Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Timor-Leste 01 01 - Liquidity Support USD
Timor-Leste 01A 01A - Short-term lending USD
Timor-Leste 01B 01B - Support policies for short-term lending USD
Timor-Leste 01C 01C - Forex operations USD
Timor-Leste 02 02 - Credit creation USD
Timor-Leste 02A 02A - Financial sector lending/funding USD
Timor-Leste 02B 02B - Support policies for long-term lending USD
Timor-Leste 02C 02C - Loan guarantees USD
Timor-Leste 03 03 - Direct long-term lending USD
Timor-Leste 03A 03A - Long-term lending USD
Timor-Leste 03B 03B - Forbearance USD
Timor-Leste 04 04 - Equity support USD
Timor-Leste 05 05 - Government support to income/revenue USD 150,000,000 150,000,000
Timor-Leste 05A 05A - Health USD 150,000,000 150,000,000 IMF. (accessed 16 April 2020).

April 7, The President authorized the transfer of USD250 million from the Petroleum Fund under the duodecimal regime. USD150 million was used to create an autonomous fund, the COVID-19 special funds, to spend on expenses related to prevent and combat the pandemic, including spending on medical equipment and medicine.

Timor-Leste 05B 05B - Non-health USD IMF. (accessed 27 April 2020).

April 20, The government approved a stimulus package to manage economic and financial risks from the COVID-19 including (i) cash transfers with a monthly basic income to over 214,000 households, lasting for 3 months; wage subsidies (60% of the wage cost) for formal sector employees; (ii) purchase of 3-month emergency supply of rice; (iii) maintaining transportation channels open for essential goods and medical/emergency goods; (iv) waving the payment of electricity (USD15 per month), water bills, and social security contributions; (v) provide stipends to over 4,200 Timorese students studying overseas.

Timor-Leste 06 06 - Budget reallocation USD
Timor-Leste 07 07 - Central bank financing government USD
Timor-Leste 07A 07A - Direct lending & reserve drawdown USD
Timor-Leste 07B 07B - Secondary purchase: government securities USD
Timor-Leste 08 08 - International Assistance Received USD 850,000 850,000
Timor-Leste 08A 08A - Swaps USD
Timor-Leste 08B 08B - International loans/grants USD 850,000 850,000
Timor-Leste 08B1 08B1 - Asian Development Bank USD 850,000 850,000 ADB. (accessed 29 April 2020).

(i) No amount/estimate for Timor-Leste: Policy Advice for COVID-19 Economic Recovery in Southeast Asia, covering 9 countries (USD5 million total); (ii) USD0.85 million allocation for TA9950-REG: Regional Support to Address the Outbreak of Coronavirus Disease 2019 and Potential Outbreaks of Other Communicable Diseases [update].

Timor-Leste 08B2 08B2 - Other USD
Timor-Leste 09 09 - International Assistance Provided USD
Timor-Leste 09A 09A - Swaps USD
Timor-Leste 09B 09B - International loans/grants USD
Timor-Leste 10 10 - No breakdown USD 100,000,000 100,000,000 IMF. (accessed 27 April 2020).

(i) This amount is part of the USD250 million transferred from the Petroleum Fund (See Health of Measure 5); (ii) As a part of the package, the authorities revealed its intention to have a credit program, such as reduced interest rates, credit guarantees for importers of essential goods, and emergency loans, to avoid bankruptcies, keep businesses open, and support households resolve their financial difficulties [update].

Timor-Leste 11 11 - Other Economic Measures USD
Timor-Leste 12 12 - Non-Economic Measures USD IMF. (accessed 27 April 2020).

(i) Containment and mitigation measures include (a) suspending collective passenger transport and obligating all individuals to wear a protective mask covering mouth and nose, wash their hands before entering commercial or service establishments, and maintain a safe distance of at least one meter from other people; (b) closing all schools and training facilities and suspending all face-to-face school activities; (c) restricting international travel, including the prohibition of entry of foreigners into national territory, except for foreigners born in Timor-Leste, resident citizens, and legal representatives of minors of Timorese nationality; (d) imposing compulsory isolation in a health facility or their homes applies to all those infected with COVID-19 until they are discharged, and all individuals who enter the national territory and all those under the supervision of the authorities will remain in isolation for a period of 14 days and voluntary isolation at home to those who are not in compulsory isolation as well as prohibiting meetings or demonstrations involving the agglomeration of more than five people and any social, cultural, and sporting events; (e) limiting public administration to essential public services; and (f) extending validity of licenses, authorizations, visas and residence permits, and other administrative acts and documents; (ii) March 27, the President declared the State of Emergency, effective from March 28 to April 26; (iii) April 20, The government extended it until end-May [update].