The Economic Response Plan (ERP) for the Cook Islands is executed in two phases.
Phase I of the ERP was a rapidly executed $61 million plan designed to meet the immediate needs of the community and the private sector after borders were shut. As a result, businesses were able to keep their workers on payroll and support was given to households to put food on the table.
Phase II – a $76 million plan providing comprehensive financial support to carry the country towards a post-COVID-19 future.