ADB sets aside $25M for Philippines' vaccine purchase

ADB sets aside $25M for Philippines’ vaccine purchase
BusinessWorld
2/1/2021
© Provided by BusinessWorld
A simulation exercise for the rollout of coronavirus disease 2019 (COVID-19) vaccines was conducted in Mandaluyong City, Jan. 27, 2021. — PHILIPPINE STAR/MICHAEL VARCAS
© Provided by BusinessWorld
A simulation exercise for the rollout of coronavirus disease 2019 (COVID-19) vaccines was conducted in Mandaluyong City, Jan. 27, 2021. — PHILIPPINE STAR/MICHAEL VARCAS
THE ASIAN Development Bank (ADB) on Monday said it is set to lend $25 million (P1.2 billion) to the Philippine government for its acquisition of coronavirus disease 2019 (COVID-19) vaccines this year.
The ADB in a statement said the funds will come from its $125-million (P6 billion) Health System Enhancement to Address and Limit COVID-19 project, which allows governments to pay vaccine manufacturers in advance and secure a slot when the vaccine is available.

Related Keywords

Philippines ,Mandaluyong City ,Mandaluyong ,Filipinos ,Beatricem Laforga ,Wendele Avisado ,Masatsugu Asakawa ,Carlosg Dominguez ,Health System Enhancement To ,Asian Infrastructure Investment Bank ,Health Department ,World Bank ,Development Bank ,Health System Enhancement ,Asia Pacific Vaccine Access Facility ,Philippines Kelly Bird ,Secretary Wendel ,பிலிப்பைன்ஸ் ,ஆரோக்கியம் அமைப்பு விரிவாக்கம் க்கு ,ஆசிய உள்கட்டமைப்பு முதலீடு வங்கி ,ஆரோக்கியம் துறை ,உலகம் வங்கி ,வளர்ச்சி வங்கி ,ஆரோக்கியம் அமைப்பு விரிவாக்கம் ,ஆசியா பெஸிஃபிக் தடுப்பூசி நுழைவு வசதி ,பிலிப்பைன்ஸ் கெல்லி பறவை ,செயலாளர் வெண்டெல் ,