Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Cook Islands 02 02 - Credit creation NZD
Cook Islands 02A 02A - Financial sector lending/funding NZD
Cook Islands 02B 02B - Support policies for long-term lending NZD
Cook Islands 02B1 02B1 - Interest rate adjustments NZD
Cook Islands 02B2 02B2 - Other policies to support long-term lending NZD
Cook Islands 02C 02C - Loan guarantees NZD
Cook Islands 03 03 - Direct long-term lending NZD
Cook Islands 03A 03A - Long-term lending NZD
Cook Islands 03B 03B - Forbearance NZD
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
Federated States of Micronesia 02 02 - Credit creation USD
Federated States of Micronesia 02A 02A - Financial sector lending/funding USD
Federated States of Micronesia 02B 02B - Support policies for long-term lending USD
Federated States of Micronesia 02B1 02B1 - Interest rate adjustments USD
Federated States of Micronesia 02B2 02B2 - Other policies to support long-term lending USD
Federated States of Micronesia 02C 02C - Loan guarantees USD
Federated States of Micronesia 03 03 - Direct long-term lending USD
Federated States of Micronesia 03A 03A - Long-term lending USD
Federated States of Micronesia 03B 03B - Forbearance USD
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
Fiji 02 02 - Credit creation FJD 60,000,000 27,228,172
Fiji 02A 02A - Financial sector lending/funding FJD 60,000,000 27,228,172 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 7 May 2020).

The Reserve Bank of Fiji raised its Natural Disaster and Rehabilitation Facility to FJD60 million to include businesses affected by epidemics or pandemics, renaming it the Disaster Rehabilitation and Containment Facility.

Fiji 02B 02B - Support policies for long-term lending FJD
Fiji 02B1 02B1 - Interest rate adjustments FJD International Monetary Fund (IMF). https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 12 April 2020).

No amount/estimate: The Reserve Bank of Fiji reduced the overnight policy rate to 0.25% from 0.5% on 18 March 2020 to counter the economic impact of COVID-19.

Fiji 02B2 02B2 - Other policies to support long-term lending FJD
Fiji 02C 02C - Loan guarantees FJD IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 7 May 2020).

No amount/estimate: The Reserve Bank of Fiji expanded the SME Credit Guarantee Scheme to assist small entities.

Fiji 03 03 - Direct long-term lending FJD 100,000,000 45,380,287
Fiji 03A 03A - Long-term lending FJD 100,000,000 45,380,287 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 15 October 2020).

(i) The Reserve Bank of Fiji raised its Import Substitution and Export Finance Facility by FJD100 million to provide credit to exporters, large scale commercial agricultural farmers, public transportation and renewable energy businesses at concessional rates; (ii) As of 4 October 2020, The previously announced concessional loans initiative for MSMEs impacted by COVID-19 have totalled FJD22.5 million in approvals.

Fiji 03B 03B - Forbearance FJD
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.

Kiribati 02 02 - Credit creation AUD
Kiribati 02A 02A - Financial sector lending/funding AUD
Kiribati 02B 02B - Support policies for long-term lending AUD
Kiribati 02B1 02B1 - Interest rate adjustments AUD
Kiribati 02B2 02B2 - Other policies to support long-term lending AUD
Kiribati 02C 02C - Loan guarantees AUD