Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Sweden 01 01 - Liquidity Support SEK 80,524,000,000 8,187,202,286
Sweden 01A 01A - Short-term lending SEK 60,700,000,000 6,171,615,652 Riksbank. https://www.riksbank.se/en-gb/monetary-policy/monetary-policy-instruments/weekly-market-operations-at-longer-maturities-in-kronor/ (accessed 28 November 2020); Riskbank.https://www.riksbank.se/sv/penningpolitik/penningpolitiska-instrument/kop-av-foretagscertifikat/ (accessed 2 October 2020); Riksbank. https://www.riksbank.se/en-gb/monetary-policy/monetary-policy-instruments/purchases-of-commercial-paper/ (accessed 4 February 2021).

(i) 18 March 2020, The Riksbank is offering the banks the opportunity to borrow an unlimited amount of money on a weekly basis against collateral at three or six months’ maturity (at an interest rate of the repo rate plus 0.2 percentage points, which was reduced to the repo rate in July). The aim is to strengthen banks' access to liquidity, and it is a new measure to mitigate the effects of the COVID-19 pandemic. Peak total lending amounted to SEK28.7 billion (21 August 2020); (ii) To mitigate the effects of the COVID-19 pandemic on the Swedish economy, the Riksbank intends to purchase securities in an amount of up to SEK500 billion, up to 30 June 2021, in addition to the purchases planned prior to the pandemic. These purchases will include inter alia securities issued by non-financial corporations – commercial paper and corporate bonds. The total holdings of commercial paper is up to SEK32 billion. Peak total purchases of commercial papers amounted to SEK11.9 billion (29 January 2021) [update].

Sweden 01B 01B - Support policies for short-term lending SEK IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 21 May 2020).

No amount/estimate: (i) Easing rules for the use of covered bonds as collateral; (ii) Possibility for banks to temporarily breach the liquidity coverage ratio (LCR) for individual currencies and for total currencies.

Sweden 01C 01C - Forex operations SEK 19,824,000,000 2,015,586,634 Riksbank. https://bit.ly/2CiLMHg (accessed 21 May 2020); Riksbank. https://bit.ly/2Z7qh4f (accessed 24 July 2020); Riksbank. https://www.riksbank.se/en-gb/statistics/riksbanks-balance-sheet/the-riksbanks-assets-and-liabilities-the-weekly-report/ (accessed 22 August 2020); Riksbank. https://www.riksbank.se/sv/press-och-publicerat/nyheter-och-pressmeddelanden/pressmeddelanden/2020/riksbankens-dollarlan-forlangs/ (accessed 17 September 2020).

Up to USD60 billion auction by the Riksbank against collateral to monetary policy counterparties (2020 auctions: March 26; April 2, 16, 23, 30; May 14, 28; June 11, 25; July 9, 23; August 6, 20). Peak claims on residents inside Sweden denominated in foreign currency amounted to SEK19.824 billion. 15 September 2020, The Riksbank has decided to continue to offer its monetary policy counter-parties loans in US dollars against collateral until 31 March 2021.

Sweden 02 02 - Credit creation SEK 968,575,000,000 98,478,956,011
Sweden 02A 02A - Financial sector lending/funding SEK 858,500,000,000 87,287,183,476 Riksbank. https://bit.ly/2Yz55Vy (accessed 20 June 2020); Riksbank. https://bit.ly/37IEaJY (accessed 4 January 2021); Riksbank. https://bit.ly/2VhMaMM (accessed 26 June 2020); Riksbank. https://www.riksbank.se/en-gb/monetary-policy/monetary-policy-instruments/purchases-of-covered-bonds/ (4 February 2021); Riksbank. https://www.riksbank.se/en-gb/monetary-policy/monetary-policy-instruments/purchases-of-municipal-bonds/ (25 January 2021); Riksbank. https://www.riksbank.se/en-gb/press-and-published/notices-and-press-releases/press-releases/2020/further-measures-to-alleviate-the-economic-consequences-of-the-pandemic/ (accessed 2 July 2020); Riksbank. https://www.riksbank.se/sv/press-och-publicerat/nyheter-och-pressmeddelanden/pressmeddelanden/2020/riksbanken-inleder-kopen-av-foretagsobligationer-i-september/ (accessed 3 September 2020; Riksbank. https://www.riksbank.se/sv/penningpolitik/penningpolitiska-instrument/lan-till-bankerna-for-vidareutlaning-till-foretag/ (accessed 2 October 2020); Riksbank. https://www.riksbank.se/sv/penningpolitik/penningpolitiska-instrument/kop-av-foretagsobligationer/ (accessed 2 October 2020); Riksbank. https://www.riksbank.se/sv/penningpolitik/penningpolitiska-instrument/kop-av-sakerstallda-obligationer/ (accessed 2 October 2020); Riskbank. https://www.riksbank.se/sv/penningpolitik/penningpolitiska-instrument/kop-av-kommunobligationer/ (accessed 2 October 2020); Riksbank. https://www.riksbank.se/en-gb/monetary-policy/monetary-policy-instruments/purchases-of-corporate-bonds/ (accessed 4 February 2021).

