USD7.1 million for health and IDA humanitarian assistance, (b) USD3.1 million in MRA humanitarian assistance for Afghan returnees, (c) USD10 million from redirecting existing resources to support Afghanistan's health response, (d) USD500,000 to procure COVID-19 prevention and control supplies for correctional facilities; (vii) July 9, USD200 million to help Afghanistan mitigate COVID-19 impacts and provide relief to vulnerable people and businesses. USD100 million comes from the International Development Association (IDA), the World Bank Group's fund for the poorest countries, and the balance from the Afghanistan Reconstruction Trust Fund (ARTF), managed by the World Bank on behalf of 34 donors; (viii) August 4, USD280 million for the COVID-19 Relief Effort for Afghan Communities and Households (REACH) Project, with USD155 million from the IDA, and the balance from the ARTF; (ix) August 4, USD100 million for the Emergency Agriculture and Food Supply Project (EATS), with USD55 million from the IDA, and the balance from the ARTF; (x) August 14, IMF staff and the Afghanistan authorities have reached a staff-level agreement on an economic reform program to be supported by a new three-and-half year USD364 million Extended Credit Facility (ECF); (xi) September 28, USD100 million from the World Bank to stabilize the financial sector and spur economic recovery. [update]
|Arab Republic of Egypt||01||01 - Liquidity Support||EGP|
|Arab Republic of Egypt||01A||01A - Short-term lending||EGP||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 7 May 2020).||
(i) No amount/estimate: Short-term loans of up to a year were made available to allow small projects harmed by COVID-19 (especially in industrial and labor-intensive sectors) to pay for their operational expenses until the crisis is over.
|Arab Republic of Egypt||01B||01B - Support policies for short-term lending||EGP|
|Arab Republic of Egypt||01C||01C - Forex operations||EGP|
|Arab Republic of Egypt||08||08 - International Assistance Received||EGP||210,938,837,220||13,422,793,717|
|Arab Republic of Egypt||08A||08A - Swaps||EGP|
|Arab Republic of Egypt||08B||08B - International loans/grants||EGP||210,938,837,220||13,422,793,717|
|Arab Republic of Egypt||08B1||08B1 - Asian Development Bank||EGP|
|Arab Republic of Egypt||08B2||08B2 - Other||EGP||210,938,837,220||13,422,793,717||Daily News Egypt. https://dailynewsegypt.com/2020/09/04/eib-nbe-sign-e-800m-financing-agreement-to-ensure-resilient-post-covid-19-recovery-for-smes/ (accessed 17 September 2020). United Nations Development Programme. https://www.eg.undp.org/content/egypt/en/home/presscenter/pressreleases/2020/government-of-japan-and-undp-commit-to-addressing-socio-economic.html (accessed 27 August 2020). Arab Monetary Fund. https://www.amf.org.ae/en/content/arab-monetary-fund-extends-arab-republic-egypt-new-loan-within-framework-structural (accessed 30 July 2020). African Development Bank Group. https://www.afdb.org/en/news-and-events/press-releases/egypt-african-development-bank-approves-225-million-euros-budget-support-loan-electricity-sector-bolster-economic-resilience-and-sustainability-amid-covid-19-36237 (accessed 19 June 2020), https://www.afdb.org/en/news-and-events/press-releases/egypt-african-development-bank-approves-emergency-relief-aid-tackle-food-insecurity-vulnerable-workers-whose-livelihoods-are-impacted-covid-19-35832 (accessed 28 May 2020). World Bank. https://www.worldbank.org/en/news/press-release/2020/05/17/egypt-world-bank-provides-us-50-million-in-support-of-coronavirus-emergency-response-under-new-fast-track-facility (accessed 21 May 2020). World Bank. https://www.worldbank.org/en/news/press-release/2020/06/16/egypt-world-bank-provides-us-400-million-in-support-of-universal-health-insurance-system#:~:text=WASHINGTON%20DC%2C%20June%2016%2C%202020,health%20outcomes%20of%20its%20citizens. (accessed 18 June 2020) https://www.worldbank.org/en/news/press-release/2020/04/02/egypt-world-bank-provides-us79-million-in-support-of-coronavirus-covid-19-emergency-response (accessed 7 May 2020). IMF. https://www.imf.org/en/News/Articles/2020/06/05/pr20236-egypt-imf-reaches-staff-level-agreement-on-12-month-us-billion-stand-by-arrangement (accessed 11 June 2020), https://www.imf.org/en/News/Articles/2020/06/26/pr20248-egypt-imf-executive-board-approves-12-month-us-5-2billion-stand-by-arrangement (accessed 09 July 2020).||
