Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Kiribati 01 01 - Liquidity Support AUD
Kiribati 01A 01A - Short-term lending AUD
Kiribati 01B 01B - Support policies for short-term lending AUD
Kiribati 01C 01C - Forex operations AUD
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
Kiribati 03 03 - Direct long-term lending AUD
Kiribati 03A 03A - Long-term lending AUD
Kiribati 03B 03B - Forbearance AUD
Kiribati 04 04 - Equity support AUD
Kiribati 05 05 - Health and income support AUD 32,900,000 21,955,980
Kiribati 05A 05A - Health support AUD
Kiribati 05B 05B - Income support AUD
Kiribati 05B1 05B1 - Tax and contribution deferrals and policy changes AUD
Kiribati 05B2 05B2 - Tax and contribution rates reduction AUD
Kiribati 05B3 05B3 - Subsidies to individuals and households AUD
Kiribati 05B4 05B4 - Subsidies to businesses AUD
Kiribati 05B5 05B5 - Indirect income support AUD
Kiribati 05B6 05B6 - No breakdown (income support) AUD
Kiribati 05C 05C - No breakdown (health and income support) AUD 32,900,000 21,955,980 Asian Development Bank. https://www.adb.org/sites/default/files/publication/622976/pem-july-2020.pdf (accessed 26 July 2020).

June 2020, The Government of Kiribati mobilized its COVID-19 preparedness and response plan, valued at AUD32.9 million. The bulk of the funding will be for social and financial support (37.2%), health preparedness (36.2%), food security (12.4%), and education (9.2%). The remaining funds will support transportation, public awareness campaign, and small infrastructure works to refurbish isolation centers. Grants and subsidies are expected to be provided to businesses as well as state-owned enterprises to continue basic support services to the public. There will also be grants for unemployed I-Kiribati impacted by COVID-19, including seafarers, fisheries observers, fruit pickers, and casual workers in the construction and tourism industries.

Kiribati 06 06 - Budget reallocation AUD
Kiribati 07 07 - Central bank financing government AUD
Kiribati 07A 07A - Direct lending and reserve drawdown AUD
Kiribati 07B 07B - Secondary purchase: government securities AUD
Kiribati 08 08 - International Assistance Received AUD 21,158,154 14,120,000
Kiribati 08A 08A - Swaps AUD
Kiribati 08B 08B - International loans/grants AUD 21,158,154 14,120,000
Kiribati 08B1 08B1 - Asian Development Bank AUD 16,962,486 11,320,000 ADB

(i) 15 April 2020, USD0.02 million under the Strengthening Social Protection in the Pacific project; (ii) 24 April 2020, USD0.13 million under the Developing the Pacific Health Sector (Additional Financing); (iii) 30 April 2020, USD0.71 million is the estimated support under TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases. As of 30 January 2021, the amount committed increased to USD0.75 million; (iv) 5 June 2020, USD0.14 million under the Pacific Economic Management, Phase 3 (Additional Financing); (v) 24 June 2020, USD0.09 million under the Supporting Public Sector Management Reforms; (vi) 24 July 2020, USD0.4 million under the Strengthening Social Protection in the Pacific (Additional financing); (vii) 29 July 2020, USD1.5 million under the COVID-19 Emergency Response from the Asia Pacific Disaster Response Fund-Government of Japan; (viii) 10 August 2020, USD0.10 million under the Knowledge and Support Technical Assistance for Strengthening Water, Sanitation, and Hygiene Practices and Hygiene Behavioral Change in the Pacific; (ix) 12 August 2020, USD0.06 million under the Support for gender sensitive responses to COVID-19 in the Pacific Developing Member Countries; (x) 16 December 2020, USD8 million under the Pacific Disaster Resilience Program (Phase 3); (xi) 17 December 2020, USD0.13 million under the Supporting Recovery by Micro, Small and Medium-sized Enterprises in the Pacific from the Effects of the COVID-19 Pandemic.

Kiribati 08B2 08B2 - Other AUD 4,195,668 2,800,000 United Nations Development Programme (UNDP). http://mptf.undp.org/factsheet/fund/COV00 (accessed 22 May 2020); World Bank. https://www.worldbank.org/en/news/press-release/2020/06/26/covid-19-prevention-drives-boost-for-public-health-in-kiribati (accessed 9 July 2020); World Bank. http://documents1.worldbank.org/curated/en/165621592157849033/text/Stakeholder-Engagement-Plan-SEP-Kiribati-COVID-19-Emergency-Response-Project-P174219.txt (accessed 8 October 2020).

(i) May 2020, USD0.3 million under the United Nations (UN) COVID-19 Response and Recovery Multi-Partner Trust Fund (COVID-19 MPTF); (ii) 26 June 2020, The World Bank approved USD2.5 million funding to build capacity for essential service delivery to prepare Kiribati for COVID-19 and other future public health threats.

Kiribati 09 09 - International Assistance Provided AUD
Kiribati 09A 09A - Swaps AUD
Kiribati 09B 09B - International loans/grants AUD
Kiribati 10 10 - No breakdown AUD
Kiribati 11 11 - Other Economic Measures AUD
Kiribati 12 12 - Non-Economic Measures AUD
Kiribati 12A 12A - Measures affecting travel and transport (local and international) AUD International Monetary Fund (IMF). https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 13 April 2020).

(i) January 2020, Travel restrictions have been in place; (ii) 21 March 2020, Borders have been closed except for delivery of essential goods (quarantine requirements apply at all ports).

Kiribati 12B 12B - Measures affecting business and workplace AUD
Kiribati 12C 12C - Others AUD International Monetary Fund (IMF). https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 13 April 2020).

(i) 17 March 2020, A press release to prevent speculations and panic was released and government task forces have been formed to address commodities and cargo buffers, communication and awareness, isolation centers and containment efforts, and border control; (ii) 28 March 2020, A state of public emergency has been declared and schools are suspended.