(i) On 13 March 2020, the Riksbank decided to lend up to SEK500 billion to banks to safeguard the supply of credit to companies, to prevent them from being knocked out as a result of the spread of the coronavirus. To encourage banks, the loans will be granted at a variable interest rate equivalent to the Riksbank's repo rate, at present 0%, and they will have a maturity of 2 years. Peak total loans for onward lending amounted to SEK164.5 billion (31 July 2020); (ii) 20 March 2020, The Riskbank will purchase mortgage and other covered bonds issued in Swedish kronor in the secondary market, with maturities of more than one year. Until 30 September 2020, the Riksbank is offering to purchase covered bonds for SEK145 billion. 1 July 2020, The Riksbank is offering to purchase covered bonds for SEK210 billion until 31 December 2020. 26 November 2020, The Riksbank is offering to purchase covered bonds for SEK280 billion until 31 March 2021. Peak total purchases of covered bonds amounted to SEK231 billion (29 January 2021) [update]; (iii) 15 May 2020, Until 30 September 2020, the Riksbank is offering to purchase municipal bonds for SEK30 billion in the secondary market. The purchases are part of the bond-purchasing programme adopted on 16 March 2020 and that runs until the end of December 2020. 2 July 2020, the Riksbank is offering to purchase municipal bonds for SEK45 billion until 31 December 2020. 26 November 2020, The Riksbank is offering to purchase municipal bonds for SEK68.5 billion until 31 March 2021. Peak total purchases of municipal bonds amounted to SEK48.6 billion (22 January 2021) [update]; (iv) 1 September 2020, Riksbank's Executive Board has decided to begin purchases of corporate bonds in the week beginning 14 September 2020. Between 1 September 2020 and 30 June 2021, the Riksbank would offer to purchase corporate bonds at a nominal amount of SEK10 billion. The purchases strengthen the Riksbank's ability to act if the supply of credit to companies deteriorates further as a result of the COVID-19 pandemic. The purchases will be made on the secondary market and include non-subordinated corporate bonds issued by companies with a credit rating corresponding to Baa3/ BBB- or higher with a remaining maturity of up to five years. Peak total purchases of corporate bonds amounted to SEK4.001 billion (29 January 2021) [update].

Sweden 02B 02B - Support policies for long-term lending SEK 5,000,000,000 508,370,317
Sweden 02B1 02B1 - Interest rate adjustments SEK International Monetary Fund (IMF). https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 21 May 2020); Riksbank. https://www.riksbank.se/en-gb/press-and-published/notices-and-press-releases/press-releases/2020/further-measures-to-alleviate-the-economic-consequences-of-the-pandemic/ (accessed 2 July 2020).

(i) No amount/estimate: 24 March 2020, Reduction of lending rate for overnight loans by 55 basis points (from 0.75% to 0.2%) while leaving the repo rate unchanged at 0%; (ii) No amount/estimate, 1 July 2020: (a) Cut the interest rate on the standing loan facility from the repo rate plus 0.2 percentage points to the repo rate plus 0.1 percentage points; (b) Cut the interest rate and offered longer maturities on the weekly extraordinary loans to banks-the interest rate is cut from the repo rate plus 0.2 percentage points to the repo rate, (c) Cut the interest supplement that applies if the requirement for onward lending to Swedish companies is not met, from 0.20 percentage points to 0.10 percentage points.

Sweden 02B2 02B2 - Other policies to support long-term lending SEK 5,000,000,000 508,370,317 International Monetary Fund (IMF). https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 21 May 2020); Finansinspektionen. https://www.fi.se/en/published/news/2020/esrb-recommendation-on-distribution/ (accessed 30 June 2020); Riksbank. https://www.riksbank.se/en-gb/press-and-published/notices-and-press-releases/press-releases/2020/further-measures-to-alleviate-the-economic-consequences-of-the-pandemic/ (accessed 2 July 2020); Riksbank. https://www.riksbank.se/sv/press-och-publicerat/nyheter-och-pressmeddelanden/nyheter/2021/riksbanken-forstarker-riskbufferten/ (accessed 19 January 2021).

(i) No amount/estimate: On 24 March 2020, the Financial Supervisory Authority (FSA) stressed that it expects credit institutions to stop this year's dividend payments and use the earnings to further strengthen their capital; (ii) Temporary recognition of all credit institutions under the supervision of the FSA as counterparties, enabling them to access the new lending facility; (iii) Easing of countercyclical capital buffer by 2.5 percentage points; (iv) Extension of the phase-in period for the banks to comply with the new minimum requirements for own funds and eligible liabilities (MREL) until 2024 (from 2022); (v) 30 June 2020, The FSA has urged supervised banks and credit institutions to refrain from paying dividends or buying back shares; (vi) 1 July 2020, loans are offered at maturities of three months and six months; (vii) Extended the maturity on loans to banks for onward lending to companies from two to up to four years; (viii) 13 January 2020, The Riksbank has strengthened the risk buffer through a financial risk provision of SEK5 billion for 2020 due to the increased financial risks brought on by the government's response to the COVID-19 pandemic.

Sweden 02C 02C - Loan guarantees SEK 105,075,000,000 10,683,402,218 OECD. http://www.oecd.org/coronavirus/en/ (accessed 21 May 2020); Riksgalden. https://bit.ly/2Cl9Rx7 (accessed 17 May 2020); Swedish government. https://www.government.se/press-releases/2020/12/further-extension-of-business-emergency-package-foretagsakuten/ (accessed 4 January 2021); Ministry of Enterprise and Innovation. https://bit.ly/3elHixL (accessed 4 June 2020).

