Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Islamic Republic of Iran 01 01 - Liquidity Support IRR 105,000,000,000,000 2,500,000,000
Islamic Republic of Iran 01A 01A - Short-term lending IRR
Islamic Republic of Iran 01B 01B - Support policies for short-term lending IRR
Islamic Republic of Iran 01C 01C - Forex operations IRR 105,000,000,000,000 2,500,000,000 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 10 December 2020).

(i) The Central Bank of Iran announced it injected USD1.5 billion in the foreign exchange market to stabilize the rial; (ii) July 2020, injected another USD1 billion.

Islamic Republic of Iran 02 02 - Credit creation IRR
Islamic Republic of Iran 02A 02A - Financial sector lending/funding IRR
Islamic Republic of Iran 02B 02B - Support policies for long-term lending IRR
Islamic Republic of Iran 02B1 02B1 - Interest rate adjustments IRR
Islamic Republic of Iran 02B2 02B2 - Other policies to support long-term lending IRR
Islamic Republic of Iran 02C 02C - Loan guarantees IRR
Islamic Republic of Iran 03 03 - Direct long-term lending IRR 1,011,221,094,840,000 24,076,692,734
Islamic Republic of Iran 03A 03A - Long-term lending IRR 1,011,221,094,840,000 24,076,692,734 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020).

Subsidized loans for affected businesses and vulnerable households at 4.4% of GDP.

Islamic Republic of Iran 03B 03B - Forbearance IRR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020).

No amount/estimate: (i) Central bank agreed with commericial banks to postpone payment of loans due on February 2020 by 3 months; (ii) offered penalty waivers for customers with non-performing loans.

Islamic Republic of Iran 04 04 - Equity support IRR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 10 December 2020).

No amount/estimate: September 2020, 1% of sovereign wealth fund to stabilize stock market.

Islamic Republic of Iran 05 05 - Health and income support IRR 2,216,548,570,560,000 52,774,965,966
Islamic Republic of Iran 05A 05A - Health support IRR 469,893,952,200,000 11,187,951,243 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020, 15 January 2021).

(i) Additional funding to health sector at 2% of GDP; (ii) January 2021, USD244 million for initial imports of 16.8 million doses of vaccines from COVAX.

Islamic Republic of Iran 05B 05B - Income support IRR 1,746,654,618,360,000 41,587,014,723
Islamic Republic of Iran 05B1 05B1 - Tax and contribution deferrals and policy changes IRR 1,608,760,832,700,000 38,303,829,350 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020).

Moratorium on tax payments at 7% of GDP

Islamic Republic of Iran 05B2 05B2 - Tax and contribution rates reduction IRR
Islamic Republic of Iran 05B3 05B3 - Subsidies to individuals and households IRR 137,893,785,660,000 3,283,185,373 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020).

(i) cash transfer to vulnerable householders at 0.3% of GDP; (ii) support to unemployment insurance fund at 0.3% of GDP.

Islamic Republic of Iran 05B4 05B4 - Subsidies to businesses IRR
Islamic Republic of Iran 05B5 05B5 - Indirect income support IRR
Islamic Republic of Iran 05B6 05B6 - No breakdown (income support) IRR
Islamic Republic of Iran 05C 05C - No breakdown (health and income support) IRR
Islamic Republic of Iran 06 06 - Budget reallocation IRR
Islamic Republic of Iran 07 07 - Central bank financing government IRR
Islamic Republic of Iran 07A 07A - Direct lending and reserve drawdown IRR
Islamic Republic of Iran 07B 07B - Secondary purchase: government securities IRR
Islamic Republic of Iran 08 08 - International Assistance Received IRR 2,100,000,000,000 50,000,000
Islamic Republic of Iran 08A 08A - Swaps IRR
Islamic Republic of Iran 08B 08B - International loans/grants IRR 2,100,000,000,000 50,000,000
Islamic Republic of Iran 08B1 08B1 - Asian Development Bank IRR
Islamic Republic of Iran 08B2 08B2 - Other IRR 2,100,000,000,000 50,000,000 IMF. https://projects.worldbank.org/en/projects-operations/project-detail/P173994 (accessed 12 June 2020).

31 May 2020, USD50 million from the World Bank for Iran COVID-19 Emergency Response Project.

Islamic Republic of Iran 09 09 - International Assistance Provided IRR
Islamic Republic of Iran 09A 09A - Swaps IRR
Islamic Republic of Iran 09B 09B - International loans/grants IRR
Islamic Republic of Iran 10 10 - No breakdown IRR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020).

No amount/estimate: Central Bank allocated funds to import medicine.

Islamic Republic of Iran 11 11 - Other Economic Measures IRR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 15 May 2020).

(i) Sukuk bonds and the National Development Fund used to partly fund recovery and relief measures; (ii) April 15, government announced its biggest-ever initial public offering, selling its residue shares in 18 companies (including 12 percent share of Social Welfare Fund (SHASTA), the largest public company); (iii) expanded contacless payments and increased the limits for bank transactions in order to reduce circulation of banknotes and exchange of debit cards; (iv) 7 May 2020, estimated privatization proceeds are at around IRR165 trillion (0.6% of GDP) from banks and insurance companies and IRR70 trillion (0.2% of GDP) from SHASTA.

Islamic Republic of Iran 12 12 - Non-Economic Measures IRR
Islamic Republic of Iran 12A 12A - Measures affecting travel and transport (local and international) IRR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 15 December 2020).

(i) Stopped flights from China; (ii) 27 April 2020, reopened all international borders (except Turkmenistan) to revive regional trade; (iii) 28 November 2020, new restrictions like curfew and lockdowns and mandatory wearing of mask in affected regions.

Islamic Republic of Iran 12B 12B - Measures affecting business and workplace IRR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020). Aljazeera. https://www.aljazeera.com/news/2020/10/31/iran-to-implement-new-restrictions-as-covid-19-cases-surge (accessed 06 Nov 2020).

(i) closed schools and malls, key religious sites, banned cultural and religious gatherings, released a high number of prisoners; (ii) 25 March 2020, partial lockdown announced, closing of businesses and government offices for two weeks; (iii) Staggered reopening of businesses that are low or average risk in terms spreading the virus; (iv) 31 October 2020, new restrictions as cases surge: (a) cinemas, cafes, gyms and pools in those counties will remain shut for 10 days, (b) events and gatherings will also be suspended, (c) educational facilities will move classes online.

Islamic Republic of Iran 12C 12C - Others IRR