Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Tuvalu 01 01 - Liquidity Support AUD
Tuvalu 01A 01A - Short-term lending AUD
Tuvalu 01B 01B - Support policies for short-term lending AUD
Tuvalu 01C 01C - Forex operations AUD
Tuvalu 02 02 - Credit creation AUD
Tuvalu 02A 02A - Financial sector lending/funding AUD
Tuvalu 02B 02B - Support policies for long-term lending AUD
Tuvalu 02B1 02B1 - Interest rate adjustments AUD
Tuvalu 02B2 02B2 - Other policies to support long-term lending AUD
Tuvalu 02C 02C - Loan guarantees AUD
Tuvalu 03 03 - Direct long-term lending AUD
Tuvalu 03A 03A - Long-term lending AUD
Tuvalu 03B 03B - Forbearance AUD
Tuvalu 04 04 - Equity support AUD
Tuvalu 05 05 - Health and income support AUD 6,959,000 4,644,123
Tuvalu 05A 05A - Health support AUD 5,600,000 3,737,188 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 4 September 2020).

The government has announced AUD5.6 million supplementary budget for the Ministry of Health, which will be used for (a) specialized medical equipment, (b) enhanced laboratory capabilities, (c) upgrading of health facilities, and (d) increased surveillance measures to address the coronavirus threat.

Tuvalu 05B 05B - Income support AUD 670,000 447,128
Tuvalu 05B1 05B1 - Tax and contribution deferrals and policy changes AUD
Tuvalu 05B2 05B2 - Tax and contribution rates reduction AUD
Tuvalu 05B3 05B3 - Subsidies to individuals and households AUD 670,000 447,128 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 15 January 2021).

AUD670,000 was allocated to finance other relevant COVID-19 measures across the Government including risk allowances and civil servant allowances.

Tuvalu 05B4 05B4 - Subsidies to businesses AUD
Tuvalu 05B5 05B5 - Indirect income support AUD
Tuvalu 05B6 05B6 - No breakdown (income support) AUD
Tuvalu 05C 05C - No breakdown (health and income support) AUD 689,000 459,808 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 4 September 2020).

(i) The government has approved AUD189,000 in supplementary appropriation as a Coronavirus contingency fund; (ii) 4 September 2020, AUD300,000 was allocated under the Ministry of Finance for a grant to assist the private sector in response to the effects of the COVID-19. This grant is provided to the Development Bank of Tuvalu; (iii) 4 September 2020, AUD200,000 was allocated under the Ministry of Finance and approved under the Supplementary Appropriation Fund in order to finance other relevant COVID-19 measures across the Government.

Tuvalu 06 06 - Budget reallocation AUD
Tuvalu 07 07 - Central bank financing government AUD
Tuvalu 07A 07A - Direct lending and reserve drawdown AUD
Tuvalu 07B 07B - Secondary purchase: government securities AUD
Tuvalu 08 08 - International Assistance Received AUD 15,606,986 10,415,400
Tuvalu 08A 08A - Swaps AUD
Tuvalu 08B 08B - International loans/grants AUD 15,606,986 10,415,400
Tuvalu 08B1 08B1 - Asian Development Bank AUD 9,065,640 6,050,000 ADB Table A1.4: Asia Pacific Disaster Response Fund and Technical Assistance, Table A1.5: Country Support under TA 9550-REG. (both accessed 5 February 2021)

(i) 31 March 2020, Asia Pacific Disaster Response Fund and Technical Assistance (COVID-19 Emergency Response) - USD0.37 million. On 29 July 2020, an additional USD0.63 million was made available; (ii) Country Support under TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases - USD0.35 million [update]; (iii) 15 April 2020, Strengthening Social Protection in the Pacific - USD0.06 million; (iv) 24 April 2020, Country Share in Additional Financing to Develop the Pacific Health Sector - USD0.13 million; (v) 5 June 2020, Pacific Economic Management, Phase 3 - USD0.14 million; (vi) 24 June 2020, Supporting Public Sector Management Reforms - USD0.06 million; (vii) 10 August 2020, Knowledge and Support Technical Assistance for Strengthening Water, Sanitation, and Hygiene Practices and Hygiene Behavioral Change in the Pacific - USD0.1 million; (viii) 12 August 2020, Support for Gender-positive Responses to COVID-19 in the Pacific Developing Member Countries - USD0.11 million; (ix) 10 December 2020, Pacific Disaster Reliance Program, Phase 3 - USD4 million; (x) 17 December 2020, Supporting Recovery by Micro, Small, and Medium-sized Enterprises in the Pacific from the Effects of the COVID-19 Pandemic - USD0.1 million.

Tuvalu 08B2 08B2 - Other AUD 6,541,346 4,365,400 ABC News. https://www.abc.net.au/news/2020-05-20/australia-financial-support-pacific-governments-cyclone-pandemic/12262328 (accessed 29 May 2020). WB. https://www.worldbank.org/en/news/loans-credits/2020/06/05/tuvalu-maritime-investment-in-climate-resilient-operations-project-additional-financing-covid-19-coronavirus (accessed 11 June 2020)

(i) 20 May 2020, AUD3 million in grants from the Australian government; (ii) USD2.5 million from the World Bank to support urgent needs created by the COVID-19 crisis.

Tuvalu 09 09 - International Assistance Provided AUD
Tuvalu 09A 09A - Swaps AUD
Tuvalu 09B 09B - International loans/grants AUD
Tuvalu 10 10 - No breakdown AUD
Tuvalu 11 11 - Other Economic Measures AUD
Tuvalu 12 12 - Non-Economic Measures AUD
Tuvalu 12A 12A - Measures affecting travel and transport (local and international) AUD
Tuvalu 12B 12B - Measures affecting business and workplace AUD
Tuvalu 12C 12C - Others AUD IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 14 May 2020).

(i) Tuvalu has established a COVID-19 National Taskforce that will act as an Advisory body to Cabinet and provide updates on a regular basis; (ii) Quarantine and self-isolation measures; (iii) The State of Public Health Emergency, which was first declared on March 20, 2020, was extended for another 6 months on March 26, 2020.