(i) SEK5 billion in guarantees for airlines; (ii) SEK50 billion increase of the ceiling for credit guarantees from EKN (the agency which insures export companies and banks against the risk of non-payment in export transactions) (to SEK500 billion from SEK450 billion), same amount as during the 2008 financial crisis, and the coverage is extended to sea shipping. 10 December 2020, the Government proposed to extend the SEK50 billion state credit guarantee program for loans to companies until 30 June 2021.; (iii) SEK75 million of government guarantees on 70% of new bank loans to companies experiencing financial difficulty but otherwise robust; (iv) 5 May 2020, Within the SEK5 billion guarantee for airlines already computed, the Debt Office issued a credit guarantee of SEK1.5 billion to Scandinavian Airlines System Aktiebolag (together with Denmark, for the same amount); (v) 27 May 2020, Together with the Centre Party and the Liberal Party, the Government proposed an additional SEK400 million for Almi Invest. The additional funding is aimed at bridging the crisis in small innovative businesses and avoiding the loss of structural capital and intangible assets in the life science sector and others. The amount will be added to the package once approved.

Sweden 03 03 - Direct long-term lending SEK 78,000,000,000 7,930,576,949
Sweden 03A 03A - Long-term lending SEK 78,000,000,000 7,930,576,949 Ministry of Finance. https://bit.ly/2V2k08J (accessed 12 April 2020); OECD. http://www.oecd.org/coronavirus/en/ (accessed 21 May 2020); Ministry of Trade and Industry. https://www.regeringen.se/pressmeddelanden/2021/02/statligt-lan-till-arrangorer-av-paketresor-for-aterbetalning-till-resenarer/ (accessed 6 February 2021).

(i) The Swedish Export Credit Corporation’s credit framework will be increased from SEK125 billion to SEK200 billion and can be used to provide both state-supported and commercial credit to Swedish export companies; (ii) Almi, a state agency which offers loans to companies with growth potential and assists in their business development, will get a new capital grant of SEK3 billion (about EUR270 million) to allow it to lend more to small and medium enterprises; (iii) No amount/estimate: 4 February 2021, State loan to organizers of package tours so that they can repay their remaining debts to travelers [update].

Sweden 03B 03B - Forbearance SEK IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 19 April 2020).

No amount/estimate: Suspension of amortization requirement until June 2021 (banks and borrowers may agree to reduce or suspend amortization payments temporarily).

Sweden 04 04 - Equity support SEK 5,000,000,000 508,370,317 Ministry of Trade and Industry. https://www.regeringen.se/pressmeddelanden/2020/06/rekapitaliseringen-av-sas-ab/ (accessed 9 July 2020). European Commission. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1488 (accessed 22 August 2020).

30 June 2020, The Government will participate in the recapitalization of SAS AB with an amount of no more than SEK5 billion. The government supports the submitted plan for a recapitalization of the company and the measures necessary to implement the plan. On 17 August 2020, The measure to recaptalize SAS was approved by the European Commission.

Sweden 05 05 - Health and income support SEK 779,842,574,829 79,289,763,438
Sweden 05A 05A - Health support SEK 47,612,000,000 4,840,905,509 OECD. http://www.oecd.org/coronavirus/en/ (21 May 2020); Reuters. https://reut.rs/30VEIuC (accessed 6 June 2020); Ministry of Social Affairs. https://www.regeringen.se/pressmeddelanden/2020/06/82-miljoner-for-tillsyn-av-tillfalliga-smittskyddsatgarder-pa-serveringsstallen/ (accessed 9 July 2020); La Moncloa. https://www.lamoncloa.gob.es/serviciosdeprensa/notasprensa/sanidad14/Paginas/2020/191020-respiradores.aspx (accessed 22 October 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2021/01/regeringen-satsar-50-miljoner-kronor-pa-forskning-om-langtidscovid/ (15 January 2021).

(i) SEK3 billion compensation to municipalities and regions for extraordinary measures and extra costs in health and medical care (raised on 2 April from initial SEK2 billion); (ii) 2 April 2020, SEK20 billion additional grants to municipalities and regions in 2020, up from SEK5 billion previously planned, of which SEK12.5 billion will be permanent; (iii) 7 May 2020: (a) Extended reimbursement for the first day of sickness (SEK3.2 billion), (b) continued suspension of medical certificate requirement (SEK1.1 billion), (c) central government responsibility for sick pay costs extended and adjusted (SEK9 billion), and (d) financial support to sick self-employed (SEK250 million); (iv) 11 May 2020, New measures to strengthen health elderly care (SEK5 billion); (v) 4 June 2020, The government is pledging an additional SEK5.9 billion for additional virus testing; (vi) 26 June 2020, SEK82 million is paid out to municipalities, regions, and the country administrative board in Stockholm for the supervision of temporary infection control measures at serving places. The Act on Temporary Infection Protection Measures at Serving Places comes into force on July 1; (vii) 4 September 2020, SEK30 million is set aside to support the municipalities' work to strengthen medical care; (vii) 11 January 2021, The government is investing SEK50 million in research on long-term COVID.