(i) April 2, USD7.9 million funds from the World Bank through activating the Contingency Emergency Response Component (CERC) under the “Transforming Egypt’s Healthcare System Project”, designated for emergency response activities related to the COVID-19 outbreak in Egypt. This measure is reflected in 5A; (ii) May 11, USD2.772 billion in emergency support from the International Monetary Fund to address the COVID-19 Pandemic; (iii) May 17, USD50 million in World Bank aid for Egypt as an emergency response under the new Fast Track COVID-19 Facility; (iv) May 27, USD0.5 million emergency assistance grant from the African Development Bank Group to Egypt to provide food relief, and to contribute to restoring the livelihood of vulnerable populations severely affected by the pandemic; (v) June 5, USD5.2 billion Stand-By Arrangement were agreed upon by Egyptian Authorities and the International Monetary Fund, aiming to alleviate the economic impact of the COVID-19 pandemic, helping maintain macroeconomic stability, strengthen the social safety net, and support reforms to spur private-sector-led growth and job creation. On June 26, this was approved by IMF's Executive Board; (vi) June 16, USD400 million provided by the World Bank as support for the Universal Health Insurance System, to protect the most vulnerable from high health expenses due to the pandemic; (vii) June 17, the African Development Bank Group approved a EUR225 million loan to finance Egypt’s Electricity and Green Growth Support Program (EGGSP). The funding will help meet the Government of Egypt’s financing requirements in the light of the COVID-19 pandemic, and support a sound electricity infrastructure base; (viii) July 29, the Arab Monetary Fund extended a USD639 million credit facility to help the country reform its public finance sector amid the COVID-19 pandemic; (ix) August 25, USD2.73 million grant from the Government of Japan and UNDP to address the Socio-Economic Impact of COVID-19 in Egypt through human security approach; (x) September 3, the Finance Ministry announced that Egype signed a USD2 billion conventional and islamic loan with several international and regional banks. This is meant to close the gap in its 2020/2021 budget wrought by the COVID-19 pandemic. ; (xi) Egypt’s National Bank of Egypt (NBE) and the European Investment Bank (EIB) have signed an agreement worth EUR1.9 billion, where EUR1.1 billion will be provided for the transport sector and EUR800 million for SMEs.
|Argentina||01||01 - Liquidity Support||ARS||343,000,000,000||5,466,135,458|
|Argentina||01A||01A - Short-term lending||ARS||343,000,000,000||5,466,135,458||Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed15 May 2020). Government of Argentina. https://www.argentina.gob.ar/noticias/el-gobierno-nacional-lanza-linea-de-credito-tasa-cero-para-el-sector-de-las-industrias (accessed 21 August 2020).||
(i) ARS1 billion working capital lines for SME through Bank of Investment and Foreign Trade (BICE) with a guarantee from the Reciprocal Guarantee Societies (SGR), and a term of up to 12 months; (ii) Mandatory credit lines through the Central Bank (ARS320 billion); (iii) Established a credit line for MSMEs, PyME Plus line, that do not have bank credit at a subsidized rate of 24%. The Central Bank authorized a special line for ARS22 billion with minimum requirements so that they can take their first credit and for the MSMEs that obtain the FOGAR guarantee, the banks cannot deny it; (iv) June 2, No amount/estimate: launched a special line of credit for work cooperatives at a subsidized rate of 18%; (v) June 11, No amount/estimate: created the PyMEs Plus program to support microbusinesses and SMEs by providing new lines of credit to eligible applicants; (vi) August 13, launched a zero-rate credit line for the cultural industries sector.
