The Government will allow individuals in financial stress as a result of the Coronavirus to access up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21.
Enterprises that their operation is mandatory suspended shall be liable to pay 60% of the agreed rent for their business premises for the months March and April. Tenants whose employment contract is suspended are allowed to pay only 60% of their monthly rent on main residence in March and April.
The government has also outlined changes to the pension deeming rate, with an average benefit of $8.42 a fortnight, or $219 a year to age pensioners.
The lower deeming rate will be cut from 1% to 0.5% for financial investments up to $51,800 for single pensioners and $86,200 for pensioner couples.
The upper rate, which only impacts about 40% of payment recipients with deemed assets, will decrease from 3% to 2.5%.
GOI will pay Employee Provident Fund contributions for employees and
employers for the next 3 months. This is targeted to firms with up to 100
workers and where 90% of workers earn less than Rs15,000 per month. This
is expected to cover 1.8M employees and 400,000 firms.
This will see $1.2bn made available as a wage subsidy of 50% of the apprentice’s or trainee’s wage for up to nine months from 1 January 2020 to 30 September 2020.
The Delhi government decided to double the pension under the widow pension scheme for 2.5 lakh beneficiaries, old-age pension scheme for five lakh beneficiaries, and disability pension scheme for one lakh beneficiaries. The Delhi government is providing Rs 4,000-5000 financial assistance to these people.
The National Insurance Board will give those on short weeks 60 per cent of their earnings for those days. For example, if a person is put on a three-day week, then the Board will pay 60 per cent of the wages the person would have earned for the other two days.
Acquisition of inputs for food and pastoral agricultural production in the amount of 30 billion, the establishment of a solidarity fund in support of women to finance the trade in vegetables and fruits in the amount of five billion .
Delhi government, on Saturday, announced free and increased rations for the beneficiaries under the public distribution scheme. Free and enhanced rations will be available from March 30, and around 18 lakh families are expected to benefit from it.
The state of Uttar Pradesh transferred Rs 611 crore ($80M) in cash transfers
directly to 27.5M workers of the Mahatma Gandhi National Rural
Employment Guarantee Scheme.
To promote the use of electronic payment tools the Western Africa Central
Bank (BCEAO) is providing more flexible measures to open a mobile money
and making transfers between people backed by electronic money free. The measures are effective for 30 days, renewable.
The government is currently weighing potential countercyclical fiscal measures to address the socio-economic impacts of the outbreak. An emergency response plan for the health sector has been prepared. The plan focuses on strengthening human and technical capacities of public hospitals, increasing available hospital beds, expanding testing capacities and purchasing medical supplies to facilitate the implementation of hygiene measures. The plan will be regularly updated to reflect local and…
The government has issued a supplementary budget for public healthcare in the amount of E100 million or 0.14 percent of GDP (pending parliamentary approval). Low priority recurrent spending will be redirected to the fight against the pandemic and a portion of the capital budget will be reallocated towards refurbishing hospitals and completing new hospitals.
The government has announced stimulus policies in the USD 6.4 billion package (EGP 100 billion, 2 percent of GDP) to mitigate the economic impact of COVID-19. Pensions have been increased by 14 percent.
The government has invited the SME and the Large Businesses Associations to discuss what would be the best measures to adopt in order to alleviate the impact of both crises. The government has also created a fund available at their Caisse de Depots et Consignation (CDC) with an initial allocation of FCFA 4 billion (approx. USD 2 million) to combat the propagation of COVID-19 in the country. Authorities’ current projection envisages the control of non-priority expenditure and redirect savings (…
Beginning on Friday March 20, 2020, all mobile money transfers of GH¢100
and below will be free of charge from service providers for the next 3
months.
The government committed US$100 million to support preparedness and response. Additional funds have been earmarked to address availability of test kits, pharmaceuticals, equipment, and bed capacity.