Sweden 05B 05B - Income support SEK 732,141,574,829 74,439,808,937
Sweden 05B1 05B1 - Tax and contribution deferrals and policy changes SEK 635,000,000,000 64,563,030,294 OECD. http://www.oecd.org/coronavirus/en/ (accessed 19 April, 7 & 15 May 2020); MInsitry of France. https://www.regeringen.se/pressmeddelanden/2021/02/nya-mojligheter-till-anstand-med-skatten-for-krisdrabbade-foretag-fran-i-morgon/ (accessed 6 February 2021); Ministry of Finance. https://bit.ly/312tcOa (accessed 19 May 2020); Ministry of Enterprise and Innovation. https://bit.ly/2YQcdM8 (accessed 4 June 2020); Ministry of Education and Research. https://www.government.se/press-releases/2020/07/the-government-decides-on-an-additional-investment-in-the-swedish-university-of-agricultural-sciences-slu-in-view-of-covid-19/ (accessed 9 July 2020); Ministry of Labor. https://www.regeringen.se/pressmeddelanden/2020/07/280-miljoner-avsatts-for-sommarjobb-och-jobb-for-unga/(accessed 9 July 2020); Ministry of Trade and Industry. https://www.regeringen.se/artiklar/2020/04/regeringen-har-beslutat-om-tillfallig-rabatt-for-fasta-hyreskostnader-i-utsatta-branscher/ (accesssed 16 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/07/regeringen-presenterar-stor-insats-for-att-starka-besoksnaringen/ (accessed 23 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/07/regeringen-beslutar-om-ett-tillfalligt-anpassat-sjofartsstod/ (accessed 23 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/08/coronakrisstod-pa-500-miljoner-till-nyhetsmedierna-klart-for-genomforande/ (accessed 8 August 2020); Rijksoverheid. https://www.rijksoverheid.nl/actueel/nieuws/2020/09/02/vergoeding-voor-ouders-die-buiten-de-noodregeling-kinderopvang-vallen (accessed 17 September 2020); Ministry of Social Affairs. https://www.regeringen.se/pressmeddelanden/2020/09/30-milj-kronor-for-starkt-kompetens-inom-den-kommunalt-finansierade-halso--och-sjukvarden/ (accessed 4 September 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/09/fler-arbetslosa-ska-kunna-studera-med-bibehallen-ersattning/ (accessed 1 October 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/10/forlangt-omstallningsstod-for-maj-respektive-juni-och-juli-trader-ikraft-19-oktober/ (accessed 29 October 2020).

(i) 25 March 2020, SEK315 billion, companies can defer 3 months payment of employer social security contributions, preliminary tax on salaries and VAT for up to 12 months, with interest; 4 February 2021, Extension of tax deferral for crisis-stricken companies. The new law contains several changes including 6-month deferral of tax payments. Fully utilized, this means an additional SEK300 billion in liquidity reinforcement [update]; (ii) 25 March 2020, To support SMEs, it will also be allowed to defer the value-added tax reported annually. Hence, companies can defer the payment of last year's VAT that is due shortly. If this is used to the maximum, it can amount to SEK7 billion; (iii) SMEs can claim back the preliminary tax paid in 2019 and either pay it later or set it off against future losses (the maximum liquidity reinforcement could amount to SEK13 billion).

Sweden 05B2 05B2 - Tax and contribution rates reduction SEK 53,000,000,000 5,388,725,363 OECD. http://www.oecd.org/coronavirus/en/ (accessed 19 April, 7 & 15 May 2020); Ministry of Finance. https://www.government.se/press-releases/2020/03/crisis-package-for-small-enterprises-in-sweden/,https://bit.ly/312tcOa (accessed 19 May 2020).

25 March 2020, (i) SEK20 billion for cancelling taxable profits of SMEs (sole proprietors and partners in Swedish partnerships) for 2019; (ii) SEK33 billion for temporary reduction of employers' social security contributions to the old age pension contribution.

Sweden 05B3 05B3 - Subsidies to individuals and households SEK 21,175,574,829 2,153,006,739 OECD. http://www.oecd.org/coronavirus/en/ (accessed 19 April, 7 & 15 May 2020); Ministry of Finance. https://bit.ly/312tcOa (accessed 19 May 2020); Ministry of Enterprise and Innovation. https://bit.ly/2YQcdM8 (accessed 4 June 2020); Ministry of Labor. https://www.regeringen.se/pressmeddelanden/2020/07/280-miljoner-avsatts-for-sommarjobb-och-jobb-for-unga/(accessed 9 July 2020); Ministry of Trade and Industry. https://www.regeringen.se/artiklar/2020/04/regeringen-har-beslutat-om-tillfallig-rabatt-for-fasta-hyreskostnader-i-utsatta-branscher/ (accesssed 16 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/07/regeringen-presenterar-stor-insats-for-att-starka-besoksnaringen/ (accessed 23 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/07/regeringen-beslutar-om-ett-tillfalligt-anpassat-sjofartsstod/ (accessed 23 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/08/coronakrisstod-pa-500-miljoner-till-nyhetsmedierna-klart-for-genomforande/ (accessed 8 August 2020); Rijksoverheid. https://www.rijksoverheid.nl/actueel/nieuws/2020/09/02/vergoeding-voor-ouders-die-buiten-de-noodregeling-kinderopvang-vallen (accessed 17 September 2020); Ministry of Social Affairs. https://www.regeringen.se/pressmeddelanden/2020/09/30-milj-kronor-for-starkt-kompetens-inom-den-kommunalt-finansierade-halso--och-sjukvarden/ (accessed 4 September 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/10/forlangt-omstallningsstod-for-maj-respektive-juni-och-juli-trader-ikraft-19-oktober/ (accessed 29 October 2020).

(i) 16 March 2020, SEK20 billion subsidy for short-term lay-offs; (ii) 7 May 2020, Higher ceiling for unemployment insurance benefits (SEK1.1 billion); (iii) 2 September 2020, EUR8.5 million in total compensation is allocated for parents who pay the costs for childcare entirely themselves because of COVID-19.

