Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Bangladesh 01 01 - Liquidity Support BDT 280,000,000,000 3,296,056,504
Bangladesh 01A 01A - Short-term lending BDT 280,000,000,000 3,296,056,504 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 1 May 2020).

Bangladesh Bank (BB) has created several refinancing schemes, including a BDT50 billion Pre-shipment Refinancing scheme to support exporters, a BDT50 billion Special Incentive Refinancing Scheme for the agriculture sector, a BDT30 billion Refinancing Scheme to support micro-finance, and a BDT150 billion refinance scheme to facilitate the implementation of the government stimulus packages.

Bangladesh 01B 01B - Support policies for short-term lending BDT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 14 April 2020).

No amount/estimate: The CRR was initially reduced from 5% to 4.5% (daily-basis) and from 5.5% to 5% (bi-weekly basis), with a further reduction to 3.5% and 4%, respectively, from April 15.

Bangladesh 01C 01C - Forex operations BDT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 1 May 2020).

No amount/estimate: Foreign exchange rules were eased by Bangladesh Bank to provide foreign currency to the Bangladeshi nationals who are visiting abroad and facing problem in returning home due to travel disruptions. It also resumed sales of the US dollar to offset extra pressure on the market caused by lower remittance inflows following the COVID-19 outbreak.

Bangladesh 02 02 - Credit creation BDT 500,000,000,000 5,885,815,185
Bangladesh 02A 02A - Financial sector lending/funding BDT 500,000,000,000 5,885,815,185 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 14 April 2020).

The Ministry of Finance will subsidize interest payments on up to BDT500 billion in working capital loans by scheduled banks to businesses.

Bangladesh 02B 02B - Support policies for long-term lending BDT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 1 May 2020).

No amount/estimate: (i) The repo rate has been lowered from 6 percent to 5.75% (effective March 24th) and will be further reduced to 5.25% effective April 12th; and (ii) The Bangladesh Bank (BB) has also raised the advance-deposit ratio (ADR) and investment-deposit ratio (IDR) by 2% to facilitate credit to the private sector and improve liquidity in the banking system; (iii) BB took measures to delay non-performing loan classification.

Bangladesh 02C 02C - Loan guarantees BDT
Bangladesh 03 03 - Direct long-term lending BDT
Bangladesh 03A 03A - Long-term lending BDT
Bangladesh 03B 03B - Forbearance BDT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 15 May 2020).

BB took measures to waive credit card fees and interests, suspend loan interest payments.

Bangladesh 04 04 - Equity support BDT
Bangladesh 05 05 - Government support to income/revenue BDT 37,400,000,000 440,258,976 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 1 May 2020).

(i) No amount/estimate: At end-March, the Ministry of Finance issued a revised budget for FY20 that includes additional resources to fund the Ministry of Health COVID-19 Preparedness and Response Plan, and to expand existing transfer programs that benefit the poor. Increased allocation has been made to the Open Market Sale (OMS) program to facilitate the purchase of rice at one-third of the market price, and the Ministry of Disaster Management and Relief has distributed more than 24,000 tons of food at the district level; and (ii) April 15, The Prime Minister announced the allocation of BDT21.3 billion under a housing scheme for the homeless, BDT7.6 for poor people having lost their jobs as a result of the pandemic, BDT7.5 billion to provide health insurance for government employees most at risk, and a BDT1 billion bonus payment for government doctors and health workers treating COVID-19 patients.

Bangladesh 05A 05A - Health BDT
Bangladesh 05B 05B - Non-health BDT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 14 April 2020).

The Ministry of Finance will subsidize interest payments as mentioned in Measure 2 on working capital loans by scheduled banks to businesses.

Bangladesh 06 06 - Budget reallocation BDT
Bangladesh 07 07 - Central bank financing government BDT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 14 April 2020).

No amount/estimate: The Bangladesh Bank has announced that it will buy treasury bonds and bills from banks.