The Technical Education and Skills Development Authority (TESDA)’s
Scholarship Programs amounting to P3 billion will support affected and
temporarily displaced workers through upskilling and reskilling. It is also
offering free courses for all who would like to acquire new skills in the
convenience of their own homes, mobile phones and computers through the
TESDA Online Program.
The Social Security System mobilized existing P1.2 billion to cover
unemployment benefits for displaced workers. This will cover unemployment
insurance benefits to projected 30,000 to 60,000 workers who will lose their
jobs as a result of the possible layoffs in, or closures of, private companies hit
by the economic fallout.
Increase in deliveries of subsidized food parcels through the CLAP program (inversión agroalimentaria para la distribución de siete millones de cajas CLAP - alimentos subsidiados distribuidos por el Estado).
Bolivia Emprende (17.04.2020) EXPANSION OF THE FAMILIES BONUS to students of the Fiscal and Agreement Educational Units of the Education Area for Young and Adult People of the Alternative and Special Education Subsystem; The Private Educational Units of the initial, primary and secondary…
EXPANSION OF THE FAMILIES BONUS to students of the Fiscal and Agreement Educational Units of the Education Area for Young and Adult People of the Alternative and Special Education Subsystem; The Private Educational Units of the initial, primary and secondary levels.
Bolivia Emprende (17.04.2020) A one-time Universal Bonus equivalent to Bs500.- (FIVE HUNDRED 00/100 BOLIVIANOS) is granted to all Bolivians from the age of eighteen (18) to those under sixty (60) years of age. Supreme Decree 4215.
A one-time Universal Bonus equivalent to Bs500.- (FIVE HUNDRED 00/100 BOLIVIANOS) is granted to all Bolivians from the age of eighteen (18) to those under sixty (60) years of age. Supreme Decree 4215.
Bono Familia ampliado. Una ayuda financiera a todas las familias que tengan hijos en colegios fiscales---de pre- kinder hasta la secundaria. El “Bono Familia” que consta de Bs 500 por hijo.
Extended Family Bonus. A financial aid to all families who have children in fiscal colleges--- pre-kindergarten through high school. The "Bono Familia" which consists of Bs 500 per child.
The government will cover all home electricty bills that are equal to or less than 120 pesos bolivianos for the months of April, May, and June 2020--over 120 bolivianos, the consumer must pay it all. Futhermore, the government will also pay for 50% of all home water bills for the months of April, May, and June 2020 as a reponse to the sanitary state of emergency and quarantine due to COVID-19. 2.5 millions people shall benefit from this aid.Companies are prohibited to cut off water, gas or…
El Gobierno inyectará Bs 156 millones a la economía de la ciudad de El Alto mediante los bonos Familia y Canasta Familiar, para la etapa de cuarentena total.
The Government will inject Bs 156 million into the economy of the city of El Alto through the Family and Family Basket bonds, for the total quarantine stage.
2020-04-05
Family benefits,Social assistance,Cash transfers,Financing
Payroll Plan for small and medium sized companies through the Patria system for a period of up to six months. It will be activated at the request of the companies, to protect the socio-economic stability and the productive capacity of the companies that have ceased their activities due to the quarantine.
La canasta familiar gratuita anunciada por la presidenta Jeanine Añez para mitigar el impacto de la cuarentena por la pandemia del covid-19 será entregada a personas que no tienen un ingreso económico fijo. "El primer criterio (para entregar este beneficio) es que, si usted es asalariado, no va a tener acceso a la canasta familiar. Lo que queremos es llegar a los más perjudicados. [...] También se beneficiarán las personas de la tercera edad, que solo tienen la renta dignidad y necesitan…
2020-03-26
The free family basket announced by President Jeanine Añez to mitigate the impact of the covid-19 pandemic quarantine will be given to people who do not have a fixed income. "The first criterion (for providing this benefit) is that, if you are a wage earner, you will not have access to the family…
Approved temporarily cutting electricity prices by a maximum of 10 percent for 3 months to support firms and households. The support is estimated at approximately VND 11 trillion or nearly 0.1 percent of GDP.