Sweden 05B4 05B4 - Subsidies to businesses SEK 21,270,000,000 2,162,607,330 OECD. http://www.oecd.org/coronavirus/en/ (accessed 19 April, 7 & 15 May 2020); Ministry of Finance. https://bit.ly/312tcOa (accessed 19 May 2020); Ministry of Enterprise and Innovation. https://bit.ly/2YQcdM8 (accessed 4 June 2020); Ministry of Education and Research. https://www.government.se/press-releases/2020/07/the-government-decides-on-an-additional-investment-in-the-swedish-university-of-agricultural-sciences-slu-in-view-of-covid-19/ (accessed 9 July 2020); Ministry of Labor. https://www.regeringen.se/pressmeddelanden/2020/07/280-miljoner-avsatts-for-sommarjobb-och-jobb-for-unga/ (accessed 9 July 2020); Ministry of Trade and Industry. https://www.regeringen.se/artiklar/2020/04/regeringen-har-beslutat-om-tillfallig-rabatt-for-fasta-hyreskostnader-i-utsatta-branscher/ (accesssed 16 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/07/regeringen-presenterar-stor-insats-for-att-starka-besoksnaringen/ (accessed 23 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/07/regeringen-beslutar-om-ett-tillfalligt-anpassat-sjofartsstod/ (accessed 23 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/08/coronakrisstod-pa-500-miljoner-till-nyhetsmedierna-klart-for-genomforande/ (accessed 8 August 2020); Rijksoverheid. https://www.rijksoverheid.nl/actueel/nieuws/2020/09/02/vergoeding-voor-ouders-die-buiten-de-noodregeling-kinderopvang-vallen (accessed 17 September 2020); Ministry of Social Affairs; Regeringskansliet. https://www.regeringskansliet.se/pressmeddelanden/2021/01/utokad-mojlighet-till-korttidspermittering-till-foljd-av-ny-pandemilag/ (accessed 15 January 2021). https://www.regeringen.se/pressmeddelanden/2020/09/30-milj-kronor-for-starkt-kompetens-inom-den-kommunalt-finansierade-halso--och-sjukvarden/ (accessed 4 September 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/09/fler-arbetslosa-ska-kunna-studera-med-bibehallen-ersattning/ (accessed 1 October 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/10/forlangt-omstallningsstod-for-maj-respektive-juni-och-juli-trader-ikraft-19-oktober/ (accessed 29 October 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2021/01/omstallningsstodet-forstarks-for-sma-foretag/ (accessed 15 January 2021); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2021/01/kraftfullt-ekonomiskt-stod-till-foretag-som-drabbas-av-nedstangning/ (accessed 19 January 2021).

(i) 25 March 2020, SEK5 billion for temporary discount for rental costs in vulnerable sectors (consumer goods, hotels, restaurants and certain other activities), government covering 50%; (ii) No amount/estimate: 7 July 2020, The Government has adopted an ordinance that enables the provision of compensation for the temporary suspension of fishing activities – tie-up support – to commercial fishers who have been particularly affected by the COVID-19 pandemic; (iii) 7 July 2020, As a way to mitigate the economic consequences of the virus outbreak, the government allocates SEK5 billion in support of reduced fixed rents for vulnerable industries in sectors such as retail, hotels, restaurants and certain other activities; (iv) 16 July 2020, SEK70 million for capacity-building initiatives in the hospitality industry; (v) No amount/estimate: 17 July 2020, Compensation will be given for ships that have been taken out of service due to the spread of the coronavirus; (vi) 6 August 2020, Corona crisis support of SEK500 million to the news media; (vii) No amount/estimate: 16 October 2020, An extended adjustment support for May and June and July, respectively, has now been approved by the European Commission. The aid will be granted to companies that have had a certain loss of turnover between two reference periods; 12 January 2021, (viii) Companies that lose a large part of their turnover during the periods November-December 2020 and January-February 2021 will be able to have up to 90% of their fixed costs reimbursed through the adjustment support; (ix) Increased opportunity for short-term layoffs as a result of a new pandemic law. From January to March 2021, companies will be able to reduce working hours up to 80% (from maximum 60%). The state will cover 75% of the cost of reducing working hours. It is tentatively estimated that the total cost of short-term work will amount to SEK10.7 billion in 2021; (x) 18 January 2021, Companies that have lost all their sales during a period due to closure will be able to get 100% of their fixed costs reimbursed, up to a ceiling of SEK75 million per company and month. The support is aimed at companies that have been prevented from conducting their business as a result of closure decisions issued with the support of the Pandemic Act and lost at least 30% of sales.

Sweden 05B5 05B5 - Indirect income support SEK 1,696,000,000 172,439,212 OECD. http://www.oecd.org/coronavirus/en/ (accessed 19 April, 7 & 15 May 2020); Ministry of Finance. https://bit.ly/312tcOa (accessed 19 May 2020); Ministry of Enterprise and Innovation. https://bit.ly/2YQcdM8 (accessed 4 June 2020); Ministry of Education and Research. https://www.government.se/press-releases/2020/07/the-government-decides-on-an-additional-investment-in-the-swedish-university-of-agricultural-sciences-slu-in-view-of-covid-19/ (accessed 9 July 2020); Ministry of Labor. https://www.regeringen.se/pressmeddelanden/2020/07/280-miljoner-avsatts-for-sommarjobb-och-jobb-for-unga/(accessed 9 July 2020); Ministry of Education and Research. https://www.government.se/press-releases/2020/07/the-government-decides-on-an-additional-investment-in-the-swedish-university-of-agricultural-sciences-slu-in-view-of-covid-19/ (accessed 9 July 2020); Ministry of Trade and Industry. https://www.regeringen.se/artiklar/2020/04/regeringen-har-beslutat-om-tillfallig-rabatt-for-fasta-hyreskostnader-i-utsatta-branscher/ (accessed 16 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/07/regeringen-presenterar-stor-insats-for-att-starka-besoksnaringen/ (accessed 23 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/07/regeringen-beslutar-om-ett-tillfalligt-anpassat-sjofartsstod/ (accessed 23 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/08/coronakrisstod-pa-500-miljoner-till-nyhetsmedierna-klart-for-genomforande/ (accessed 8 August 2020); Rijksoverheid. https://www.rijksoverheid.nl/actueel/nieuws/2020/09/02/vergoeding-voor-ouders-die-buiten-de-noodregeling-kinderopvang-vallen (accessed 17 September 2020); Ministry of Social Affairs. https://www.regeringen.se/pressmeddelanden/2020/09/30-milj-kronor-for-starkt-kompetens-inom-den-kommunalt-finansierade-halso--och-sjukvarden/ (accessed 4 September 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/09/fler-arbetslosa-ska-kunna-studera-med-bibehallen-ersattning/ (accessed 1 October 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/10/forlangt-omstallningsstod-for-maj-respektive-juni-och-juli-trader-ikraft-19-oktober/ (accessed 29 October 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/09/fler-arbetslosa-ska-kunna-studera-med-bibehallen-ersattning/ (accessed 1 October 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2021/01/sa-har-fordelas-medel-for-starkt-distansutbildning/ (accessed 16 January 2021).