|Argentina||01B||01B - Support policies for short-term lending||ARS||0||BCRA. https://www.bcra.gob.ar/Noticias/Coronavirus-BCRa-medidas-directorio.asp (Accessed 27 April 2020).||
No amount/estimate: (i) Reduced reserve requirements for financial entities that offered special lines of credit to micro, small and medium-sized enterprises at maximum 24% interest; (ii) the combined divestiture of LELIQ holdings and release of reserve requirements could generate credit volumes more than 50% of current bank financing.
|Argentina||01C||01C - Forex operations||ARS||
See (i) in Measure 11.
|Argentina||08||08 - International Assistance Received||ARS||37,650,000,000||600,000,000|
|Argentina||08A||08A - Swaps||ARS||Central Bank of the Republic of Argentina. https://www.bcra.gob.ar/Noticias/nuevo-acuerdo-swap-banco-republica-popular-china.asp (accessed 14 August 2020).||
No amount/estimate: August 6, Signed a currency swap agreements with the Bank of the People's Republic of CHINA (PBC). The new agreements will be valid for 3 years.
|Argentina||08B||08B - International loans/grants||ARS||37,650,000,000||600,000,000||Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 5 May 2020). Wall Street Journal. https://www.wsj.com/articles/argentina-moves-closer-to-sovereign-debt-default-amid-coronavirus-crisis-11590160035 (accessed 29 May 2020).||
(i) May 3, instead of defaulting to its creditors, the government proposed a three-year grace period on sovereign debt, a 5.5% reduction in bond principal, and a 62% reduction in interest payments; (ii) May 22, Argentina went into technical default when the 30-day grace period expired on $500 million interest due on $65 billion owed to private creditors.
|Argentina||08B1||08B1 - Asian Development Bank||ARS|
|Argentina||08B2||08B2 - Other||ARS||37,650,000,000||600,000,000||World Bank. https://www.worldbank.org/en/news/press-release/2020/03/25/banco-mundial-fortalece-apoyo-a-las-familias-mas-vulnerables-de-argentina (Accesed 27 April 2020). USAID. https://www.usaid.gov/news-information/coronavirus/fact-sheets/update-united-states-continues-lead-global-response-covid-19 (accessed 29 May 2020).||
(i) World Bank Group approved a USD300 million operation to support Argentina’s efforts to strengthen its social protection system and minimize the impact of the crisis on the most vulnerable families through the "Children and Youth Protection Project”; (ii) USD300 million from USAID in new MRA humanitarian assistance will support COVID-19 response efforts for refugees and host communities.
|Armenia||01||01 - Liquidity Support||AMD|
|Armenia||01A||01A - Short-term lending||AMD|
|Armenia||01B||01B - Support policies for short-term lending||AMD||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 05 May 2020).||
No amount/estimate: Provided a few foreign exchange swap operations to assure sufficient liquidity in AMD and in foreign currency.
|Armenia||01C||01C - Forex operations||AMD||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 05 May 2020).||
(i) No amount/estimate: Provided a few foreign exchange swap operations to assure sufficient liquidity in AMD and in foreign currency. The CBA has undertaken some foreign exchange sales to limit excessive dram volatility since; (ii) the exchange rate has been allowed to adjust flexibly and has depreciated around 3% against the USD since the end of February. No balance of payment or capital control measures have been adopted.
