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The EBRD and the EC have approved a €43m financial package to rehabilitate two key sections of the national rail network in Moldova.

The Philippine government is seeking to borrow more than $300 million that will be used to purchase vaccines for the coronavirus disease 2019 (Covid-19), an official from the Asian Development (ADB) said on Monday. “The Philippines can access $400 to $500 million lending for vaccine procurement. At the moment the government has requested approximately $325 million from the first component of the facility — the Rapid Response Component and that’s dedicated for financing the procurement of vaccines,” said ADB Country Director for the Philippines Kelly Bird in a briefing. “At the momen...

Published December 21, 2020, 6:10 PM The Philippines’ request for $325-million financing for vaccine procurement will be raised to the Asian Development Bank (ADB) board for consideration “very, very quickly,” a bank official said Monday. ADB Country Director for the Philippines Kelly Bird said they are working closely with the Philippine government even during the holiday season to carry out the technical background work and prepare the vaccine procurement project. “The Philippines can access between $400 and $500 million lending for vaccine procurement. At the moment, the government...

$9 Billion ADB Facility to Help Members Access and Distribute COVID-19 Vaccines Promoting safe, equitable, and effective access to vaccines is a top priority for ADB’s COVID-19 response efforts. Vaccination programs can break the chain of virus transmission, save lives, and mitigate the negative economic impacts of the pandemic by restoring confidence in people’s ability to work, travel, and socialize safely. Source: Global News Tuesday, 15 December 2020 10:05 AM The Asian Development Bank (ADB) has launched a $9 billion vaccine initiative—the Asia Pacific Vaccine Access Facilit...

Posted on The Asian Development Bank (ADB) has launched a $9 billion vaccine initiative—the Asia Pacific Vaccine Access Facility (APVAX)—offering rapid and equitable support to its developing members as they procure and deliver effective and safe coronavirus disease (COVID-19) vaccines. “As ADB’s developing members prepare to vaccinate their people as soon as possible, they need financing to procure vaccines as well as appropriate plans and knowledge to be able to safely, equitably, and efficiently manage the vaccination process,” said ADB President Masatsugu Asakawa. “APVAX wil...