The Department of Finance (DOF) said the Philippines has secured about $800 million worth of financing from multilateral development banks (MDBS) in December to ensure the government has funds to procure coronavirus booster shots. Finance Undersecretary Bayani H. Agabin said on Friday, Jan. 7, that
The Philippines has so far secured $800 million or about P40 billion worth of loan financing from multilateral development banks to ensure adequate government funds for the procurement of COVID-19 booster shots, the Department of Finance (DOF) said Friday.