Covid-19 response financing rises to over $13B – The Manila Times
Financing for the government’s response to the coronavirus disease 2019 (Covid-19) pandemic has ballooned to $13.36 billion (roughly P642 billion) as of mid-December, the Department of Finance (DoF) reported on Wednesday. According to the department, it received $12.72 billion from the Asian Development Bank (ADB), World Bank, Asian Infrastructure Investment Bank, Finance Development Program, Japan International Cooperation Agency, Export-Import Bank of Korea, and US dollar-denominated global bonds. Of the amount, $6.86 billion has been disbursed. The country also got $26.36 million in gran...