(i) 20 March 2020, SEK500 million (EUR45 million) for cultural activities that lose revenue as a result of the restriction on public events and the same amount for sports; (ii) 19 May 2020, Allocated SEK720 million to extend maintenance work on railways, and increased road maintenance by SEK300 million. In light of the coronavirus, the reduced traffic allowed the government to pursue infrastructure spending. In addition to improvements in rail and road networks, the investment also contributes positively to employment; (iii) 27 May 2020, The Swedish Agency for Economic and Regional Growth mandate is being strengthened (SEK11 million) to facilitate the matching of unemployed people to the green industries; (iv) 2 July 2020, SEK100 million is allocated so that municipalities can offer jobs for young people this fall; (v) 7 July 2020, SEK3.3 million in 2020 for educational programs in shortage occupations, and SEK1.7 million for lifelong learning at the Swedish University of Agricultural Sciences; (vi) 4 September 2020, SEK30 million is set aside to support the municipalities' work to strengthen medical care; (vii) No amount/estimate: 28 September 2020, The government has also decided to expand the opportunities for jobseekers to study for up to a year while retaining financial compensation when it is justified to be able to get a job; (viii) 13 January 2021, SEK30 million to strengthen the conditions for distance education.

Sweden 05B6 05B6 - No breakdown (income support) SEK
Sweden 05C 05C - No breakdown (health and income support) SEK 89,000,000 9,048,992 Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2021/01/okat-anslag-med-89-miljoner-kronor-till-msb-for-insatser-under-coronapandemin/ (accessed 16 January 2021).

12 January 2021, Increased funding by SEK 89 million to Swedish Civil Contingencies Agency for efforts during the corona pandemic.

Sweden 06 06 - Budget reallocation SEK
Sweden 07 07 - Central bank financing government SEK 59,000,000,000 5,998,769,744
Sweden 07A 07A - Direct lending and reserve drawdown SEK
Sweden 07B 07B - Secondary purchase: government securities SEK 59,000,000,000 5,998,769,744 Riksbank. https://bit.ly/3hEVzYq (accessed 13 April 2020); Riksbank. https://bit.ly/3dpwPAk (accessed 2 May 2020); Riksbank. https://bit.ly/30VEZOa (accessed 21 May 2020); Riksbank. https://www.riksbank.se/en-gb/press-and-published/notices-and-press-releases/press-releases/2020/further-measures-to-alleviate-the-economic-consequences-of-the-pandemic/ (accessed 2 July 2020); Riskbank. https://www.riksbank.se/en-gb/monetary-policy/monetary-policy-instruments/purchases-of-government-bonds/ (4 February 2021); Riksbank. https://www.riksbank.se/en-gb/press-and-published/notices-and-press-releases/press-releases/2020/zero-policy-rate-and-extended-asset-purchases/ (accessed 28 November 2020).

16 March 2020, SEK300 billion Riksbank increase of purchases of securities in 2020 (including government and municipal bonds, covered bonds and securities issued by non-financial corporations). 1 July 2020, The framework for the asset purchases is being extended from SEK300 billion to SEK500 billion up to the end of June 2021. 27 April 2020, Riksbank will, between 1 May and 30 September 2020, purchase nominal Swedish government bonds for a nominal amount totalling SEK18 billion in addition to the previously decided purchases of government bonds during the period July 2019–December 2020. Until 30 September 2020, the Riksbank is offering to purchase government bonds for SEK25.5 billion, in addition to the previously decided purchases of government bonds. 1 July 2020, The Riksbank is offering to purchase government bonds for SEK45.5 billion, in addition to the previously decided purchases of government bonds until 31 December 2020. 26 November 2020, To improve the conditions for a recovery, the Executive Board has decided to expand the envelope for the asset purchases by SEK200 billion, to a total nominal amount of up to SEK700 billion, and to extend the asset purchase programme to 31 December 2021. Until 31 March 2021, the Riksbank is offering to purchase government bonds for SEK59 billion, in addition to the previously decided purchases of government bonds. Peak total purchases of government bonds within the program of asset purchases was SEK49.2 billion (29 January 2021) [update].