European Union will prepare a special program of support for the BiH economy and the Western Balkans, following the end of the crisis caused by the emergence of the coronavirus.
President Alassane Ouattara of Cote d’Ivoire has announced a response plan funded up to 95.8 billion CFA francs as a new mechanism to battle the spreading coronavirus pandemic in the country. The funds aim to ensure the best care of patients, isolate and monitor people who have been in contact with these patients.
The government approved a proposal for legislative changes in the field of
employment. It will now be possible for a job seeker to register at the Labor
Office online and from anywhere. Additionally, persons registered with the Labor Office
will now have up to 3 days to prove a medical certificate in case of illness.
At the same time, Iran is stepping up its tracing of close contacts, and has opened new nursing homes in the capital Tehran and the hard-hit area of Qom province to provide care for patients who are recovering to ease the hospital's congestion.
The government is subsidizing social contributions for employees in
companies from sectors of tourism, transport, catering and other affected
companies, for April, May, and June of 2020, with a subsidy of contributions
per employee up to 50% of the average salary paid in 2019.
Cash benefits to: Workers who temporarily stopped working or have been on unpaid leave (VND 1.8 million/person/month); (iv) unemployed workers without unemployment insurance, and self-employed workers (VND 1 million/person/month); (v) households with monthly taxable revenue below VND 100 million/month that temporarily suspended business (VND 1 million/household/month).
Benefits will also be provided to poor households.
This is part of a cash transfer package worth of VND 36 trillion. The…
Each poor household will get a monthly allowance of VND1 million ($43),
near-poor household get VND 250,000 per month, while social protection
beneficiaries would receive an additional of VND500,000 per month on top of the monthly allowance.
Employees, small/household businesses that have had to suspend
operation and suffer difficulties due to Covid-19 would also be supported
with VND1 million per month.
This is part of a cash transfer package worth of VND 36 trillion. The allowances…
As of 18 March 2020, PhilHealth (the state health insurer) will also implement administrative measures: provide its members and service partners with additional relief in view of the recent declaration of a state of public health emergency in the country by extending the deadline of payment of contributions for its self-paying direct contributors. They can now pay their first quarter contributions on or before April 30, 2020 instead of March 31, 2020 without interest. Moreover, its policy on…
As of 18 March 2020, PhilHealth released Php 30 billion (USD 590 million)
additional funds to accredited hospitals as well implemented administrative
measures.
The Social Security System mobilized existing P1.2 billion to cover
unemployment benefits for displaced workers. This will cover unemployment
insurance benefits to projected 30,000 to 60,000 workers who will lose their
jobs as a result of the possible layoffs in, or closures of, private companies hit
by the economic fallout.
The Department of Trade and Industry (DTI) granted on Monday, April 6, a 30-day grace period for residential rent, as well as commercial rent paid by micro, small, and medium enterprises (MSMEs).
Affected workers, regardless of status (i.e. permanent, probationary, or
contractual) employed in private firms whose operations are affected by the
Covid-19 pandemic will receive P5,000 from the Department of Labor and
Employment (DOLE).
Individual local governments are providing significant sums to assist the
elderly and families with low or no income ($250,000 thus far from Sarajevo
municipality Stari Grad). Plans are underway for larger-scale assistance.
A total of Eur 5.5M is allocated for unemployment benefits for 2020, but this
could increase to another Eur 10M to support job retention and/or increase
unemployment benefits.
The government has reallocated 500 million dalasi (0.6 percent of GDP) from the current budget to the Ministry of Health and other relevent public entities to complement the support already received from partners to prevent and control the spread of the COVID-19 outbreak.
oecd (20.05.2020) This policy brief discusses the measures countries have taken to support the livelihoods of those who cannot access unemployment benefits or short-term work schemes. It examines the raft of new programmes introduced across the OECD and beyond, including means-tested assistance,…
