|Economy||Measure Code||Measure||Currency Code||Amount (Local)||Amount (USD)||Source||Post Date||Details|
|Afghanistan||01||01 - Liquidity Support||AFN|
|Afghanistan||01A||01A - Short-term lending||AFN|
|Afghanistan||01B||01B - Support policies for short-term lending||AFN||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 14 April 2020).||
No estimate/amount: The Financial Stability Committee is meeting regularly to assess evolving risks to the financial and monetary stability. Da Afghanistan Bank or DAB (central bank) has intensified its monitoring of banks and indicated its readiness to provide liquidity as needed.
|Afghanistan||01C||01C - Forex operations||AFN||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 26 April 2020).||
No amount/estimate: (i) DAB is in discussions with money-service providers, who play a systemic role in financial transactions, to ensure uninterrupted services, including transactions in foreign currency, and to encourage enhancement of their remote services given closures; (ii) DAB remains focused on price stability and is committed to exchange rate flexibility, limiting its foreign interventions to preventing excessive volatility. The DAB has engaged money-service providers, who play a systemic role in financial intermediation, including in foreign currency, to ensure uninterrupted services [update].
|Afghanistan||02||02 - Credit creation||AFN|
|Afghanistan||02A||02A - Financial sector lending/funding||AFN|
|Afghanistan||02B||02B - Support policies for long-term lending||AFN||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 26 April 2020).||
No estimate/amount: (i) The authorities increased the frequency of Financial Stability Committee meetings, enhanced the monitoring of early signs of liquidity stress, and reviewed banks’ business continuity plans; (ii) DAB has suspended administrative penalties and fees, postponed the IFRS-9 implementation to June 2021, and froze loan classifications at the pre-pandemic cutoff of end-February [update].
|Afghanistan||02C||02C - Loan guarantees||AFN|
|Afghanistan||03||03 - Direct long-term lending||AFN|
|Afghanistan||03A||03A - Long-term lending||AFN|
|Afghanistan||03B||03B - Forbearance||AFN|
|Afghanistan||04||04 - Equity support||AFN|
|Afghanistan||05||05 - Government support to income/revenue||AFN||8,000,000,000||101,662,492|
|Afghanistan||05A||05A - Health||AFN||8,000,000,000||101,662,492||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 26 April 2020); ADB estimates.||
(i) The government has so far allocated AFN1.9 billion (0.1% of GDP) in the budget for emergency health needs, such as (a) establishing testing labs, including at border crossings, (b) setting up special wards to boost hospitalization and care capacity, and (c) procuring the most critical medical supplies; (ii) As of Apr 22, the government has already allocated AFN8 billion (0.5% of GDP) for emergency pandemic response. The authorities plan to spend about 2% of GDP for critical pandemic-related spending during the year, with about one-third directed to health [update].
|Afghanistan||05B||05B - Non-health||AFN||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 26 April 2020).||
No amount/estimate: The government is working to identify nonessential spending that can be curtailed to create space for pandemic-related spending, including social relief package for the affected households and measures to prevent permanent damage to the Afghan economy [update].
|Afghanistan||06||06 - Budget reallocation||AFN|
|Afghanistan||07||07 - Central bank financing government||AFN|
|Afghanistan||07A||07A - Direct lending & reserve drawdown||AFN|
|Afghanistan||07B||07B - Secondary purchase: government securities||AFN|
|Afghanistan||08||08 - International Assistance Received||AFN||25,707,981,400||326,692,181|
|Afghanistan||08A||08A - Swaps||AFN|
|Afghanistan||08B||08B - International loans/grants||AFN||25,707,981,400||326,692,181|
|Afghanistan||08B1||08B1 - Asian Development Bank||AFN||236,075,268||3,000,000||ADB||
USD3 million - Country Support under TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases [update].
|Afghanistan||08B2||08B2 - Other||AFN||25,471,906,132||323,692,181||IMF. https://bit.ly/2Vk0uFb (accessed 19 April 2020); IMF. https://www.imf.org/en/News/Articles/2020/04/29/pr20193-afghanistan-imf-executive-board-approves-disbursement-to-address-the-covid-19; World Bank. https://www.worldbank.org/en/news/press-release/2020/04/02/world-bank-fast-tracks-100-million-covid-19-support-for-afghanistan (both accessed 1 May 2020).||
(i) April 14-Oct 13: IMF Catastrophe Containment And Relief Trust-Grant Assistance For Debt Service Relief, SDR2.4 million (SDR0.729/USD); (ii) The World Bank approved a USD100.4 million grant for the Afghanistan COVID-19 Emergency Response and Health Systems Preparedness Project to help Afghanistan take effective action to respond to the threat posed by COVID-19 and strengthen its public health preparedness; (iii) The IMF approved Afghanistan’s request for emergency assistance in the amount of SDR161.9 million (approximately USD220 million) under the Rapid Credit Facility. [update].
|Afghanistan||09||09 - International Assistance Provided||AFN|
|Afghanistan||09A||09A - Swaps||AFN|
|Afghanistan||09B||09B - International loans/grants||AFN|
|Afghanistan||10||10 - No breakdown||AFN||
No amount/estimate: April 22, The authorities plan to spend about 2% of GDP for critical pandemic-related spending during the year (See Measure 5 under health) [update].
|Afghanistan||11||11 - Other Economic Measures||AFN||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 14 April 2020)||
The government has taken steps to replace wheat imports lost due to border closures with purchases from Central Asia.
|Afghanistan||12||12 - Non-Economic Measures||AFN||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U (accessed 26 April 2020)||
(i) Screening at ports of entry, quarantine for infected people, and closure of public places for gathering; (ii) Quarantine for infected people; (iii) Closure of public places for gathering; (iv) Social distancing measures, including a three-week lockdown of Kabul (March 28) and Ghazni (April 1) and restricting daily movements to those deemed essentiall (v) Extended the border closures until April 9; (vi) Social distancing measures, with 20 provinces, including Kabul and some other cities, instituting lockdown measures, extended for two weeks on April 12 [update].