Bangladesh 07A 07A - Direct lending & reserve drawdown BDT
Bangladesh 07B 07B - Secondary purchase: government securities BDT
Bangladesh 08 08 - International Assistance Received BDT 169,875,364,500 1,999,710,000
Bangladesh 08A 08A - Swaps BDT
Bangladesh 08B 08B - International loans/grants BDT 169,875,364,500 1,999,710,000
Bangladesh 08B1 08B1 - Asian Development Bank BDT 75,776,249,500 892,010,000

(i) March 31, USD1.33 million under the Skills for Employment Investment Program (Tranche 1); (ii) April 30, USD100 million under the COVID-19 Response Emergency Assistance Project; (iii) April, USD240.01 million as a guarantee under the Trade Finance Program (Additional Financing) with USD56.62 million co-financing; [update] (iv) April, USD46.30 million as a loan under Trade Finance Program (Additional Financing) with USD21.87 million co-financing; [update] (v) USD3 million under the TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases; (vi) April 7, USD0.2 million as a technical assistance under the Regional Project Development Support for the South Asia Subregional Economic Cooperation Operational Plan, 2016–2025; (vii) May 7, USD1 million as technical assistance under COVID-19 under Active Response and Expenditure Support Program; (viii) May 7, USD500 million as COVID-19 pandemic response option (CPRO); (vii) May 20, USD0.17 million technical assistance under Support to address Outbreak of Coronavirus Disease 2019 and Strengthen Health Systems Preparedness for Communicable Diseases in South Asia.

Bangladesh 08B2 08B2 - Other BDT 94,099,115,000 1,107,700,000 The World Bank. https://www.worldbank.org/en/news/press-release/2020/04/03/world-bank-fast-tracks-100-million-covid-19-coronavirus-support-for-bangladesh (accessed 16 April 2020). USAID. https://www.usaid.gov/news-information/coronavirus/fact-sheets/update-united-states-continues-lead-global-response-covid-19 (accessed 29 May 2020). IMF. https://www.imf.org/en/News/Articles/2020/05/29/pr20226-bangladesh-imf-exec-board-approves-us-732m-disbursement-to-address-the-covid19-pandemic (accesed 10 June 2020).

(i) April 3, The World Bank approved a fast-track USD100 million financing to help Bangladesh prevent, detect, and respond to the COVID-19 pandemic and strengthen its national systems for public health emergencies. The project is financed from the International Development Association (IDA), the World Bank’s fund for the poorest countries, through the World Bank Group’s COVID-19 Fast Track Facility. The credit has a 30-year maturity, including a five-year grace period. (ii) May, more than USD25.7 million assistance from USAID includes USD10 million for health and IDA humanitarian assistance to help with case-management, surveillance activities, infection prevention and control, risk communication, and water, sanitation, and hygiene programs, and more than USD15.3 million in MRA humanitarian support for vulnerable people during the pandemic, including refugees and host communities; (iii) May 18, USD250 million co-financing from AIIB for ADB's COVID-19 Active Response and Expenditure Support Program; (iv) May 29, USD732 million approved by IMF Executive Board under the Rapid Credit Facility, USD244 milion, and Rapid Financing Instrument, USD488 million. [update]

Bangladesh 09 09 - International Assistance Provided BDT
Bangladesh 09A 09A - Swaps BDT
Bangladesh 09B 09B - International loans/grants BDT
Bangladesh 10 10 - No breakdown BDT 142,535,000,000 1,677,869,335 Asian Development Bank. https://www.adb.org/news/adb-president-bangladesh-finance-minister-discuss-support-covid-19-response (accessed 21 April 2020).

Stimulus package for widening social safety net coverage, salary support to workers at export-oriented industries, low-interest loans to affected industries and farmers, and increasing monetary supply.

Bangladesh 11 11 - Other Economic Measures BDT
Bangladesh 12 12 - Non-Economic Measures BDT IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 1 May 2020).

(i) March 23, The government declared a general holiday from March 26 to April 4, which has been extended until May 5: government offices, private offices, and courts will be closed, commercial banks will operate shorter hours; (ii) Individuals have been requested not to leave their homes except to collect daily necessities and emergency supplies, and to wear masks when outside; and (iii) A lockdown has been imposed on 75 hotspots in Dhaka where cases have been identified, and a curfew is in operation from 6pm to 6am.