|Armenia||08||08 - International Assistance Received||AMD||161,856,968,550||330,990,000|
|Armenia||08A||08A - Swaps||AMD|
|Armenia||08B||08B - International loans/grants||AMD||161,856,968,550||330,990,000|
|Armenia||08B1||08B1 - Asian Development Bank||AMD||22,020,058,895||45,030,000||ADB Table A1.3: Nonsovereign Operations, Table A1.5: Country Support under TA 9550-REG. (both accessed 30 September 2020).||
(i) March 22, Country Support under TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases (USD0.5 million); (ii) Nonsovereign Operations: Trade Finance Program (Additional Financing) - guarantee (USD13.91 million OCR, USD26.51 million co-financed); (iii) Nonsovereign Operations: Trade Finance Program (Additional Financing) - loan (USD7.58 million, with USD2.94 million co-financed) [update]; (iv) May 28, USD45 million from the COVID-19 Working Capital Support Project (USD20 million OCR, USD25 million co-financed); (v) July 1, Promoting Digital Finance Solutions for Inclusive Finance among Partner Financial Institutions - USD0.05 million; (vii) July 13, Addressing Health Threats in the Central, West, and East Asia Region - USD0.13 million; (viii) July 24, Due Diligence and Capacity Development of Trade Finance Program Banks - USD0.11 million [update]; (ix) August 3, COVID-19 Emergency Response - USD2 million; (x) August 6, Distance Education for Resilience Project in Armenia - USD0.75 million.
|Armenia||08B2||08B2 - Other||AMD||139,836,909,655||285,960,000||WB. https://www.worldbank.org/en/news/press-release/2020/04/03/world-bank-supports-armenia-to-combat-the-human-impact-of-the-covid19-pandemic (accessed 5 May 2020). IMF. https://www.imf.org/en/News/Articles/2020/05/18/pr20219-armenia-imf-execboard-concludes-2ndrev-under-sba-augments-access-address-impact-covid19 (accessed 21 May 2020). Public Radio of Armenia. https://en.armradio.am/2020/08/27/canada-to-provide-260000-in-covid-19-relief-to-armenia/ (accessed 28 July 2020)||
(i) April 3, The World Bank allocated USD3 million to address the country’s urgent needs for equipment and supplies needed for the intensive care of people with a confirmed COVID-19 diagnosis; (ii) May 18, USD280 million in total aid immediately available after an augmentation of its Stand-By Arrangement with the IMF; (iii) As of May 26, USD2.7 million to prepare laboratory systems, activate case-finding and event-based surveillance, support technical experts for response and preparedness, bolster risk-communications, and more; (iv) August 27, USD260,000 in COVID-19 relief from Canada.
|Australia||01||01 - Liquidity Support||AUD|
|Australia||01A||01A - Short-term lending||AUD||Reserve Bank of Australia (RBA). https://www.rba.gov.au/speeches/2020/sp-gov-2020-03-19.html (accessed 6 May 2020); RBA. https://www.rba.gov.au/covid-19/ (accessed 03 June 2020).||
No amount/estimate: April, To support liquidity, the Reserve Bank of Australia (RBA) will conduct one-month and three-month repo operations daily until further notice.
|Australia||01B||01B - Support policies for short-term lending||AUD||RBA. https://www.rba.gov.au/media-releases/2020/mr-20-13.html (accessed on 6 May 2020); RBA. https://www.rba.gov.au/covid-19/ (accessed 03 June 2020).||
No amount/estimate: May, To assist with the smooth functioning of Australian capital markets, the RBA has broadened the range of eligible collateral for open market operations to include securities issued by non-bank corporations with an investment grade.
|Australia||01C||01C - Forex operations||AUD||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 29 September 2020).||
No amount/estimate: April, The exchange rate has been allowed to adjust flexibly to absorb economic shocks.
|Australia||08||08 - International Assistance Received||AUD||96,494,049,600||60,000,000,000|
|Australia||08A||08A - Swaps||AUD||96,494,049,600||60,000,000,000||RBA. https://www.rba.gov.au/covid-19/ (accessed 3 June 2020); New York FED. https://apps.newyorkfed.org/markets/autorates/fxswap (accessed 9 July 2020).||
March 20, RBA has established a swap line with the United States (US) Federal Reserve for the provision of US dollar liquidity in amounts up to USD60 billion.