Sweden 08 08 - International Assistance Received SEK 590,621,000,000 60,050,837,032
Sweden 08A 08A - Swaps SEK 590,121,000,000 60,000,000,000 Federal Reserve Bank of New York. https://nyfed.org/31hvNUv (accessed 18 May 2020); Riksbank. https://bit.ly/2XG2KXV (accessed 8 August 2020); Riksbank. https://www.riksbank.se/en-gb/press-and-published/notices-and-press-releases/press-releases/2021/swap-agreement-with-federal-reserve-extended/ (accessed 6 February 2021).

Establishment of a swap facility of USD60 billion between the Riksbank and the US Federal Reserve (mutual currency arrangement). 5 August 2020, The swap agreement is extended by 6 months, until 31 March 2021. 29 January 2021, The swap agreement further extended for six months up to 30 September 2021 [update].

Sweden 08B 08B - International loans/grants SEK 500,000,000 50,837,032
Sweden 08B1 08B1 - Asian Development Bank SEK
Sweden 08B2 08B2 - Other SEK 500,000,000 50,837,032 NIB. https://www.nib.int/who_we_are/news_and_media/news_press_releases/3627/nib_provides_covid-19_response_loan_to_swedish_airport_operations (accessed 14 January 2021).

10 December 2020, The Nordic Investment Bank signed a seven-year loan agreement of SEK500 million (EUR49.24 million) with Swedish airport operator Swedavia AB to cope with the challenges caused by the COVID-19 pandemic.

Sweden 09 09 - International Assistance Provided SEK 10,240,000,000 1,041,142,410
Sweden 09A 09A - Swaps SEK
Sweden 09B 09B - International loans/grants SEK 10,240,000,000 1,041,142,410 Riksbank. https://bit.ly/2BHzp7i (accessed 26 June 2020); Ministry of Foreign Affairs. https://www.regeringen.se/pressmeddelanden/2020/06/regeringen-beslutar-om-bidrag-till-varldsbankens-fond-for-laginkomstlander-internationella-utvecklingsfonden-ida/ (accessed 9 July 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/09/sverige-avser-bidra-med-100-miljoner-kronor-till-vaccin-mot-covid-19-i-lag--och-medelinkomstlander (accessed 3 October 2020); Ministry for Foreign Affairs. https://www.government.se/press-releases/2020/11/the-government-is-investing-sek-140-million-to-mitigate-the-impacts-of-the-covid-19-pandemic-on-sexual-and-reproductive-health-with-a-focus-on-africa/ (accessed 14 November 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2021/01/100-miljoner-extra-till-stod-for-okade-utmaningar-inom-demokrati-och-manskliga-rattigheter-i-asien-och-oceanien-med-anledning-av-covid-19/ (accessed 22 January 2021).

(i) 16 June 2020, The Swedish parliament has given its approval to the Riksbank lending around SEK6.9 billion to the International Monetary Fund, for onward lending to low-income countries as part of the IMF’s Poverty Reduction and Growth Trust; (ii) 17 June 2020, The government has decided on a contribution to the World Bank's fund for low-income countries, IDA, of SEK9.2 billion, which will be paid out over a period of nine years. The contribution to IDA will be crucial for many poor countries as they now tackle the effects of the COVID-19 crisis on public health, the economy and the labor market (where the money should go to for the next 3 years, estimated at SEK3 billion); (iii) 30 September 2020, Sweden intends to contribute SEK100 million to the vaccine against COVID-19 in low- and middle-income countries; (iv) 10 November 2020, The government is investing SEK140 million to mitigate the impacts of the COVID-19 pandemic on sexual and reproductive health, with a focus on Africa; (v) 18 January 2021, SEK100 million in support of increased challenges in in democracy and human rights in Asia and Oceania due to COVID-19.

Sweden 10 10 - No breakdown SEK
Sweden 11 11 - Other Economic Measures SEK Reuters. https://reut.rs/3dqbdnr (accessed 15 June 2020).

12 June 2020, Sweden's parliament appointed two academics to review the unprecedented period of negative interest rates and massive asset purchases conducted by the central bank between 2015 and 2020.

Sweden 12 12 - Non-Economic Measures SEK
Sweden 12A 12A - Measures affecting travel and transport (local and international) SEK OECD. http://www.oecd.org/coronavirus/en/ (accessed 19 April, 25 June 2020); Ministry of Finance. https://bit.ly/3fHoE3B (accessed 21 May 2020); Reuters. https://reut.rs/3dfA1yl (accessed 19 June 2020); Ministry of Justice. https://www.government.se/press-releases/2020/07/extension-of-temporary-entry-ban-to-sweden-until-31-august-2020-and-easing-of-restrictions-for-more-travellers/ (accessed 9 July 2020); The Local SE. https://www.thelocal.se/20200729/sweden-scraps-advice-against-travel-to-four-countries (accessed 30 July 2020); Regeringskansliet. https://www.regeringen.se/uds-reseinformation/ud-avrader/a--andringar-av-avradan-fran-icke-nodvandiga-resor-till-alla-lander/ (accessed 13 August 2020); Reuters. https://uk.reuters.com/article/uk-health-coronavirus-sweden/sweden-to-lift-covid-ban-on-visits-to-care-homes-idUKKBN2661ZX (accessed 16 September 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/10/forandringar-i-forordningen-om-forbud-mot-att-halla-allmanna-sammankomster-och-offentliga-tillstallningar/ (accessed 29 October 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/10/det-tillfalliga-inreseforbudet-till-sverige-forlangs-till-och-med-den-22-december-2020/ (accessed 29 October 2020); Reuters. https://www.reuters.com/article/health-coronavirus-sweden/swedish-coronavirus-cases-rise-new-measures-welcomed-idUSL1N2I31K8 (accessed 19 November 2020); Government of Sweden. https://www.government.se/articles/2021/01/covid-19-act-allows-stronger-communicable-disease-control-measures/ (accessed 26 January 2021).

