Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Vanuatu 02 02 - Credit creation VUV
Vanuatu 02A 02A - Financial sector lending/funding VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020). Daily Post Vanuatu. https://dailypost.vu/news/reserve-bank-of-vanuatu-announces-new-policy-facilities/article_4fa0e8a6-2515-5d5a-9ef6-ecd1c8a3fffd.html (accessed 23 July 2020)

(i) 23 July 2020, the RBV reactivated the Imports Substitution and Export Finance Facility (ISEFF) which aims to assist in improving Vanuatu’s balance of payment. Under the facilities, domestic lending institutions/commercial banks can obtain low cost back-to-back loan/credit from the RBV for the purpose of on-lending to eligible exporters and businesses catering for import substitution.

Vanuatu 02B 02B - Support policies for long-term lending VUV
Vanuatu 02B1 02B1 - Interest rate adjustments VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020).

No amount/estimate: (i) 27 March 2020, The Reserve Bank of Vanuatu (RBV) cut its policy rate from 2.9% to 2.25%

Vanuatu 02B2 02B2 - Other policies to support long-term lending VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020).

(i) 23 July 2020, the RBV reduced commercial banks’ Capital Adequacy Ratio (CAR) from 12.0% to 10.0%.

Vanuatu 02C 02C - Loan guarantees VUV
Vanuatu 07 07 - Central bank financing government VUV
Vanuatu 07A 07A - Direct lending and reserve drawdown VUV
Vanuatu 07B 07B - Secondary purchase: government securities VUV
Vanuatu 02 02 - Credit creation VUV
Vanuatu 02A 02A - Financial sector lending/funding VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020). Daily Post Vanuatu. https://dailypost.vu/news/reserve-bank-of-vanuatu-announces-new-policy-facilities/article_4fa0e8a6-2515-5d5a-9ef6-ecd1c8a3fffd.html (accessed 23 July 2020)

(i) 23 July 2020, the RBV reactivated the Imports Substitution and Export Finance Facility (ISEFF) which aims to assist in improving Vanuatu’s balance of payment. Under the facilities, domestic lending institutions/commercial banks can obtain low cost back-to-back loan/credit from the RBV for the purpose of on-lending to eligible exporters and businesses catering for import substitution.

Vanuatu 02B 02B - Support policies for long-term lending VUV
Vanuatu 02B1 02B1 - Interest rate adjustments VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020).

No amount/estimate: (i) 27 March 2020, The Reserve Bank of Vanuatu (RBV) cut its policy rate from 2.9% to 2.25%

Vanuatu 02B2 02B2 - Other policies to support long-term lending VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020).

(i) 23 July 2020, the RBV reduced commercial banks’ Capital Adequacy Ratio (CAR) from 12.0% to 10.0%.

Vanuatu 02C 02C - Loan guarantees VUV
Vanuatu 07 07 - Central bank financing government VUV
Vanuatu 07A 07A - Direct lending and reserve drawdown VUV
Vanuatu 07B 07B - Secondary purchase: government securities VUV
Vanuatu 02 02 - Credit creation VUV
Vanuatu 02A 02A - Financial sector lending/funding VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020). Daily Post Vanuatu. https://dailypost.vu/news/reserve-bank-of-vanuatu-announces-new-policy-facilities/article_4fa0e8a6-2515-5d5a-9ef6-ecd1c8a3fffd.html (accessed 23 July 2020)

(i) 23 July 2020, the RBV reactivated the Imports Substitution and Export Finance Facility (ISEFF) which aims to assist in improving Vanuatu’s balance of payment. Under the facilities, domestic lending institutions/commercial banks can obtain low cost back-to-back loan/credit from the RBV for the purpose of on-lending to eligible exporters and businesses catering for import substitution.

Vanuatu 02B 02B - Support policies for long-term lending VUV
Vanuatu 02B1 02B1 - Interest rate adjustments VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020).

No amount/estimate: (i) 27 March 2020, The Reserve Bank of Vanuatu (RBV) cut its policy rate from 2.9% to 2.25%

Vanuatu 02B2 02B2 - Other policies to support long-term lending VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020).

(i) 23 July 2020, the RBV reduced commercial banks’ Capital Adequacy Ratio (CAR) from 12.0% to 10.0%.

Vanuatu 02C 02C - Loan guarantees VUV
Vanuatu 07 07 - Central bank financing government VUV
Vanuatu 07A 07A - Direct lending and reserve drawdown VUV
Vanuatu 07B 07B - Secondary purchase: government securities VUV
Vanuatu 02 02 - Credit creation VUV
Vanuatu 02A 02A - Financial sector lending/funding VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020). Daily Post Vanuatu. https://dailypost.vu/news/reserve-bank-of-vanuatu-announces-new-policy-facilities/article_4fa0e8a6-2515-5d5a-9ef6-ecd1c8a3fffd.html (accessed 23 July 2020)

(i) 23 July 2020, the RBV reactivated the Imports Substitution and Export Finance Facility (ISEFF) which aims to assist in improving Vanuatu’s balance of payment. Under the facilities, domestic lending institutions/commercial banks can obtain low cost back-to-back loan/credit from the RBV for the purpose of on-lending to eligible exporters and businesses catering for import substitution.

Vanuatu 02B 02B - Support policies for long-term lending VUV
Vanuatu 02B1 02B1 - Interest rate adjustments VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020).

No amount/estimate: (i) 27 March 2020, The Reserve Bank of Vanuatu (RBV) cut its policy rate from 2.9% to 2.25%

Vanuatu 02B2 02B2 - Other policies to support long-term lending VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020).

(i) 23 July 2020, the RBV reduced commercial banks’ Capital Adequacy Ratio (CAR) from 12.0% to 10.0%.

Vanuatu 02C 02C - Loan guarantees VUV
Vanuatu 07 07 - Central bank financing government VUV
Vanuatu 07A 07A - Direct lending and reserve drawdown VUV
Vanuatu 07B 07B - Secondary purchase: government securities VUV
Vanuatu 02 02 - Credit creation VUV
Vanuatu 02A 02A - Financial sector lending/funding VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020). Daily Post Vanuatu. https://dailypost.vu/news/reserve-bank-of-vanuatu-announces-new-policy-facilities/article_4fa0e8a6-2515-5d5a-9ef6-ecd1c8a3fffd.html (accessed 23 July 2020)

(i) 23 July 2020, the RBV reactivated the Imports Substitution and Export Finance Facility (ISEFF) which aims to assist in improving Vanuatu’s balance of payment. Under the facilities, domestic lending institutions/commercial banks can obtain low cost back-to-back loan/credit from the RBV for the purpose of on-lending to eligible exporters and businesses catering for import substitution.

Vanuatu 02B 02B - Support policies for long-term lending VUV
Vanuatu 02B1 02B1 - Interest rate adjustments VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020).

No amount/estimate: (i) 27 March 2020, The Reserve Bank of Vanuatu (RBV) cut its policy rate from 2.9% to 2.25%

Vanuatu 02B2 02B2 - Other policies to support long-term lending VUV IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 23 July 2020).

(i) 23 July 2020, the RBV reduced commercial banks’ Capital Adequacy Ratio (CAR) from 12.0% to 10.0%.

Vanuatu 02C 02C - Loan guarantees VUV