In an effort to meet the current exigencies faced by Myanmar as a result of the COVID-19 pandemic, the Myanmar Government launched the COVID-19 Economic Relief Plan (CERP). The CERP comprises seven goals, 10 strategies, 36 action plans and 76 actions, each with an estimated timeline and designated authority in charge, covering a range of fiscal and social measures.

This loan provision by the government marked the first time of government’s assistance to microfinances which play crucial role in supporting financial sector of low-income families in this time of COVID-19 period.