(i) 14 March 2020, The Ministry of Foreign Affairs advised against non-essential travel to all countries; (ii) Relatives should avoid "unnecessary visits" to hospitals from 1 April 2020, and a ban on visiting elderly care institutions is imposed; (iii) 14 May 2020, The temporary entry ban began to apply on 19 March 2020 and initially applied for 30 days. It was subsequently extended until 15 May 2020 in accordance with the recommendation of the Commission. The Government has now decided on a further extension of the entry ban until 15 June; (iv) 13 June 2020, Public transport where a place cannot be booked should be avoided; (v) 17 June 2020, The Foreign Ministry announced that it will lift its advice against non-essential travel to 10 European countries (Greece, Croatia, Spain, Italy, Portugal, Slovenia, France, Iceland, Belgium, Switzerland, and Luxembourg) from 30 June. For other European countries, the advice against non-essential travel will remain; (vi) 2 July 2020, Extension of temporary entry ban to Sweden until 31 August 2020 and easing of restrictions for more travellers; (vii) 30 July 2020, Sweden has lifted its advice against non-essential travel to four more countries: the Czech Republic, Denmark and Norway, and Switzerland. The ministry's recommendations against non-essential travel to other countries in the EU, EEA and Schengen area, as well as the UK, were extended until 12 August 2020; (viii) 13 August 2020, The advice against unnecessary travel to Liechtenstein and Austria is lifted. Advice against non-essential travel to other countries within the EU, the EEA (European Economic Area) and the Schengen area as well as the United Kingdom is extended until 26 August; (ix) 15 September 2020, Sweden will lift the ban on visits to care homes; (x) 22 October 2020, The temporary entry ban to the EU via Sweden will be extended until 22 December 2020; (xi) 18 January 2021, The government adopted the COVID-19 Act which entered into force on 10 January 2021 and is in effect until 30 September 2021. The Act is intended to give the government the authority to adopt more binding communicable disease control measures such as introducing special limitations to public transport and domestic flights [update].

Sweden 12B 12B - Measures affecting business and workplace SEK OECD. http://www.oecd.org/coronavirus/en/ (accessed 19 April, 25 June 2020); Ministry of Finance. https://bit.ly/3fHoE3B (accessed 21 May 2020); Reuters. https://reut.rs/3dfA1yl (accessed 19 June 2020); Regeringskansliet. https://www.regeringen.se/uds-reseinformation/ud-avrader/a--andringar-av-avradan-fran-icke-nodvandiga-resor-till-alla-lander/ (accessed 13 August 2020); Reuters. https://uk.reuters.com/article/uk-health-coronavirus-sweden/sweden-to-lift-covid-ban-on-visits-to-care-homes-idUKKBN2661ZX (accessed 16 September 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/10/forandringar-i-forordningen-om-forbud-mot-att-halla-allmanna-sammankomster-och-offentliga-tillstallningar/ (accessed 29 October 2020); Regeringskansliet. https://www.regeringen.se/pressmeddelanden/2020/10/det-tillfalliga-inreseforbudet-till-sverige-forlangs-till-och-med-den-22-december-2020/ (accessed 29 October 2020); Reuters. https://www.reuters.com/article/health-coronavirus-sweden/update-1-sweden-to-ban-sale-of-alcohol-after-10-pm-to-slow-spread-of-coronavirus-idUSL8N2HX66I (accessed 12 November 2020); Reuters. https://www.reuters.com/article/health-coronavirus-sweden/swedish-coronavirus-cases-rise-new-measures-welcomed-idUSL1N2I31K8 (accessed 19 November 2020); Reuters. https://www.reuters.com/article/us-health-coronavirus-sweden-highschools/sweden-to-allow-more-distance-learning-at-high-schools-as-covid-cases-rise-idUKKBN27Y1AV (accessed 21 November 2020); DW. https://www.dw.com/en/coronavirus-swedens-new-covid-lockdown-law-takes-effect/a-56185101 (accessed 14 January 2021); Government of Sweden. https://www.government.se/articles/2021/01/covid-19-act-allows-stronger-communicable-disease-control-measures/ (accessed 26 January 2021).

(i) Many secondary schools and universities have switched to distance learning; (ii) Events with more than 50 persons are banned since 27 March 2020; (ii) 22 October 2020, The government has decided that public dance events for more than 50 people will again be banned; (iii) 11 November 2020, The government plans to ban the sale of alcohol in bars, restaurants and night clubs after 10 p.m. as it fights to contain a surge in COVID-19; (iv) 18 November 2020, All public gatherings would be limited to eight people, down from a previous upper limit of 30; (v) 3 December 2020, The Prime Minister announced that high schools will switch to distance learning from 7 December 2020 until the end of the term. (vi) 8 January 2020, Restrictions on the number of people in shops, businesses and public places including theaters and swimming pools. Fines will be imposed on individuals flouting coronavirus rules businesses can be ordered to close in the case of violations; (vii) 18 January 2021, With the COVID-19 Act in force, the government now has the authority to introduce special limitations relating public gatherings and events, places for recreational/cultural activities and commercial centers that are open to the general public, etc. [update].

Sweden 12C 12C - Others SEK Deutsche Welle. https://www.dw.com/en/coronavirus-sweden-implements-tougher-restrictions-as-cases-rise/a-55992637 (accessed 4 January 2021)

30 December 2020, authorities took steps to increase measures against the virus, recommending commuters wear masks on public transport during rush hour as the country announced a record death toll from COVID-19.