Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Saudi Arabia 11 - Other Economic Measures Saudi Arabian government. (accessed 6 May 2020). (accessed 14 May 2020). (accessed 14 May 2020). (accessed 14 May 2020)

(i) No amount/estimate: April 25, Increase of the monthly ceiling limit for e-wallets up to SAR20,000, with the goal of boosting digital payment transactions; May 11: (ii) Decided to stop the cost of living allowance starting from June 2020 [update]; (iii) Raised the value-added tax rate from 5% to 15% starting July 1. [update]; (iv) May 13, Announced the extension of the program of support for fees of sales points and e-commerce for all stores and private sector establishments for an additional three months ending on September 14, 2020. [update]

Singapore 11 - Other Economic Measures
Spain 11 - Other Economic Measures Gabinete de Comunicacion. (accessed 21 March 2020); Reuters. (accessed 1 April 2020),

(i) March 17, Economic dismissals related to Covid-19 are not allowed. Moreover, if a company reduces activity for reasons related to the Covid crisis, the maximum duration of the affected fixed-term contracts can be prolonged for the same number of months of the crisis; (ii) March 31, Prohibit evictions due to missed payments for all households until state of emergency lifted. Thereafter, evictions due to missed payments will be prohibited for a maximum of 6 months.

Sweden 11 - Other Economic Measures IMF. (accessed 19 April 2020); OECD. (accessed 19 April 2020).

On 24 March, the FSA stressed that it expects credit institutions to stop this year's dividend payments and use the earnings to further strengthen their capital.

Switzerland 11 - Other Economic Measures OECD. (accessed 13 April 2020).

(i) On April 3rd the Federal Council announced the coordination of the supply of important medical products; (ii) The Federal Council mentioned the possibility of restricting exports of important medical products and the possibility to impose the production of some of these medical goods.

Thailand 11 - Other Economic Measures
Timor-Leste 11 - Other Economic Measures
Turkmenistan 11 - Other Economic Measures IMF. (accessed 7 May 2020).

(i) A special regime has been established for the implementation of essential and high-priority imports and projects, which covers foreign currency rationing and transportation arrangements; (ii) The President has approved the list of goods subject to customs duties and the magnitude of such duties. Custom duties on selected goods have been raised to protect domestic suppliers [update].

Tonga 11 - Other Economic Measures IMF. (accessed 7 May 2020).

Commercial banks are assisting their customers affected by the COVID-19 virus on a case by case basis and depending on individual customers’ circumstances by: (i) reducing or suspending the principal loan repayments to interest only loan repayments; (ii) restructuring loans to businesses that have reduced business hours, in affected sectors such as tourism and related industries like transportation and to individuals who have been laid off; (iii) extending the terms of loans to reduce repayments; (iv) reducing loan interest rates on a case by case basis; and (v) providing access to short-term funding, if required.

Turkey 11 - Other Economic Measures Organisation for Economic Co-operation and Development (OECD). (accessed 22 May 2020; 5 June 2020).

(i) From April 1, joint-stock companies' dividend distributions (decided in shareholders' meetings) are capped to 25% of their 2019 profits; (ii)15 April, Customs tariffs for certain steel products were increased by 5 percentage points for 3 months, to protect output and employment in the domestic industry; (iii) From April 18, a customs surcharge of 50% is applied to imports of game consoles. From October this surcharge will be reduced to 20%; (iv) April 27, measures tightening the processing of imported goods in customs under 'red line' rules involving individual examination were implemented; (v) May 2, export restrictions on health products and equipment implemented since March are waived. Exports of protective masks and suits remain restricted; (vi) May 12, To support domestic industries affected by the COVID-19 crisis, customs tarffs were augmented by between 1.9-30% for 750 product groups (including textile products, various consumer durables, construction materials etc.).

Tuvalu 11 - Other Economic Measures
United States 11 - Other Economic Measures WTO. (accessed 11 April 2020); The White House. (accessed 18 April 2020). NPR. (accessed 29 April 2020). FT. (accessed 7 May 2020). FT (accessed 8 May 2020).FT (accessed 14 May 2020). CNN. (accessed 15 May 2020).

US President Donald J. Trump has already declared himself a “war-time” president and invoked war production powers to combat the COVID-19 crisis. (i) Temporary exclusion of certain products from the additional duty of 25% on a list of products (imposed on September 1, 2019). Published on March 20, but effective retroactively from September 1 2019; (ii) Presidential Memoranda allocating to domestic use certain personal protective equipment (e.g., N-95 filtering facepiece respirators; other filtering facepiece respirators; elastomeric, air-purifying respirators and appropriate particulate filters/cartridges; PPE surgical masks; and PPE gloves or surgical glove), due to the COVID-19 pandemic.

Uzbekistan 11 - Other Economic Measures
Vanuatu 11 - Other Economic Measures
South Africa 11 - Other Economic Measures Yale. (accessed 15 May 2020). OECD. (accessed 7 May 2020).

(i) Relaxed regulations for insurers; (ii) SARB extended prudential and related supervisory reporting requirements; (iii) commercial banks exempted from provisions of the Competition Act to enable them to develop common approaches to debt relief; (iv) SARB temporarily extended the submission for the quarterly returns for the 2020 financial year by one month. [update]

Afghanistan 11 - Other Economic Measures IMF. (accessed 14 April 2020)

The government has taken steps to replace wheat imports lost due to border closures with purchases from Central Asia. 

Armenia 11 - Other Economic Measures
Australia 11 - Other Economic Measures
Austria 11 - Other Economic Measures IMF. (accessed 15 April 2020).

On March 18, the Financial Market Authority prohibited short sales for one month following the massive drop in prices on the Vienna Stock Exchange due to betting on covered share price losses.

Azerbaijan 11 - Other Economic Measures IMF. (accessed 15 April 2020); The Coronavirus Response Fund. (accessed 19 April 2020); Eurasianet. (accessed 19 April 2020).

(i) March, Establishment of the Coronavirus Response Fund under the Decree of the President of the Republic of Azerbaijan of March 19, 2020. The government itself is asking for donations from citizens, organizations, and businesses to help it deal with the disease in Azerbaijan. According to President Ilham Aliyev, the basic goal of the fund is for the people of Azerbaijan to within the limits of their capability, demonstrate their civil solidarity and generosity which are foundations of their society. The fund has raised AZN112 million as of April 19; (ii) April, The CBA and commercial banks have shifted to a seven-day work week, including to allow individuals and businesses to convert their manat holdings into foreign currency.

Bangladesh 11 - Other Economic Measures
Belgium 11 - Other Economic Measures IMF. (accessed 15 April 2020).

No amount/estimate: Ban on short-selling stocks until April 16.

Bhutan 11 - Other Economic Measures IMF. (accessed 12 April 2020).

(i) March 11, Office of Consumer Protection has published market price information of essential commodities 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.

Brunei Darussalam 11 - Other Economic Measures
Canada 11 - Other Economic Measures
Cook Islands 11 - Other Economic Measures
European Central Bank 11 - Other Economic Measures
European Union 11 - Other Economic Measures Yale. (accessed 20 April 2020).

March to April, ESMA, EU's securities and markets regulator, issued various statements to adjust compliance and reporting schedule, clarify accounting standard applications (e.g. IAS 8, IFRS 9, and IFRS 17), and ensure alignment of reporting requirements and supervisory practices in the EU.

Finland 11 - Other Economic Measures
France 11 - Other Economic Measures IMF. (accessed 15 April 2020).

Ban on short-selling stocks