April 2020

Government Measures to Counteract the Economic Effects of Novel Coronavirus (COVID-19)

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Government Measures to Counteract the Economic Effects of Novel Coronavirus (COVID-19)

Michael Hui

COVID-19 has changed the business landscape globally. As measures of inter-country lockdowns, local border closures, self-isolation and social distancing and are announced, businesses and industries are bracing for the full impact to unfold.
Amongst the measures taken to mitigate the effects of COVID-19, governments across the world have announced stimulus packages in order to counteract the negative economic impact on business, to ensure that businesses of all sizes can continue to operate and continue to employ.

The list is a work in progress, continually evolving as more governments announce assistance packages. The list should be used as a guideline and any business seeking to rely on the information should first review the official announcements and discuss the initiatives with their advisers.

  1. Australia
    1. Australian Federal Government
    2. Agencies
      1. Australian Taxation Office
      2. Reserve Bank of Australia
      3. Australian Banking Association
    3. State Governments
      1. New South Wales
      2. Queensland
      3. Western Australia
      4. Tasmania
      5. South Australia
      6. Victoria
      7. Australian Capital Territory
      8. Northern Territory
  2. New Zealand
    1. New Zealand Government
  3. United Kingdom
    1. United Kingdom Government
  4. Philippines
    1. Department of Trade and Industry
    2. Government Financial Institutions
    3. Central Bank
    4. Bureau of Internal Revenue
    5. Department of Transportation
    6. Private Enterprises
  5. Vietnam
  6. Thailand
  7. Singapore
    1. Inland Revenue Authority of Singapore
    2. Other Government Agencies
  8. Malaysia
    1. Central Bank of Malaysia
    2. Other Government Agencies
  9. Indonesia
    1. Tax Incentives
    2. Indonesian Government
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